35 Million Americans on Food Stamps: 12 Percent of U.S. Population on Food Stamps Highest Since Records Kept in 1969.
There are a few statistics that you can look at to see actual human pain in the real economy. You can look at the recent stock market rally yet even a 50+ percent rally is unable to create jobs or stem the economic pain of those at the lower end of the economic spectrum. Looking […]
California Lost Decade of Employment: Bulk of Recent Income Gains went to Wealthiest Californians. 76.8 Percent of Adjusted Gross Income Gains between 2006 and 2007 went to the Wealthiest Fifth of California Personal Income Taxpayers.
California may now have one of the distinct misfortunes of enjoying a lost decade of job growth. This not only applies to the battered economy of California, but to the nation as well. To put the magnitude of the current recession in perspective, the only other time in economic history to see a contraction wipe […]
Does a College Degree Protect your Career? Unemployment Rate for College Graduates Highest on Record.
As many students begin applying for the 2010 academic school year, students are looking at an economic climate where endowments are hit, student loans are more restrictive, and parents have seen 529 plans sink along side their retirement plans. The upcoming school year will be highly competitive and expensive but will it be worth it? […]
Going Broke on $50,000: The Story of the Struggling American Middle Class. The $50,000 Median Household Budget.
The recent recession is exposing how many American families have been treading on the edge. Problems were already in the system before the recession began but the downturn in the economy was the ultimate catalyst. Many families were using credit cards as a means of supplementing a decade of stagnant wages. The median household income […]