Detailed text transcripts for TV channel - MSNBC - 20130203:14:29:00
That graduated to see what they owed. i saw numbers as high@as $80,000. this is a drain on our future. that starts inequality, but cause is inequality to be -- >> it's also the burden of that because you can't discharge even bankruptcy. >> exactly. >> but there's this broader question about indebtedness of the american consumer, right? which is one of the things -- one of the reasons that you have this reduced consumption and slow growth in the wake of the financial crisis, right, is that you have to go through the process of deleveraging, right? and deleveraging is a big part of what we've ha...