>So I don't think I'm able to refute the idea that a majority of U.S
>citizens have credit card debt.

To be fair, I don't have statistics for my claim either.  It could be that the 
majority of Americans don't have credit card debt, but I would surprised by 
that.  In any case, I do believe that my generation -- Baby Boomers, loosely -- 
internalized ideas about possessions, debt and spending that were very 
different from the generations that proceeded us.  

Olin
  ----- Original Message ----- 
  From: Euan Ritchie<mailto:[EMAIL PROTECTED]> 
  To: Killer Bs (David Brin et al) Discussion<mailto:[email protected]> 
  Sent: Monday, November 17, 2008 12:39 PM
  Subject: Re: Taking responsibility (was Re: How Government Stoked the Mania)


  [Referencing people who avoid debt]

  > As I said before, I commend people who have avoided that temptation.  
  > But I think its fair to say they are a minority in the US.

  Betting you were wrong there I went looking for facts and found this
  interesting summary of numbers on U.S debt...

  http://www.christianccc.org/facts.html<http://www.christianccc.org/facts.html>

  ...but it's unfortunately mostly averages where what I want to find is
  an absolute count of how many have credit card debt.

  Some more detail is here...

  
http://www.directlendingsolutions.com/2006-consumer-stats.htm<http://www.directlendingsolutions.com/2006-consumer-stats.htm>

  But again the figure I want is not present.

  So I don't think I'm able to refute the idea that a majority of U.S
  citizens have credit card debt.

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