That is nothing new though - Americans spend money and take credit like its growing. Its always been the way in my 15 years here.Nope not in recession , just living well above their needs .
Like just how much debt is the average US family deep into.
Household income growth has mostly caught up with the cost of living — except when it comes to medical costs. That's one reason parenthood has become such a big driver of debt.www.nerdwallet.com
$13 trillion in debt for the country.
Any idiot can get a credit card , then pay it off with another and replete .
It’s a false economy .