Economics

U.S. Economy Buoyed by Consumers Accommodating Lower Deficit

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Anita Bullock-Morley was $57,000 in debt on 27 credit cards and close to filing for bankruptcy in

2007. With help from an Atlanta counseling service, the 37-year-old says she paid about $1,400 a month and cleared her balances. Now she’s used cash to buy an $800 iPad and upgrade her iPhone.