Jan 5 2013

American Gerontocracy: Since 2009 2.7 million jobs for those 16 to 55 have been lost yet 4 million jobs were added for those between 55 and 69.

It is still a tough time to be young and looking for work in the United States.  With the steady destruction of blue collar industries with living wages, many have to pursue a college degree for any chance at becoming middle class.  Yet higher education has become a debt plagued mess where students have to […]

Jan 4 2013

Retirement no more: Median net worth at lowest level since 1969 recent study finds.

There may be a temporary jubilee with the notion that the fiscal cliff has been deferred for a few months.  The media is quick to accept anything for a victory but very little has been done to stop our marching path onward on this massive debt spiral.  Many Americans continue to live in poverty with […]

Dec 31 2012

How much do Americans earn? What is the average US income and other income figures. Fiscal cliff talks only useful in context of incomes.

With talk of the fiscal cliff taking up most of the headlines it is probably useful to look at income figures for Americans.  The media rarely discusses income because it is a touchy subject.  It probably would not be savvy in a marketing sense to tell viewers that their incomes have been stuck in the […]

Dec 18 2012

The erosion of purchasing power via inflation – Federal Reserve and the permanent portfolio.

Inflation has a subtle and quite way of eroding your purchasing power.  The process can unfold slowly and before you know it you suddenly wake up realizing your paycheck no longer stretches so far.  This is happening across the US in many ways.  Those on very tight budgets, especially those now on food stamps are […]

Dec 15 2012

New Retirement Model of Working into Old Age – Baby Boomers hitting retirement age with little to no savings.

The fiscal issues facing the country are troubling for a variety of reasons but one big reason is the reality that many older Americans simply do not have enough money to retire.  The idea of entering your golden years without the need of working is a relatively modern one.  In fact, it was the generation […]

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