Nov 17 2009

10 States with Underemployment Rates of 20+ Percent. Manufacturing Sector Employs Same Number of Workers that we did in 1940.

The average American family must look at the current stock market rally as some kind of cruel joke.  We have people anxiously waiting for government funds or paychecks to clear at the end of the month so they can wait outside of a Wal-Mart shopping center at midnight to buy food once their funds clear.  […]

Nov 2 2009

Bankruptcy Filings to Match Divorce Filings in 2009: 1.5 Million. 35.8 Million Americans on Food Stamps – 11 Percent of the Population. The 5 Indicators of the Misery Index.

It is a sobering fact that in 2009, there will be as many people filing for bankruptcy as those filing for a divorce.  We are on track to seeing an average of nearly 5,900 bankruptcy filings a day for 2009.  While some people use the stock market as their barometer of economic recovery, there are […]

Oct 14 2009

Stag-Inflation: Japanese Employment Trends in the United States: Part-time, Dispatched, and Contracted Workers. A Decline in the American Consumer Standard of Living. Why the U.S. is not Japan and This is Not Good News.

There have been many comparisons between the lost decade experienced in Japan after the Heisei bubble boom and the current real estate bubble in the United States.  On the surface, superficially things may appear the same.  Japan had a technology led bubble that sent the Nikkei to record heights only to have a bust.  We […]

Oct 3 2009

Economy Losing 11,000 Jobs per day since December of 2007. 824,000 Jobs Lost in Statistical Revision: 8 Million Jobs Lost Since Start of Recession. Nationwide Unemployment Rate at 17 Percent.

Since the start of this deep recession back in December of 2007 some 7.2 million jobs have been lost in the official BLS reports.  The official non-farm employment has dropped from 138 million to 130 million.  Think of it this way, for 21 months we have lost on average over 11,000 jobs per day.  As […]

Sep 28 2009

The Long Lost City of Detroit: The Economic and Financial Pain of Motor City. How Detroit went from 1.8 Million to 912,000 Residents. 28.9 Percent Unemployment.

There is no other city in the United States that highlights the Achilles Heel of the current financial crisis like Detroit Michigan.  Detroit Michigan had a booming population from 1870 to 1950.  In 1870 Detroit had 79,577 residents and in 1950 Detroit had a stunning 1.8 million.  The massive boom came with the growth of […]

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