Category Archives: Consumer Debt

Thrifty Americans

Since 2008, American household debt has fallen $1.1 Trillion.  Great news! Unfortunately the fine print reveals that only one-third of that is due to responsible people paying down what they owe. The other two-thirds ($695,000,000,000) is due to banks writing … Continue reading

Posted in Consumer Debt, Entitlements, Government Debt, Medicare, Politics, Social Science, Sociology | Tagged , , , | 1 Comment