Up to Our Eyeballs

Download or read book Up to Our Eyeballs written by José García and published by . This book was released on 2008 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the increasingly volatile American economy, where close to 800 billion dollars is owed in credit card debt and where there has been a steady decline in work-related benefits like health insurance and pensions, consumer debt has become a fact of life. Credit cards are the new safety net being used by desperate middle and low income families to manage essential expenses such as groceries and medical bills. Here is a troubling examination of the causes and consequences of the explosive rise in American consumer debt.