US household debt surged to a record high recently
Posted: Sun May 03, 2026 9:40 am
US household debt surged to a record high recently, driven by mortgage and credit card debt.
Add that to stubborn inflation!Starting salaries for new grads have been trending down in real terms adjusted for rising costs.
It’s no surprise Americans are taking multiple jobs just to have breathing space.
Add that to stubborn inflation!Starting salaries for new grads have been trending down in real terms adjusted for rising costs.It’s no surprise Americans are taking multiple jobs just to have breathing space.