Dec 20 2014

Dollar Store Nation: Largest percentage of Americans on food stamps while stock market disconnects from working class Americans.

While the stock market whipsaws like a rollercoaster, many Americans only see one tiny benefit to their bottom line.  The massive drop in oil prices will add a few extra dollars into the wallets of Americans just in time for the holiday shopping season.  Many will only have the budget to shop at dollar stores […]

Jan 14 2014

When a dollar store is too expensive: Growing class of poor Americans unable to afford items at dollar stores.

You know things are tough when people face a challenge purchasing goods at dollar stores.  The dollar store economy has been robust for the last decade as the US economy has shed the weight of millions of middle class families.  As more people move down the economic ladder, these stores hit a critical niche.  I […]

Apr 27 2013

United States of Food Stamps: Food stamp usage has grown by 30,000,000 people since 2000. The economics of a food stamp recovery.

I was working through a few pages of Excel data regarding food stamp usage and a troubling milestone has now been breached.  Since 2000, we have now added over 30,000,000 Americans to the food stamp program now labeled SNAP.  What is even more difficult to understand is this number has moved up nearly unabated since […]

Feb 17 2013

The difference between investing in the dollar store economy and living in it: 20 percent of Americans now receiving food stamps. Dollar stores become a growth industry and top one percent gobble up all income gains after recession.

Lost in the tireless cheerleading for the stock market which in reality, is largely a sophisticated sham for most Americans, we had a report from the Department of Agriculture that should put things into perspective.  In the latest release of data for November 2012 (released in February 2013), the report noted that 141,067 Americans were […]

Nov 2 2012

Dollar stores in million dollar neighborhoods. 99 Cents Store looking at Beverly Hills location in rise of the low-wage and high-wage economy. 1 out of 4 working Americans in low-wage work.

Whenever a jobs report comes out I always ask what kind of jobs are being added. There is a wide gap between skilled and unskilled labor building in this economy.  Those without the skills for select fields are being left behind to pickup jobs in the growing low-wage service sector.  It used to be the […]

Page 2 of 3123

My Budget 360

Enter your email address to receive updates from My Budget 360:

100% Private & Spam Free.

 


Subscribe in a reader

 

Popular – All Time


  • 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!
  • 8. Crisis of generations – younger Americans moving back home in large numbers. Student loan default rates surging largely due to for-profit college expansion.
  • 9. The next massive debt bubble to crush the economy – 10 charts examining the upcoming implosion of the student loan market. $1 trillion in student loans and defaults sharply increasing.
  • 10. Welcome to the new model of retirement. No retirement. In 1983 over 60 percent of American workers had some kind of defined-benefit plan. Today less than 20 percent have access to a plan and the majority of retired Americans largely rely on Social Security as their de facto retirement plan.
  • Categories