Decisions like the Suleman's have greatly contributed to our economic problems. I find it frustrating that someone could continue to be so careless with their finances. Her decision to have a family of 14 is certainly questionable, buying a home that she cannot afford would be incredibly irresponsible. While she is an extreme example, I hope that people who have made decisions like hers, or are contemplating them, will remember the impact that they will have on the nation's economy.
Thursday, February 19, 2009
Another Susie American
Nadya Suleman (aka Octo-mom) has been receiving a lot of media attention recently. Her decision to give birth to 8 children, when she already had 6 other young children, has sparked a lot of debate. Today the babies were not the cause of the media attention, instead Suleman has expressed interest in purchasing a 1.2 million dollar home. This seems very unwise, seeing as that she is currently unemployed and living on food stamps, and this is not likely to change due to the fact that she needs time to raise her large and very young family. Nadya Suleman lives with her mother Angela, who hasn't paid the mortage in 10 months, she owes over $20,000 in back payments.
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1 comment:
Nice post!
When I watched Nadya Suleman on the news last week, I was shocked to discover that she actually purposefully had the 8 kids, even after struggling to take care of 6. Similar to Susie American, who borrowed a loan from the bank, Suleman was seen asking others to financially help buy her house and take care of her babies. You are right, people like this are contributing to this country's poor economy because once Suleman cannot afford to pay back those who helped her because she is unemployed, the people she borrowed money from will also lose money, and it forms the viscous cycle that we discussed in class. People should really become more aware of their decisions, because they could end up effecting the rest of the country.
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