"Tight Consumer Credit Poses Obstacle
Full essay here. The accompanying chart looks like this:
"Among the factors cited for the decline in consumer
credit are the continued de-leveraging by creditworthy
borrowers and the denial of credit to less qualified
borrowers, including many who remain unemployed or
Only in baby-boom America would paying off debt be considered
an impediment to a healthy economy. Only in "entitled" America
would denial of credit to those who might be challenged to pay
the loan back be considered an "obstacle".
How about changing the headline to:
"National debt levels are shrinking,
creating strong and sustainable
foundation for economic recovery
Go ahead, call me a dreamer.