Sep 13 2014

Taking an exit from the labor force: Over the last ten years 16 million Americans have dropped out of the labor force.

The US economy has not recovered in typical fashion. Following the Great Recession, we witnessed a large growth in those not in the labor force. Part of this has to do with an older population but that does not address the issue completely. The US has added 16 million people to the “not in the […]

Apr 30 2014

Too broke to leave home even at 35 years of age: Over 30 percent of young adults under the age of 35 living at home. Home ownership rate of young adults continues to plummet.

Young Americans are so broke, they can’t leave home. That might sound like the line of a really bad joke but this is the unfortunate situation in our economy. Many young Americans are saddled with mind numbing levels of student debt. Younger Americans are carrying the heavy burden of the $1.2 trillion in student debt […]

Oct 8 2013

Nothing left to financially lose: Biggest drop in confidence since Lehman Brothers and why some are unmoved by government shutdown.

The government isn’t the only thing that shutdown.  Economic confidence in the US has also apparently shutdown as well.  Many people, in particular those in the media, seem perplexed as to why and how this can happen.  Unfortunately the current financial system has disenfranchised a large number of Americans.  Enough to the point that politics […]

Oct 1 2013

The Rise of a Semi-employed America: Amazon to hire 70,000 part-time workers while Merck will fire 8,500 full-time employees. Before recession 4 million part-time workers today over 8 million.

The US is seeing a dramatic rise in the number of part-time workers.  The reason many employers are going with part-time hiring is that they usually forgo any benefit payments but also have more flexibility in firing these workers when they no longer need them.  This may also explain the rise in renting households as […]

Apr 27 2013

United States of Food Stamps: Food stamp usage has grown by 30,000,000 people since 2000. The economics of a food stamp recovery.

I was working through a few pages of Excel data regarding food stamp usage and a troubling milestone has now been breached.  Since 2000, we have now added over 30,000,000 Americans to the food stamp program now labeled SNAP.  What is even more difficult to understand is this number has moved up nearly unabated since […]

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