1 in 3 U.S. adults have 'debt in collections'

[Tom Joad]

I can remember back when I was a kid in the 50's there was no such thing as credit cards. Maybe a handful of country club types in New York had them, but where I was they were unheard of. My old man always had at least $100 bucks in his wallet. It may have been every dime the family had, but he had it in cash. $100 bucks in 1955 is equivalent to $889 today. Back then it was not unusual for a dude to have that much cash on him because you paid cash for everything.

We need to get back to that. If I were dictator I would immediately make it illegal to pay for anything under $100 in a face to face transaction with plastic.

It really pisses me off to be behind someone in line at the checkout that is paying some piddling $2.86 charge with plastic. For Christ sake carry some goddamned cash on you. You can go broke paying with cash, but you can't go into debt.