Game Over for the American Middle Class – Inflation Adjusted Wages up 20 Percent in Last 20 Years While Housing Costs are up 56 Percent and Healthcare Costs are up 155 Percent.
The struggle for average Americans to keep up is largely becoming an act of will power and force in this current grand recession. Now you wouldn’t think that there is a definite war raging against the middle class if you simply follow the mainstream media but the facts speak to a more distilled and corporatized […]
How the Average American household making $52,000 a Year is Coping while the Ultra Rich Pull Away. Examining the new Numbers on Income Distribution in the United States.
Now that tax season is rolling around average Americans are examining the implications of a difficult 2009 economy. Yet the data on typical families shows that many Americans are falling further and further behind in this current economy. It is sobering to realize that over 14 million American households live on $15,000 or less per […]
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.
There seems to be a growing divide in the current U.S. economy. On the one hand, you have the financial sector swimming in their bailout-induced profits like a modern day Scrooge Mcduck. In their circles, it appears as if the recession is over. On the other hand, you have average Americans seeing access to credit […]
U.S. Dollar Sendoff Stock Market Rally: Dow up 56% from Bottom in U.S. Dollars but up only 31% in Euros. How a Crashing Currency Hides Actual Trends. Over 40 Ounces of Gold Needed to Purchase Dow Index in 2000. Today 9.4 Ounces of Gold will buy the Dow Index. Oil is up 128% from March low.
Many Americans have a hard time wrapping their mind around a declining currency or the hidden tax that is inflation. The U.S. Treasury and Federal Reserve understands this and for decades has exploited this issue to slowly siphon off the buying power of the U.S. dollar. Openly they tell the public that they are for […]