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In fact, it is so common for people to drive back up the balances on their credit cards that the industry even has a term for that: reload.

I'd venture that we all know some folks that have multiple "reloads". Hell, I've done it myself before I adopted a LBYM way of life.

Despite the best of intent, I just dug myself back in after consolidating my CC debt. Finding myself again mired in a high CC balance was the awakening I needed to dig out and stay out.

And real income for the vast majority of Americans (not averaging using increased incomes of CEOs, etc.) has seen little increase over the last 30 years, most of that during a spurt in the late '90s.

This coincides with the migration towards the prevalence of dual-income households. Nowhere else to go now - short of child labor. Thus my concern that there is a potential cascade to be released if employment doesn't expand fast enough.
I doubt that there's a way to reverse the mindset that indebtedness is just a way of life for middle America.
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