Aug 5 2012

The other side of persistently high unemployment – Underemployment rate shoots up to 15 percent but is actually more problematic because of the civilian employment-population ratio.

Spending time examining the employment report shows continuing trends that appear beyond the headline figures.  The number of Americans unemployed or marginally attached to the work-force increased to 15 percent and appears to be a new staple of our current workforce.  A key data point is the civilian employment-population ratio that shows a continuing drop.  […]

Jul 7 2012

The four horsemen of the sluggish economy – Total credit market debt above $55 trillion, few jobs for many unemployed, the student debt bubble, and long-term compression of wages.

The US economy is facing tremendous financial hurdles in the years to come.  The current market is being held together by a flood of debt that is masking underlying issues.  Total credit market debt is many times larger than our annual GDP.  Student loan debt continues to expand unabated even though the return-on-investment for many […]

Jun 3 2012

The day the credit markets awake from a slumber – $1 trillion in consumer debt currently delinquent. Student debt continues to grow adding fuel to the higher education bubble.

With much of the attention being diverted to the cascading financial crisis in Europe something was missed in the United States.  The incredibly important quarterly consumer credit report released by the Federal Reserve highlighted some disturbing trends.  The first overall point is that the American consumer continues to deleverage.  Yet with a system built on […]

May 8 2012

How to bankrupt a generation of young Americans in four steps – young Americans living at home surges by 50 percent from 2005.

The viable pathway for success for many young Americans seems to have gotten very narrow in the last decade.  The opportunities for many young workers have become mired with an economy that is largely in a deep recession with limited quality positions.  Many are saddled with debt and taking on employment positions that may not […]

May 1 2012

Middle class dysphoria – What does the new American Dream look like? Inflated college tuition, lower home ownership rates, and compressed wages.

The American Dream was always tied to economic prosperity.  The ability to work and save for a respectable retirement seemed cornerstones to this vision of middle class success.  The idea that future generations would have it better seemed to also be part of this vision of economic prosperity.  The last two decades have seen a […]

Page 4 of 11« First...23456...10...Last »

My Budget 360

Enter your email address to receive updates from My Budget 360:

100% Private & Spam Free.

 


Subscribe in a reader

 

Popular – All Time


  • 1. How much does the Average American Make? Breaking Down the U.S. Household Income Numbers.
  • 2. Top 1 Percent Control 42 Percent of Financial Wealth in the U.S. – How Average Americans are Lured into Debt Servitude by Promises of Mega Wealth.
  • 3. Is college worth the money and debt? The cost of college has increased by 11x since 1980 while inflation overall has increased by 3x. Diluting education with for-profits. and saddling millions with debt.
  • 4. The Perfect $46,000 Budget: Learning to Live in California for Under $50,000.
  • 5. Family Budget: How to go Broke on $100,000 a year. Why the Middle Class has a hard time Living in Expensive Urban Areas.
  • 6. 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.
  • 7. You Cannot Afford a $350,000 Home with a $75,000 Household Income!
  • 8. Crisis of generations – younger Americans moving back home in large numbers. Student loan default rates surging largely due to for-profit college expansion.
  • 9. The next massive debt bubble to crush the economy – 10 charts examining the upcoming implosion of the student loan market. $1 trillion in student loans and defaults sharply increasing.
  • 10. Welcome to the new model of retirement. No retirement. In 1983 over 60 percent of American workers had some kind of defined-benefit plan. Today less than 20 percent have access to a plan and the majority of retired Americans largely rely on Social Security as their de facto retirement plan.
  • Categories