Feb 12 2017

The most depressing chart showing US imports and exports in 2016 with top trading partners.

The manufacturing base has completely eroded in this country and one chart dramatically highlights this (shown later in the article).  It is deeply disturbing that we now have as many people working in restaurants as waiters and bartenders as we do in manufacturing.  This of course is for good reason given that you can’t export […]

Jan 29 2017

The standard wage for an American is $29,000: Social Security data reveals raw figures for the wealthiest country in the world.

All Americans pay Social Security taxes.  So looking at Social Security for income data is fairly reliable.  The new Social Security figures show that Americans continue to make a lot less than what the public tends to believe.  For example, you may have seen mainstream shows with talking heads saying that someone making $200,000 a […]

Sep 24 2016

Everyone thinks they are middle class: The false perceptions many Americans hold.

We have a deeply held belief in America that if you work hard enough, anything is achievable.  This is something built into the core of our nation.  If you go back to the Great Depression, while other countries were overturning systems and shifting deeply held ideology, Americans held steady and went out and voted.  The […]

Aug 20 2016

The wealthiest 10% hold 76% of the wealth: The rich continue to pull away from the rest of the crowd.

Wealth in the U.S. continues to accumulate into fewer hands.  A recent Congressional Budget Office report showed that the top 10% of U.S. families now control 76% of total wealth.  That is a massive amount considering total family wealth is at $67 trillion.  Wealth inequality continues to expand and is creating deeper divides in our […]

Jun 22 2016

Spending it all on rent: 11 million Americans spend half their income on rent. Another 21 million spend over 30 percent of their income on rent, a record high.

The financial raiding of the American middle class is moving full steam ahead.  The ridiculous structure of the banking bailouts and artificially low interest rates caused hot money from banks and big investors to crowd out regular families in the housing market.  Now here we are 7 years after the official conclusion of the Great […]

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