8. When Is Being in Debt a Good Thing?

Which of the two scenes presented as follows best exemplifies the gold standard by which American families should run their finances and fulfill their pursuit of happiness while also best promoting their good standing as responsible members of society? In both scenes, the families are of slightly above average income, are educated, have good credit histories, and have favorable income prospects.

Scene One:

It is a sunny Friday morning in April 1981 on Main Street in Anywhere, USA. Birds are chirping, and they are whizzing about as a newly married couple, aged 28, spring from their compact cars and like magnets are quickly joined at the hip and shoulder, their hands clasping together with a firmness and sense ...

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