> However, for many other people, I think a huge part of the problem is consumer...

milkytron on Feb 17, 2022 | parent | context | favorite | on: Despite rising wages, 61% of Americans are still l...

> However, for many other people, I think a huge part of the problem is consumerism coupled with borrowing.

I think this is a large part of the problem as well. I see so many people taking out large and lengthy auto loans on a new car as soon as they graduate college.