The Expanding Economics of Austerity – Home Equity Loan Ads Replaced by Brown Bag Ads. Breakfast Sales take a hit as more Unemployed Avoid eating out.
The middle class of America is adapting to the new austerity taking hold. Many are changing their habits to live in a market where credit is less accessible but others are having a hard time giving up the artifacts of the debt boom decade. However you slice the numbers average Americans are confronting a leaner […]
Game Over for the American Middle Class – Inflation Adjusted Wages up 20 Percent in Last 20 Years While Housing Costs are up 56 Percent and Healthcare Costs are up 155 Percent.
The struggle for average Americans to keep up is largely becoming an act of will power and force in this current grand recession. Now you wouldn’t think that there is a definite war raging against the middle class if you simply follow the mainstream media but the facts speak to a more distilled and corporatized […]
How the Average American household making $52,000 a Year is Coping while the Ultra Rich Pull Away. Examining the new Numbers on Income Distribution in the United States.
Now that tax season is rolling around average Americans are examining the implications of a difficult 2009 economy. Yet the data on typical families shows that many Americans are falling further and further behind in this current economy. It is sobering to realize that over 14 million American households live on $15,000 or less per […]
1.41 Million Americans Filed for Personal Bankruptcies in 2009 a jump of 32 Percent from 2008. More and More Average Americans Resorting to Bankruptcy even with Tougher Rules to File.
The employment report out on Friday just goes to show that the American economy is still struggling to create jobs for average Americans. In fact 85,000 more jobs were lost in December but that isn’t the biggest data point out of the report. The civilian labor force shrunk by a stunning 661,000 and that is […]