A new study shows that the percentage of families with more debt than savings is higher now than at any point since 1962 while a median American family’s net worth is lower than it has been in nearly 25 years. RJ Eskow discusses this.

Richard Eskow is host and managing editor of The Zero Hour, a weekly radio program produced by We Act Radio. He was the senior writer and editor for the Bernie Sanders presidential campaign. Richard has written for a number of print and online publications, was a founding contributor to the Huffington Post, and is a longtime activist. He is also a Senior Fellow with the Campaign for America’s Future.