Sep 19 2013

Going for broke: The multiple lost decades of US household income. Is it possible to have a recovery while the standard of living collapses?

The recent Census data highlights a stark difference between the stock market and what families are facing across the United States.  Households are struggling to keep ahead while the standard of living slowly erodes with the juggernaut that is the banking tide.  There will be repercussions for what the Fed has done in terms of […]

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Aug 8 2013

The accelerating race to a student debt implosion: Federal student loans rose by $266 billion since 2011. 85 percent of consumer debt growth since 2011 because of student debt.

The Federal Reserve released an interesting report on consumer credit this week.  While the mainstream spin is that it is good that consumer loans are growing, the vast majority of the growth is coming from the student debt portion.  The student debt problems are starting to become dramatic given rising default rates combined with sub-par […]

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Jul 9 2013

How much do Americans earn? How the other half lives and examining income growth and median income for US households in 2013.

How much do Americans earn?  Such an important and pivotal question is rarely examined in the mainstream press.  It almost appears to be a forbidden topic of discussion.  You would think that this question would warrant deeper examination given that income is the driving force of our consumer hungry economy.  Yet many people are driven […]

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Jan 31 2013

Are we reaching a tipping point in the stock market? 4 million fewer jobs from peak but corporate profits at record levels. Consumer confidence dips yet stocks keep moving up.

As the Dow flirted with 14,000 and the S&P 500 hit 1,500 the typical American is losing their confidence and also reflects a stock market that diverges from the interests of the Americans worker.  Given that many of the S&P 500 companies earn a sizable portion of their profits abroad, it is hard to see […]

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Dec 28 2012

The three legged fiscal cliff: US middle and working class already facing their own fiscal cliff – 2 million Americans will lose unemployment insurance by January 1 and the debt ceiling limit being hit on December 31.

To most of America the fiscal cliff is some sort of fiscal enigma.  Most realize that we are spending more than we are bringing in and also that taxes are part of our system.  What most have a harder time understanding is the machine of the Fed and how it selects winners and losers at […]

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