The worlds easiest economics test
Option 1. I realize I maxed out my credit card, that I am just barely making the minimum monthly interest payments, adding 5-10% new debt annually and don’t have the income prospects to ever pay down this debt, but hey, I need another extension on my credit line to prove I am credit worthy so I can keep borrowing and spending.
Option 2. Damn, I am spending way too much money compared to what I earn and have racked up a lot of debt. If I don’t get control of my spending soon and pay off some of these bills, not only won’t I be able to get more loans, I could be in bankruptcy. The economy sucks so my income is likely to be flat for a while. I better stop picking up the tab for everyone else and prioritize my personal spending.
Option 1 – Obama
Option 2 – Tea Party