Oct 29 2014

Is going to college worth it? College tuition has increased at a faster rate than housing, energy, food, and medical care costs over the last decade.

For an entire generation it was an easy question to answer.  Is college worth it?  Absolutely.  There was little debate regarding the “worth” of a college education.  Of course this question was usually asked during more affordable times and not when $1.2 trillion in student debt was out sloshing about in the economy.  I think […]

Oct 26 2014

Working for peanuts: Half of American workers earn less than $28,031 per year and household income now back to levels last seen two decades ago.

Every fall, two pieces of data are released reflecting the earning potential of American families and workers.  The low wage economy has certainly taken a toll on how much Americans earn.  Social Security data was recently released and shows that 50 percent of the country earns less than $28,031.  This is the per capita wage.  […]

Oct 20 2014

One-third of working Americans support two-thirds of the population: The hidden figures of those not in the labor force and transfer payments.

There still seems to be little acknowledgement of the massive army of people now falling into the category labeled as not in the labor force. Some of this growth is predictable like many older Americans hitting retirement age. But this only explains a small portion of the change since many older Americans are needing to […]

Oct 17 2014

How Americans go poor by spending money on housing and related expenses: Americans spend 33 percent of their income on housing-related items.

People tend to think that buying a home means only paying principal and interest.  Most conveniently forget the other myriad of expenses associated with being a homeowner.  As Americans find less disposable income in their bank account each month, less Americans are becoming homeowners.  The middle class is moving away from the American dream because […]

Oct 15 2014

The stock market correction has arrived: Massive global volatility, central bank wizardry, geo-political instability, and people finally realizing how overvalued the market has become.

The stock market is finally reflecting the true nature of the global economy. There is massive geo-political instability, central bank double-speak, and a growing trend of low wage labor. In the US, it is no surprise that subprime auto debt has grown at an outstanding pace simply because people are too broke to finance a […]

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