Soaring U.S. Debt & Class Struggle
The Socialist Program with Brian Becker
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The Burden of Consumer Debt
This chapter examines the escalating consumer debt crisis in the U.S., particularly among working-class families, highlighting the impact of credit card debt and loan delinquencies. It critiques the mainstream media's portrayal of debt, emphasizing the systemic issues caused by inadequate wages and the disparity in access to financial resources between the wealthy and lower-income individuals.
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