Paying off credit card debt has nothing to do with the strength of the economy.

The reason people run up debt in the first place is because they are living above their means. They carelessly throw away money just to have the image of appearing like they have more money than they actually have.

Examples are owning a house bigger than they actually need or can really afford. Buying new cars every couple years. Owning ridiculously over priced phones and computers made by Apple just because they see there products in movies and TV shows.

With the popularity of Fakebook this problem has become even worse because now everyone is out to try and impress everyone else and trying to show the world just how great their lives are no matter how much in shambles their lives really are.