Debt is a big problem for Americans. Almost 40% of Americans have some kind of credit card debt, and an average household carries anywhere from $7,000 to $15,000 in credit card debt at any given time. Some people say that the credit card companies' unethical actions
are to blame. These companies bombard people with offers for available credit, reel them in, and then, due to interest and finance charges,
individuals are "on the hook" for years trying to pay off their debts. Other people say that those who are in debt are to blame. It's everyone's
responsibility to manage her/his own finances wisely and not to charge purchases that can't be paid off. What do you think?