The Born Loser by Art and Chip Sansom for November 20, 2015
November 19, 2015
November 21, 2015
Transcript:
Gladys: I love my credit cards - they enable me to buy things I can't afford!
Ramona: You do realize those charges will come back to bite you, don't you?
Gladys: Sure, but not for thirty days!
Sounds like my Ex wife, she could never understand paying interest actually lowered your spending income.
I say the same about the US government, imagine if there was no debt and no interest, without changing the tax rate (raise or lower) they would have billions more to spend.
The more debt they get into the less spending they have without borrowing more. That is why if the borrowing amount is reduce (still negative) both parties consider that progress.
It would be like If I spend 130% of my monthly income but I lowered it to a 115% and then celebrating about it.
Yes, but buying a car on payments, or tires will allow you to get to work so you can pay all the bills. If you are a professional and make plenty of money, you can put some away, but if you are a regular working stiff, trying to keep family fed, clothed and the heat, lights and mortgage paidd, there are times you need to get into debt, just to keep it all going.
Argythree about 9 years ago
When did thirty days become a lifetime?
angelfiredragon about 9 years ago
Sounds like my Ex wife, she could never understand paying interest actually lowered your spending income.
I say the same about the US government, imagine if there was no debt and no interest, without changing the tax rate (raise or lower) they would have billions more to spend.
The more debt they get into the less spending they have without borrowing more. That is why if the borrowing amount is reduce (still negative) both parties consider that progress.
It would be like If I spend 130% of my monthly income but I lowered it to a 115% and then celebrating about it.
Jim Kerner about 9 years ago
She’s your daughter.
FishDog93 about 9 years ago
The American dream!
David Root about 9 years ago
More like it is Brutus who is spending all that money on the bills!!!!!!
route66paul about 9 years ago
Yes, but buying a car on payments, or tires will allow you to get to work so you can pay all the bills. If you are a professional and make plenty of money, you can put some away, but if you are a regular working stiff, trying to keep family fed, clothed and the heat, lights and mortgage paidd, there are times you need to get into debt, just to keep it all going.