Jun 30 2016

The math on income inequality: Average annual income of the top 1% is $1,153,293 while that of the bottom 99% is $45,567.

Part of the challenge with distorted income distributions is that it hollows out the middle class.  The middle class in the United States is now a minority.  We have more people making higher incomes and more people making way less and this group is growing much faster.  Our economy has taken a bimodal distribution with […]

Jun 22 2016

Spending it all on rent: 11 million Americans spend half their income on rent. Another 21 million spend over 30 percent of their income on rent, a record high.

The financial raiding of the American middle class is moving full steam ahead.  The ridiculous structure of the banking bailouts and artificially low interest rates caused hot money from banks and big investors to crowd out regular families in the housing market.  Now here we are 7 years after the official conclusion of the Great […]

Jun 16 2016

Too damn broke to afford a house: Americans are largely missing out on home equity gains and there is little they can do about it.

The housing market is once again too expensive for most American families.  During the last housing bubble, many Americans were able to partake in the mania and enjoy equity gains even if they were as fleeting as a petal in the wind.  This time around most of the gains are going to investors and large […]

Jun 8 2016

Record Shattering 94.7 Million Americans Not in the Labor Force. Up by 664,000 in One Month.

he employment figures have turned into one giant inside joke.  The mainstream press living in perpetual bubbles thinks that most of the American public is following one giant conspiracy theory if they don’t simply accept that everything is fantastic in the economy.  The funny thing is that the same reporting agency that gives us a […]

Jun 1 2016

Geriatric America: 13 percent of US workforce now employed by healthcare industry. Healthcare inflation out of control.

Like most industrialized countries the United States has a large number of people entering into old age.  The baby boomer generation is living longer and just because life expectancy is extended, this doesn’t mean people are healthier if we measure quality of life.  We have a major problem with obesity and all the implications that […]

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  • 1. How much does the Average American Make? Breaking Down the U.S. Household Income Numbers.
  • 2. Top 1 Percent Control 42 Percent of Financial Wealth in the U.S. – How Average Americans are Lured into Debt Servitude by Promises of Mega Wealth.
  • 3. Is college worth the money and debt? The cost of college has increased by 11x since 1980 while inflation overall has increased by 3x. Diluting education with for-profits. and saddling millions with debt.
  • 4. The Perfect $46,000 Budget: Learning to Live in California for Under $50,000.
  • 5. Family Budget: How to go Broke on $100,000 a year. Why the Middle Class has a hard time Living in Expensive Urban Areas.
  • 6. Lining up at Midnight at Wal-Mart to buy Food is part of the new Recovery. Banks offering Mattress Interest Rates. The Invisible Recovery Outside of Wall Street.
  • 7. You Cannot Afford a $350,000 Home with a $75,000 Household Income!
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