Yes, the problem with the American economy is that the middle class is unable to acquire enough debt
Sounds pretty ed up, but' that's pretty much it.
In case you haven't noticed, everybody but the top 10% is already drowning in a sea of debt. Capital needs to be more readily available to most people, but an endless cycle of crippling debt will not help anybody. We need a more equitable distribution of wealth.
Correct, memphis. Transfer of wealth to the thieving class (owners) has reached the point of totally undermining consumption. We need to mandate a very high minimum wage (I say $15/hour), and enforce unionization of all industries. Coupled with this we need a generous dole. All paid for by confiscatory taxes on anyone receiving more than 200,000/year (and higher rates from 100-200K).
Problem solved.