CreditCardAssist.com Breaks Down Government Spending by “Putting the National Debt on a Credit Card”
One of the leading credit card information resources on the internet, Credit Card Assist, wants America to have a tangible idea of what our nation’s debt crisis is all about.
Los Angeles, CA, June 01, 2011 — One of the leading credit card information resources on the internet, Credit Card Assist, wants America to have a tangible idea of what our nation’s debt crisis is all about. So they took one credit card and an afternoon at Walmart to spend like Uncle Sam spends—except instead of putting trillions toward defense, they spent dollars on toy soldiers. This groundbreaking experiment, “Putting the National Debt on a Credit Card,” is all part of an effort to show consumers what the fruit of our government’s credit-fueled spending spree really looks like.
Although the news is filled with reports about our $1.27 trillion debt to Chinese banks, it’s still a complicated issue that can be hard for the general public to comprehend. So Credit Card Assist set out to recreate government debt spending, on a smaller scale. They lopped off a few zeros, setting their debt ceiling at $127.00, and went shopping with a low interest credit card. The result? Medicare spent $6.00 on Preparation H. Social Security charged up some Ensure and a pack of Depends. And the Department of Defense? They bought a whopping $23 worth of Nerf missiles.
“The recent recession has taught consumers to become more responsible with their credit,” says Bill Hazelton, founder of CreditCardAssist.com. “But with our national debt soaring, the government obviously still needs to learn that lesson.”
“Putting the National Debt on a Credit Card” certainly doesn’t pull any punches in the humor department. But it also offers a surprisingly accessible way to visualize just where all our tax dollars are going and what’s putting us in debt—albeit through the power of toys and adult diapers. As a longtime trusted resource and advocate for credit card users, Credit Card Assist felt a responsibility to break down the debt crisis in a way that the average consumer could readily grasp.
So the next time the media gripes about government funds going to Planned Parenthood, consumers will know that the organization barely gets enough to buy half a Trojan—and they’ll have Credit Card Assist to thank for that unique perspective.
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About Credit Card Assist
Credit Card Assist is a leading guide to the best credit card and debit card offers available, including balance transfer and cash back credit cards. The company advises consumers on smart credit decisions, such as how to manage credit wisely, and how to choose the best credit card. Visit us on the web at www.creditcardassist.com.
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