What is phantom debt and why is it a problem?

Chuck Zodda and Mike Armstrong discuss why the nation's top economists are short-term happy, but long-term glum. Americans are racking up more 'phantom debt', why is this a big problem? How to lower your tax bill with the charitable-donation deduction. Offices around America hit a new vacancy record. Animal shelters are running out of space due to strays and dropoffs. Elon Musk is the target of a hit piece focused on his supposed illegal drug use.