Detailed text transcripts for TV channel - MSNBC - 20121117:13:44:00
Rhetoric about our federal deficit. trumka's lament says something about the debt obsession, it has obscured also another much more dire debt crisis in america, one that continues to suppress economic growth and cause mass suffering for millions of american. that's the overhang of household debt. americans remain massively overleveraged with more than $11 trillion in household debt. most of which is mortgage debt. there seems s ts to be no poli will to deal with this, which is why a new plan by organizers associated with occupy wall street is so fascinating. the offshoot called strike debt is ...
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