US Families Behind on Bills at 2008 Recession Rate — SkimNews
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- US families are behind on bills at a rate not seen since the Great Recession of 2008, according to The Independent's reporting.
- Inflation is squeezing more Americans into falling behind on debt payments, per CBS News' parallel coverage of the same trend.
Why it matters: If household delinquencies are back to 2008-era levels while headline inflation has cooled, it suggests the cost-of-living squeeze is still hitting working families' cash flow even as broader economic indicators improve — meaning the pain is concentrated where bills are due, not where macro stats are measured.
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