Top 10 Largest Occupations in the United States Dominated by Jobs that pay $20k to $30k a Year.
The American economy has slowly compressed the middle class into a minority group. When the manufacturing sector slowly eroded away, waiting in the wings to replace those higher paying jobs was low wage service sector employment. Now as it turns out the top 10 largest occupations in the United States are occupied by low wage […]
Americans now Hold Over $4.1 Trillion in Consumer Debt: Last Debt Bubble Peak was at $2.5 Trillion.
Americans now hold an incredible $4.1 trillion in consumer debt. This latest data shows that Americans are now back to having an insatiable appetite for spending beyond their means. Unlike mortgage debt, consumer debt is not building up any future equity here. The largest category of consumer debt is student loan debt. Even at the […]
Housing affordability shows that most Americans are too broke to buy a home: The American Dream moves further out of reach.
More Americans are finding it harder to afford a home. In fact, a closely followed housing affordability index is now back to where it was in 2008. Not exactly a prime time for buying homes. Most Americans are too broke to afford a home. Which is somewhat contrary to the narrative that is pumped out […]
The most depressing chart showing US imports and exports in 2016 with top trading partners.
The manufacturing base has completely eroded in this country and one chart dramatically highlights this (shown later in the article). It is deeply disturbing that we now have as many people working in restaurants as waiters and bartenders as we do in manufacturing. This of course is for good reason given that you can’t export […]