Apr 30 2013

Where have all the workers gone? The real truth behind the drop in the labor participation rate.

One of the common views regarding the labor participation rate declining is that many baby boomers are retiring and leaving the work force.  Unfortunately many are finding that retirement is a myth when you are broke and many will be working deep into their later years.  So when we examine the numbers we actually find […]

Apr 27 2013

United States of Food Stamps: Food stamp usage has grown by 30,000,000 people since 2000. The economics of a food stamp recovery.

I was working through a few pages of Excel data regarding food stamp usage and a troubling milestone has now been breached.  Since 2000, we have now added over 30,000,000 Americans to the food stamp program now labeled SNAP.  What is even more difficult to understand is this number has moved up nearly unabated since […]

Apr 25 2013

The incredibly uneven recovery: Net worth of bottom 93 percent declines by $0.6 trillion while top 7 percent net worth increases by $5.6 trillion. Why? Most Americans don’t own a sizable amount of stocks and bonds.

One unique signature of this economic recovery is how narrow it is.  When we look at actual wealth, the net worth figures of Americans, we see some dismal numbers.  In fact, what we find really isn’t a recovery at all if we look at 93 percent of the country.  Then again, with most of Congress […]

TAGS: ,
Apr 22 2013

Reinventing GDP: US GDP to be revised in July by adding “intangibles” to the tune of $500 billion. The make believe economy.

The US debt-to-GDP ratio is now quickly reaching insurmountable levels.  It is interesting that a paper citing this issue is now being openly discredited as if this is reason enough to put on the rocket boosters of quantitative easing.  Japan has gone so far off the deep end that they are now intervening in their […]

Apr 19 2013

US households are tapped out on debt: While US households are forced to eat austerity measures financial institutions load up on debt and purchase assets at rock bottom prices.

US households are tapped out with debt.  Debt matters.  Contrary to what is being spouted out over the airwaves having too much debt does cause problems.  American households tipped over this point when total household debt reached annual GDP.  This is a critical juncture and results in massive deleveraging.  There doesn’t seem to be answer […]

Page 1 of 3123

Categories