By the end of the year, Americans will see their personal debt burden on the increase.
We’ve seen this happen before: debt-fueled recessions in 2008 and 2009, and the Great Recession of 2009-10.
The economy has recovered, but not without the burden of debt growing.
And the American people are now looking to take on the burden themselves.
And, as they’re looking to get rid of debt, they’re also looking to start paying it off.
This article first appeared on the American Conservative and was republished with permission.
This story was originally published at The American Conservatives.
