So, what does all of this mean for the holiday shopping?
5 comments:
Anonymous
said...
now that people cant use credit cards that much i think it will help our economy because now they cant go that far in debt. i think the companies are being smarter by being more selective on who they let have cards. although it will hurt the stores because now people wont buy as much and the things they do buy wont cost as much as it has in the past.
this sucks! how are people suppose to buy stuff if they cant use credit cards? they cant expect us to have that much money expecially around Christmas. they need to quit being so strict and let us use credit cards. if we cant use credit cards then we wont be able to buy as much and thats just going to hurt our economy a lot :(
i think that this is a good thing mainly because credit cards is what got us into this mess. people take chances on buying things they cannot afford but now they have to maintain and watch their budget.
This would be a good thing for our economy, because people get themselves into so much trouble with credit cards, because they impulsively buy things that they know they cant pay for. This would save the individual so much trouble and debt.
I think we should completly do away with credit cards. They are the reason our country's economy is so poor right now. Maybe if they were gone things will get better, and everything wont be so expensive, then credit wouldn't even be needed.
Hi, my name is Lisa Rowland and I teach JA Economics and AP Economics. My email is lrowland@middletowncityschools.com. My AP blogspot is http://rownomics.blogspot.com Students are expected to read a minimum of one article a week and either post one comment online, or turn in a hard copy of their comments in class. My hope is that students will learn more about economics and gain more interest in the subject by reading and writing their thoughts on current events. The site clustrmap shows visitors from all around the globe, please email and let us know what you think of our site.
5 comments:
now that people cant use credit cards that much i think it will help our economy because now they cant go that far in debt. i think the companies are being smarter by being more selective on who they let have cards. although it will hurt the stores because now people wont buy as much and the things they do buy wont cost as much as it has in the past.
this sucks! how are people suppose to buy stuff if they cant use credit cards? they cant expect us to have that much money expecially around Christmas. they need to quit being so strict and let us use credit cards. if we cant use credit cards then we wont be able to buy as much and thats just going to hurt our economy a lot :(
i think that this is a good thing mainly because credit cards is what got us into this mess. people take chances on buying things they cannot afford but now they have to maintain and watch their budget.
This would be a good thing for our economy, because people get themselves into so much trouble with credit cards, because they impulsively buy things that they know they cant pay for. This would save the individual so much trouble and debt.
I think we should completly do away with credit cards. They are the reason our country's economy is so poor right now. Maybe if they were gone things will get better, and everything wont be so expensive, then credit wouldn't even be needed.
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