Tuesday, July 22, 2008

Credit where it's due

David Brooks writes the rare non-awful column.

via.

1 comment:

odograph said...

I agree. He's getting beat up in some quarters, but the culture of debt is real.

One factoid I've dropped elsewhere:

"Plenty of people are already borrowing from their 401(k) retirement accounts. The most recent industry surveys show that about 20 to 25 percent of eligible employees have outstanding loans."


http://www.nytimes.com/2008/07/05/business/yourmoney/05money.html