Totally Spent. I found a very well written opinion article by a UC Berkeley Professor. If interested read it. If you can't call it up any other way it it is called like my blog article: "Totally Spent" in the New York Times Opinion section.
http://www.nytimes.com/2008/02/13/opinion/13reich.html
In the article he mentions that an average income for a man in the US is now 12% less adjusted for inflation than it was 30 years ago and that as American incomes depleted in real value over the years people have gone into debt to maintain their lifestyles and with the housing market crash most people's real lives are going into a real decline as to what lifestyle they can maintain except for the extremely rich in our country.
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