America’s Expanding Debt Footprint (And What It Really Means)
PYMNTS
JUNE 26, 2018
Debt, Kapfidze noted, is up over a trillion dollars in the last decade, as the market has recovered and shot past its previous highs. But, he added, while those debt numbers get a lot of play, it is also worth noting that personal income has gone up $5 trillion in the same amount of time — or $4 trillion after taxes.
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