Sunday, August 16, 2015

2015-08-14 US: A share-croppers class has been established

2015-08-14 US: A share-croppers class has been established
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Where a solid middle-class used to exist... now a class of share-croppers for the banks.
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Americans Have $11.85 Trillion in Household Debt. How Did We Get Here?...
Tracy Loeffelholz Dunn and Heidi Bruce, YES! Magazine: Household debt is now $11.85 trillion, and it has more to do with stagnant wages than unnecessary spending. In past decades, the more the top 10 percent prospered, the more the bottom 90 percent borrowed. Now, we're borrowing more for things income used to cover.
Read the Graphic

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Think it's all due to unnecessary spending? Think again.
truth-out.org|By Tracy Loeffelholz Dunn and Heidi Bruce

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