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Mordechai Treiger | Living beyond our means

(10/17/08 9:00am)

We're a nation of borrowers. According to Wednesday's USA Today (or does that make it the "USA Two days ago?") the average borrower's credit-card debt now stands at $1,717. The government borrowed billions from China to finance its no-tax and spend policies and doubled the national debt to $10 trillion over the past eight years (though, to be fair, I got this figure from the most recent Presidential debate, so there's no guarantee).