Apr 29 2016

The Two Income Trap has only gotten worse: America has become a dual-income nation since one income isn’t enough to maintain a household.

America has become a nation where households depend on multiple streams of income just to get by.  Many people think that having two incomes is a luxury when in most cases, you need two incomes just to get by and keep up with the rising cost of living.  This is reflected in the two income […]

Mar 30 2016

1 out of 3 American households can no longer afford rent, food, and transportation. The biggest rise in expenditures comes from rising housing costs.

The driving force in this political movement is anger and many American families need only look at their bank statements to understand why.  Since 2004 median income has fallen by 13% while expenditures have risen by 14% according to latest figures pulled by Pew Research.  That strikes at the heart of why the middle class […]

Feb 12 2016

Importing lower wages as 75% of Silicon Valley’s tech workers are foreign-born: How tech manipulates the H-1B visa program for cheap labor.

We tend to believe that the tech industry operates in a very progressive atmosphere as far as how they vote.  This might be the case for workers but for owners, they are ultra-bottom line and this is seen in the way they hire lower wage workers.  We tend to get things mixed up in regards […]

Jan 15 2016

What is a middle class income in America? A lot less than you think and Americans are getting poorer by the day.

Questions around being middle class are coming up a lot in the last few years.  This inquiry is coming up because people are grasping at straws trying to maintain a quality of life that reflects a middle class lifestyle but many have incomes that simply do not support their spending.  Americans are set to become […]

Jan 7 2016

Americans are about to get poorer in 2016 as the wealth effect reverses: 63 percent of Americans have no emergency savings.

The year is off to a tumultuous start.  Markets around the globe are quickly realizing that hot money is going to hit a wall at some point.  Many Americans are coming to the stark realization that the recession that ended in 2009 never really ended for the middle class.  In fact, it might have been […]

Dec 15 2015

How inflation is purposely underreported as a justification to maintain low interest rates: Two specific examples with housing and college tuition.

Inflation is largely misunderstood by the public at large.  People for the most part think that inflation is the natural economic order and that prices go up naturally.  Official inflation figures play a much bigger role influencing cost-of-living adjustments for things like Social Security but also serve as cover to maintain low interest rates.  The […]

Dec 11 2015

The Middle Class in America has just become a minority: For the first time in over 50 years low-income and high-income Americans outnumber the middle class.

It was only a matter of time but we can now officially say that the middle class in America has reached minority status designation.  Recent figures show that there are more low-income and high-income Americans versus those in the middle class.  Most of the growth has been fueled by the trend in adding low wage […]

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