Americans Are Falling Behind on Debt as Inflation Eats Into Paychecks

Podcast: The Financial Exchange Show · The Financial Exchange Network

Opublikowano: 2026-10-19

More Americans are struggling to keep up with debt payments as higher interest rates and persistent inflation eat into household budgets. Nearly one in five borrowers has fallen behind on a payment, yet consumer spending remains strong, raising questions about how long the economy can maintain that balance. Chuck Zodda and Mike Armstrong discuss why debt payments are consuming a growing share of household income, how Social Security's 3.6% cost-of-living adjustment can help protect retirees from inflation, and why gasoline prices, grocery bills, and mortgage rates are shaping Americans' views of the economy ahead of the midterm elections. They...