Families drowning in the consumer debt, further adding it to their financial insecurities:

Employment levels are once again reaching for the highs like back in the late 1990s. Still, families are borrowing increasing and massive amounts of consumer debt that includes auto loans, credit cards, and student debt.

This burden of debt automatically comes with the labor market recovery that has been extremely slow for a greater part of the past decade, while the costs for the basic necessities for life suc as education and healt....