The Debt Threat | Talking Points Memo

The Center for American Progress issued a grim report yesterday showing that household debt grew by a staggering 33% in just three years from 2001 to 2004. In 2001, debt stood at a shocking 78.1% of income. Today those numbers look small. In three years, debt reached a 108.4% of household income.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1250053