eternitus

Don't Worry About Consumer Debt

3% of income is a sizable percentage change (though not alarming) at any rate and I think you would get a very different result if you excluded the top 10% (or even better 20%) of income earning households. Income in these cohorts expanded the most on percentage terms over the timeframe shown and these households tend to hold less debt.

So, this chart excluding the top 10% or top 20% of earners is what I would like to see... probably somewhat more alarming.