Merry debt-fueled Christmas, America!

According to a recent NerdWallet study, nearly 40 million Americans are still struggling to pay off credit-card debts from last Christmas.

Here’s what’s worse: NerdWallet finds that this Christmas, “American consumers plan to spend more, charge more to credit, and take a longer time to pay it all off.”

Good grief!

The grand irony is that the gifts we go in hock to give our kids and each other are often forgotten before the debt is paid of...