The Consumer Debt Overhang in America is Getting Worse

The Consumer Debt Overhang in America is Getting Worse

By Bloomberg

Jobless claims rose in the week of August 11th from the prior week. But forecast risk is downward, as the economy accelerates and the labor market continues to tighten. This week on A Closer Look, Eugene Ludwig discusses GDP and employment numbers and how to assess the real economy for most people. 

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