It seems unfair to require a person to prove his or her financial responsibility by forcing that person to incur debt, however temporary.

FORBES: Can You Live A Debt-Free Life?

He worries about the compromises that come with giving away ownership and the risks involved when companies incur a lot of debt just to grow.

FORBES: Not So Fast: Stories of Smart, Moderated Business Growth

So, if the sentiment is one of growth and expansion, then there is a desire among the public to incur debt in order to expand and grow their businesses.

FORBES: QE3: You May Not Get What You Are Expecting

Under the new rules, pre-approval offers by mail to anyone under 25 is no longer allowed, students--and anyone else under the age of 21--must prove they have sufficient income to pay off credit card debt they incur, have a parent or family member co-sign their credit card contract or be added as an authorized user on a parent's credit card rather than opening their own.

WSJ: Students Still Targets of Credit-Card Offers

Much of our GDP is a function of amounts already owed and additional debt we expect to incur.

FORBES: Fiscal Cliff Deferred, Tax Legislation Is only Part of the Equation