Our Debt

This article,  Experts Warn Debt May Threaten Economy – Yahoo! News, did a good job of explaining our current debt situation and how our attitude and habits contribute to it.   I particularly resonated with this quote:

"I see people younger than me with comparable jobs that drive new vehicles and have a boat and mortgage and things," says Canelon, who responded to the AP/Ipsos poll. "And I just wonder about their debt."

We were camping at the lake a few weeks ago and even with our truck, camper, convertible and boat, we were way outdone by the young couples all around us.  They had brand new trucks, 5th wheels that cost as much as houses and boats.  We just kept saying, "they are in debt!"