100%

Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Share

Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

The University of Michigan Library provides access to these materials for educational and research purposes. These materials may be under copyright. If you decide to use any of these materials, you are responsible for making your own legal assessment and securing any necessary permission. If you have questions about the collection, please contact the Bentley Historical Library at bentley.ref@umich.edu

May 14, 1989 - Image 19

Resource type:
Text
Publication:
Michigan Citizen, 1989-05-14

Disclaimer: Computer generated plain text may have errors. Read more about this.

than a form of slow financial
suicide.
JCeclIaceY
No one knows eUctIy en
but the Americm addiction to
debt is coming to an end. The
current situation canno con­
tinue. In the long run it will ruin
the nation. Kic your addiction
no .
The best ay to reduce your
deb burden is to increase your
income and use part of the in-:
crease to reduce your deb For­
get bout debt-reduction loans.
You cannot borrow your way
out of debt. Such borrowing
gives temporary relief but all
you have actually .done is put
yourself deeper into future debt
in order to payoff curre t debt,
Remember, the mos busi­
nes -Iike reason to borrow
money· when you (2Il use t
you "b9rrowed in order to
generate more than you bo -
rowed. And means borrow-
iDs to or to in-
.. t
ri
S 01 (tOY
U <>.lly a relatr�ly small
number of . in A . ca pay
ugh for a person to become
flD n . Uy secure. Produ .
additio I ineo may mean
getting apart _. job, in.YCSltm2
your savings or just selling fried
chicken dinners 0 Saturdays.
The int i that you must set
down and ask yourself "What
can I do to bring dditional in­
come in 0 my life?" Decide
so thing ad then do it!
Well ... Clllclld •• U • AcoordiDg to a
)VaD Street Joumal,
Black female. orkin cia is catchiD up
economically to BJack IDen t a much quicker rate
that . e men to . e meG. The report, ..
1987 sta·· revealed the majority of .
BI female r en earned 76% of t Black
men made, com ed to 49% ill 1960. By COD-
trast, lari earned by white n on the
ver just 52% of that of their counter-
parts. What' more, the ver paycbCcb of
B n equaled 94% of their white
couaterparts de, while earned oa.ly
�thir as m ch. the �dy aka Doted that

Back to Top

© 2025 Regents of the University of Michigan