Coin by Coin

Barbara Dafoe Whitehead of the American Interest has written an excellent article entitled: A Nation in Debt: How we killed thrift, enthroned loan sharks and undermined American prosperity. More than the usual panic about the amount of debt in the US, the article covers how the old American ideals of saving and thrift fell [...]

On Point’s most recent show covered the increase of American’s debt and decline of thriftiness since the start of the nation.  From the show’s description:
Once upon a time, America was famous for its thrift — for local banks and credit unions and savers’ clubs that encouraged everyone - even the little guy and gal - [...]