resigned
ashamed
frustrated

but I believe his assessment is accurate.  Credit card consumer debt is a reflection of our nation's refusal to be financially responsible.  Our national debt is staggering.

I wonder what would happen if the world's economies adopted the Bible's concept of a Year of Jubilee in which all debts are erased?  We'd all be in a much healthier place, even nations like China who have enormous trade surpluses.

It does no good to have the greatest economy on earth if the rest of the planet is ill and dying.  We're one body, many parts, economically and spiritually.