Sep 23 2015

The increasing odds that you will die working: The extinction of retirement and the growing old age labor force.

I was greeted by an older gentleman at a local Target store.  He slowly smiled and said hello.  I nodded and said hello as he proceeded to greet other shoppers.  Leaving the store I was greeted by an older cashier.  Over the last decade, the retail labor force is seeing a growing number of older […]

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 […]

Aug 11 2015

Trends in low wage America: 1.4 million waiter/bartender jobs gained while 1.4 million manufacturing jobs lost since 2007. Top 4 employment sectors pay $10 an hour or less.

The media pundits are scratching their heads as to why two political outsiders are garnering all the attention.  You want to know why?  Both are addressing the low wage epidemic plaguing the country.  Now we can debate their policies since both stand at the extreme opposite ends of the spectrum but their message is clear […]

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 […]

Jul 10 2015

China lost the equivalent of 14 Greeces over the last month: Why the actions of banning short selling and punishing the market taken by the Chinese government will backfire.

The market has been fixated on the actions of Greece, a country with 11 million people or the equivalent of Los Angeles County.  However, the bigger action is taking place in the gambling obsessed Chinese economy.  For those of you not following global news the Chinese stock markets, primarily the Shanghai Composite, Shenzhen, and Hang […]

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