Oct 4 2015

Labor force catastrophe with more than half a million dropping out of the labor force: Record 94.6 million Americans not in the labor force.

The latest employment report was a complete disaster.  The only reason the unemployment rate remained unchanged was because a stunning 579,000 people dropped out of the labor force in one month.  We now have a record 94.6 million Americans categorized as not being in the labor force.  This massive drop cannot be explained by the […]

Sep 12 2015

The American Dream deferred: Looking at the 4 horsemen of middle class destruction. Student debt, household income, low wage jobs, and FIRE economy dominance.

The angst that is being manifested in the political arena is largely being brought on by economic uncertainty.  There is a general underlying anxiety of living in a United States with a weakened and invisible middle class.  We are heading directly into that scenario with both eyes fully wide open.  Many of the new jobs […]

Jul 22 2015

The financial gouging of the American college student: Tuition is up 300 percent from 1990 and total outstanding student debt has grown by over 1 trillion dollars since 2000.

Inflation is such an insidious standard of living destroyer.  Little by little those dollars in your wallet get worth less and you suddenly find yourself needing to go into large levels of debt to purchase cornerstones of the American Dream.  Going to college has been the dream for many Americans after the G.I. Bill was […]

Jun 30 2015

Top 4 employment sectors in the United States pay $10 an hour or less: The uneven recovery being led by low wage labor.

It is hard to believe but we are now “officially” six years into this recovery.  For most Americans, it doesn’t feel anything like a recovery and that label appears to be a misnomer.  Americans need only look at their paychecks and the cost of living to realize that yes, things are getting tougher.  There appears […]

Jun 22 2015

How much do Americans earn in 2015? A comprehensive look at household income and individual earnings. GDP disconnects from household income.

How much do Americans earn?  This is an important question to ask given our consumption based economy.  Each household has a propensity to spend and the ability to consume is largely derived by income.  Debt has made it easier for households to spend future wages but we need to find out two important reference points […]

Jun 11 2015

Is college worth the 172 percent price increase over the last 9 years? The cognitive dissonance between rising tuition and falling wages.

$1.36 trillion.  That should sound like a lot of money because it is.  How much is $1.36 trillion?  Texas has an annual Gross Domestic Product of $1.4 trillion.  $1.36 trillion is the amount of student debt that is attached to millions of Americans like a financial albatross.  There is an ugly thing about this unrelenting […]

Jun 6 2015

The crisis in housing: Not enough homes are being built and rents are outstripping wage gains.

There is an economic crisis happening in the housing market.  The working class is finding more of their wages sucked into the housing financial puzzle. Stagnant wages combined with rising home prices and rents are putting a lid on household formation.  It probably doesn’t help that many young families are caught in the low wage […]

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