Advertisement
Advertisement
Aug 1, 2014
Small u 201701251612
35% of Americans have debts and unpaid bills that have been reported to collections agencies, according to a study by the urban institute. (Man: Ms. Myerson?) There's a recovery...sort of. Why are so many people in debt trouble? The cause is low and stagnant wages. (Man: I know why you're calling. Save your breath... I'm too broke to pay!) But it's not all bad news, the collections industry is growing. They employ a whopping 140,000 workers... (Man: What time today can I expect you to put your payment of $831.52 in the mail, Ms. Myerson?) ...who work for low and stagnant wages. (Woman: You're talking to me.)
Aug 6, 2014
Small u 201701251612

More From Ted Rall

Advertisement