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> Do you seriously believe that people having to put $400 on their credit card isn't a sign of increasing poverty? You are that daft? Less people would rely on
by dahfizz 5y ago
> Do you seriously believe that people having to put $400 on their credit card isn't a sign of increasing poverty? You are that daft?
Less people would rely on a credit card for $400 today than 10 years ago. That's a sign of decreasing poverty.
I'm not arguing that everything is perfectly fine. There are people struggling. But the trend is undeniably positive. People are better off today than 10 years ago, and the same was true 10 years ago as well.
> Furthermore the sign of bankruptcies declining does not disprove the claim that the majority of bankruptcies are medical related.
This was your claim:
> Honestly the point was to demonstrate the declining standard of living of Americans.
Yes, most bankruptcies are medical related. But bankruptcy rates are down, so your point that this indicates declining standard of living is nonsense.