29 Sep 2020
Why freeing American households and businesses from crippling private debt would be a boon to the economy.
By Richard Vague
We were drowning in debt before the COVID-19 crisis, and now we are deluged in it.
“Total debt” is the sum of public (government) and private-sector debt—and private-sector debt is comprised of business and household debt: for example, student loans, mortgage...