The Seeds of Revolt: American Families Owe Trillions of Dollars in Debt They Can’t Pay Off

Thursday, May 19, 2016
By Paul Martin

by JOHN HAYWARD
BreitBart.com
18 May 2016

Perhaps one reason so many American voters tolerate a government drowning in red ink is that the citizens are carrying huge amounts of debt themselves.

Slate took a look at household debt recently, and found that it “remains higher than it was for almost all of postwar history,” despite a significant improvement since the end of the last recession.

Our loads of both mortgage and non-mortgage debt began creeping up in late 2012, and of course student loan debt is blasting into the stratosphere:

The Rest…HERE

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