Trillion Dollar Debt!

Why are we in a recession? It because of credit! Credit debt is in the trillions. It increases so much that every minute the total rises by thousands. So why the recession. In our great depression that we fell into was because of credit. People were borrowing money and they weren't able to pay it back. You know the term "History repeats itself." Well it looks like it's happening again. Many people have substantial credit card debt and are unable to pay it off. The reason we slipped into this recession was because of the housing situation. When people were borrowing money from banks and were unable to pay it back. Foreclosures occurred and with the delicate balance that we have. It left the economy unstable. How do we get out of this recession. Is it trough our leaders, president, governors, local politicians? Simple, we create jobs and then spark the economy but first and foremost we have to get out of this war. Recession, yea, but we put ourselves in that situation.