Jul 31 2016

The American Dream has imploded with the Homeownership rate hitting another low: Most Americans too broke to buy a Home.

Owning a home is symbolic with having a piece of the American Dream.  The stereotypical picket white fence with a nice lawn is easily conjured up in the minds of many.  Yet for many, this is only a dream because it will never become reality.  The American Dream has imploded with many other areas of […]

May 22 2016

Putting it on plastic again – Record number of credit cards issued in 2015 surging 90 percent from 2009. 60 million credit cards issued last year alone.

We love credit cards as much as we hate paying bills.  As a nation we have an addiction to instant gratification.  In the not so distant past, Americans actually had to save money before making a purchase. Seeing that many Americans have nothing in their pockets except lint and cell phones with hefty monthly payments, […]

Apr 17 2016

Almost Half of Americans Endure at Least One Aspect of Poverty: The Hidden Recession Continues to Hit Americans Hard.

Poverty is portrayed in a very simplistic fashion in the media.  It is usually something that impacts other people far removed from your immediate family.  However, poverty is incredibly widespread.  This shouldn’t come as a surprise.  We already know that half of the country lives paycheck to paycheck and is simply one small emergency from […]

Apr 10 2016

The education and employment myth: Almost two-thirds of people in the labor force do not have a college degree.

There is an ongoing perception that most of the workforce has a college degree.  When we say college degree we mean at a minimum a bachelor’s degree.  You would think that with $1.3 trillion in student debt outstanding a good portion of the work force would be college educated.  The opposite is the truth however.  […]

Mar 4 2016

9 charts showing Americans never recovered from the Great Recession: If you are wondering why people are so angry look no further.

The press is somewhat baffled as to why Americans are so angry this year.  The stock market seems to be doing fine (too bad most Americans don’t own stock).  Jobs are being added (too bad most jobs are in the low wage service sector).  Housing values are up (too bad the homeownership rate is down […]

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