Unemployed auto and steel workers picket in front of the White House on Aug. 4, 1982.
“It hurts more to be unemployed now than the last time the jobless rate hit 10 percent. Americans have more than triple the debt they had in 1982, and less than half the savings. They spend 10 weeks longer off the job. And a bigger share of them have no health insurance, leaving them one medical emergency away from financial ruin.” http://www.spokesman.com/stories/2009/nov/10/joblessness-hits-harder/
Triple the debt? Wow! Any thoughts as to why that is?