Jul 21 2011

The four horsemen of the middle class apocalypse – what does it say that we as a nation bailed out the financially wealthy too big to fail banks yet failed to bail out the middle class?

What made the U.S. the envy of the world was the belief that if you worked hard enough and had the right kind of grit and intelligence that you would be able to enjoy the fruits of your labor.  This is what built the solid middle class after World War II.  The majority of people […]

Mar 18 2011

Austerity nation – 45 million Americans on food assistance programs. Americans shopping at discount dollar stores confronting the realities of a shrinking dollar and disappearing middle class.

From November to December of 2010 487,000 Americans were added to the food stamp program.  Keep in mind this all occurred while the stock market continued to soar and has rallied nearly 100 percent from the lows reached in March of 2009.  Working and middle class Americans barely have enough to pay for the monthly […]

Feb 5 2011

Economic chicanery – Social Security financial headwinds, another 395,000 Americans added to food stamp assistance in latest month of data, and manipulating the unemployment rate.

The dichotomous American economy is cracking like old paint into two distinct factions.  For a few solid decades after World War II we had a burgeoning middle class, a smaller financial elite, and those who still struggled financially.  The main objective however was to get as many people into the secure middle class.  Today the […]

Nov 30 2010

The magical 2.2 housing ratio between median nationwide home prices and household income – Nationwide home prices still inflated by 30 percent based on 50 years of household data.

The typical American family is facing the biggest economic uncertainty since the Great Depression and must feel like their lives are in a washer spin cycle.  Many unemployed Americans are now entering a stage where unemployment insurance is being cut off which will send tens of thousands of people into the street.  The mainstream media […]

Nov 19 2010

When peak credit implodes on the consumer balance sheet – $1 trillion in consumer debt has been removed from the market since 2008. Only consumer debt category growing is student loan debt.

The U.S. insatiable consumer machine has reached a peak debt scenario.  Household balance sheets are simply unable to take on more debt on their already financially sore shoulders.  At the core of the Federal Reserve quantitative easing actions is the mission to lower the interest rate since consumers simply are unable to borrow more.  By […]

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