Young Americans with little credit history or experience continue to get unsolicited credit card offers in the mail each day.
Older Americans are turning to plastic to pay older bills (Robbing Peter to pay Paul).
We Americans continue to consume because our public schools and absentee parents never taught us about the power of cash in ones pocket.
Our televisions, movies and magazines have taught us well, however: "Buy, buy and buy some more!!"
Disclosure: Long Common Sense