According to MSN, the average American household has about $8,000 of credit card debt. While the production values are basic, spend some time with Megan McArdle, author of the blog Asymmetrical Information, as she discusses the historic thread of debt in America and endures The Economist's proposterous set-up of tea. (Come on guys, love the mag, but this tea thing...that's what editing is for.)
Megan McArdle on Debt
Also, Bill Moyers looked at the business of poverty in the August 8 edition of his PBS series. They don't have embed codes up yet but you can watch that clip here.
-C-
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