Christine Collins
English 2000-Sec. 30
20 September 2012
Credit Cards: The dispose High Pile of Debt
In 2011, the United States Census place determined that there were nearly two billion quotation accounts in use in the U.S.- putting it into perspective, a stack of all those creed cards would reach much(prenominal) than seventy miles into space! This stack of plastic cards stands for more than 800 billion dollars of the total U.S. consumer debt (Federal Reserve G.19 2011), causing most Americans to collide with drastic new approaches to their credit spending habits. U.S. News & adenine; World Report writer Kimberly Palmer examines this current economic channel of credit card usage in a publishing, The conclusion of Credit Card Consumerism. While this article presents worthy problems of credit card usage and the beneficial solutions of becoming more economic minded, the writer doesnt take into account counter objection questions that causes her writing to take a one-sided approach.
Writing on the behalf of an accredited publication such as U.S. News & international ampere; World Report, offers a tremendous amount of credibility to the professionalism in Palmers writing.
Even in accredited publications, there are a lot unchecked & misleading statistics published in monetary reporting; Kimberly presents her facts with citations from credible professionals and monetary firms in the credit card industry. Using a quote from an Merrill Lynch economist describing how we penury to go through the process of bringing our insufficiencys and needs into realignment(Philips -Bostian 470) expresses the writers credibility by showing Palmers cares for the well being of the reader by persuading them to become more economic minded with their finances. Aside from the financial professionals she used to persuade readers to reduce their consumer spending, there was a nest egg example on how magazines play up celebrity moms, desire Posh Spice and Heidi Klum, shopping at Target for their kids(Philips-Bostian 471). This...If you want to get a full essay, order it on our website: Orderessay
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