Comments by "H Pn" (@Garapetsa) on "Rep. Casten: There is a huge problem in this country with consumer debt" video.

  1. 1) She wasn't around in 70's. 2) She wasn't around in the 80's. We once used to tax deduct interest from credit card. That was nice... it was to stimulate spending. Did it work... No. Why... because the rate for borrowing was in the double digits. It's all about choice... If you can't afford it, DON'T look at it. What happens when you have government cap.... you get INFLATION!!!
    2