Jan 31 2013

Are we reaching a tipping point in the stock market? 4 million fewer jobs from peak but corporate profits at record levels. Consumer confidence dips yet stocks keep moving up.

As the Dow flirted with 14,000 and the S&P 500 hit 1,500 the typical American is losing their confidence and also reflects a stock market that diverges from the interests of the Americans worker.  Given that many of the S&P 500 companies earn a sizable portion of their profits abroad, it is hard to see […]

TAGS:
Jan 29 2013

Inflation unchained: US dollar down 23 percent from 2000, Tuition up 72 percent, and home values up 44 percent. Incomes adjusting for inflation are back to 1990s levels.

It is hard to believe that people in the US are still denying the obvious impact of inflation.  The slow erosion of purchasing power has occurred for many decades now.  What people tend to forget in a completely fiat based system is that the Fed can print as much money as it likes.  And they […]

Jan 26 2013

Can you live in California on a $60,000 a year household income? Living the middle class lifestyle in California on $60,000 a year.

Can you live comfortably in California making $60,000 a year?  It really depends on what you define as comfortably.  We should note that the median household income in the US is $50,000 and in California it isn’t much higher.  California gets a notorious rap of being an expensive state but this is if the entire […]

Jan 24 2013

What does Detroit say about the working class in the US? City has lost over 25 percent of its population since 2000. People take scrap metal from old buildings to export to China.

One of the biggest examples of the US eroding its working class is through the example of Detroit.  The city of Detroit has lost a stunning 25 percent of its population between 2000 and 2010.  Poverty is rampant with 3 out of 5 kids living below the poverty line.  It is a startling revelation of […]

Jan 22 2013

Are we missing critical inflation data with the CPI? How the government over time has altered the CPI to under report inflation.

Most Americans realize that their standard of living has decreased.  Many realize today that their dollars do not go as far as they once did.  We try to reflect this data via the Consumer Price Index but over the last few decades, this index has been adjusted to suit the needs of those producing the […]

Page 1 of 3123

Categories