[jb6]

In that time, our median income and standard of living have done nothing but increase.

Most of that increase is built upon unsustainable debt spending, as credit card debt and bankruptcies have been rising in parallel with that "increase".

[Mase]

Most of that increase is built upon unsustainable debt spending, as credit card debt and bankruptcies have been rising in parallel with that "increase".

Then put that MBA to use and tell us how it is then that our household net worth is $51 trillion, which is double what it was just a decade ago.

Federal Reserve: Flow of Funds (Page 110)