“In a recent survey, 24 percent defined the American dream as “not being in debt.” They’re not trying to get ahead. They’re just trying to get to zero.”
RIP, the middle class: 1946-2013
24%. Nearly a quarter of people whose deepest hope isn’t a vacation home or a third car or a business of their own. But just to not spend their life worrying about how much they owe someone else.
And how much of that debt is for things we’ve been told were necessary- student loans, auto loans because public transit isn’t an option, credit cards and medical expenses because they can’t afford health insurance. Yeah, I’m sure some of it is on other things, less necessary things, but so much of our culture is bent on tying people down to as much debt as it possibly can.