Nov 18 2015

What the heck? U.S. Public Debt up $518 billion in November alone: U.S. debt ceiling made of toilet paper.

You might remember that back in March, we hit our debt ceiling limit.  The amount registering on the U.S. Treasury Department website was stuck at roughly $18.15 trillion.  Of course given our addiction to spending and debt, we simply charged all new spending off the books.  We as a country have a deeply rooted addiction […]

Sep 12 2015

The American Dream deferred: Looking at the 4 horsemen of middle class destruction. Student debt, household income, low wage jobs, and FIRE economy dominance.

The angst that is being manifested in the political arena is largely being brought on by economic uncertainty.  There is a general underlying anxiety of living in a United States with a weakened and invisible middle class.  We are heading directly into that scenario with both eyes fully wide open.  Many of the new jobs […]

Jul 22 2015

The financial gouging of the American college student: Tuition is up 300 percent from 1990 and total outstanding student debt has grown by over 1 trillion dollars since 2000.

Inflation is such an insidious standard of living destroyer.  Little by little those dollars in your wallet get worth less and you suddenly find yourself needing to go into large levels of debt to purchase cornerstones of the American Dream.  Going to college has been the dream for many Americans after the G.I. Bill was […]

Jun 6 2015

The crisis in housing: Not enough homes are being built and rents are outstripping wage gains.

There is an economic crisis happening in the housing market.  The working class is finding more of their wages sucked into the housing financial puzzle. Stagnant wages combined with rising home prices and rents are putting a lid on household formation.  It probably doesn’t help that many young families are caught in the low wage […]

Jun 3 2015

The working few and the inverted pyramid of labor: 1 out of 3 Americans financially carry the other two-thirds.

Last month a record 93,194,000 Americans were counted as not being in the labor force.  Counted might be the wrong word since this group is largely erased from any employment figures.  In fact, this is a large reason why the unemployment rate has fallen so dramatically.  Yet one grim financial reality remains.  That reality includes […]

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