The religious right is the USA has taken on the debt battle to get the people debt free. Everyone should pay cash ! This is a force in the USA which is still growing ! It is an extreme reaction which appears on the surface as great for the average person in heavy debt but not your average US economy. So does the recession continue into a death spiral? Trying to fix bad consumer debt behavior during an economic depression is likely not as good an idea as is being preached here. Where were they during the good times ? I guess that people did not want to listen about taking on too much debt when the economy was booming !?
Rev Joyce Meyer is one of many who has taken on the debt challenge. She is no light weight as you can see from her bio above. It is worth the listen to appreciate the delivery of her messages. One liners like ”Everyone want’s to keep up with the Jones’, but they are broke !”
So why are they preaching austerity when they should be preaching for a Debt Jubilee ?!