I have read that the limit has been raised 75 times since 1962. Do I have that right?
Think about the analogy to an individual or a family:
Credit card limit gradually going up over the course of 48 years? No problem. Understandable, even. A sign of increasing affluence and need for liquidity.
But being maxed out after all that time and needing a boost in limit just to keep afloat?
As an adult? Not impressive. When was the last time we payed the bloody thing off?
