One brutal sentence captures what a disaster money in America has become

[Honeycombe8]

9. This is very bad. Has there been a study to show exactly why?

I assume it's low wages + debt. But I'd like to see a study that pinpoints the reasons.

Are people working in different fields because the good manufacturing jobs are gone? Have wages for particular fields not kept up with inflation? Are they in debt? What is the debt for? Are more people single than in the past? (I think being single translates into less wealth; at least it has for me.)

That would be an interesting study.