Is America Drowning in Debt?

Last year, the United States' personal savings rate was -0.5%, the first time that it has been negative since the depression era. In a recent broadcast of To the Point, a daily national news radio program co-produced by KCRW Los Angeles and Public Radio International, host Sara Terry discussed the growing American consumer debt with guests Tony Proctor, CFP and president of Proctor Financial; Robert Manning, author of Credit Card Nation; Chris Thornberg, senior economist at UCLA Anderson Forecast; and Shira Boss, financial journalist and author of Green with Envy.

Listen to the show: "Drowning in Debt" on To the Point (3/8/06)

Posted on March 10, 2006 | | Comments (0)

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