Advertising & Debt

 

Americans are inundated with ADVERTISING... in newspapers, social media, movies, television series, online news forums, and billboards.

WHY?

To get you to spend your money!!!

• clothes
• shoes
• cars
• computers
• cell phone
• WIFI connections
• Cable
• white teeth
• lose weight
• cosmetics
• remove wrinkles

Americans, because of credit cards, have the ability to buy what they want and not what they need, finding themselves in debt.

Advertisers don't really care, as long as they get your money.

On the other side of the coin, what would our economy be like if Americans did not use their credit cards to buy?

Our economy would be sluggish and slow growing...

• layoffs
• shortages
• higher prices
• logistic issues
• less taxes collected

From an economic perspective, CREDIT CARDS are a necessary EVIL...

• Is this one of the downsides of CAPITALISM?
• Will consumer education help to change this?
• Is there an alternative?

THINK ABOUT THIS...

From an economic point of view, we want PEOPLE IN DEBT...