Jan 17 2010
How the Average American household making $52,000 a Year is Coping while the Ultra Rich Pull Away. Examining the new Numbers on Income Distribution in the United States.
Now that tax season is rolling around average Americans are examining the implications of a difficult 2009 economy. Yet the data on typical families shows that many Americans are falling further and further behind in this current economy. It is sobering to realize that over 14 million American households live on $15,000 or less per [...]
Jan 5 2010
Buying a Home in America today is Expensive Thanks to the Banking Sector: Examining Income and Home Prices from 1950 to the Present. Can Home Prices Fall Another 38 Percent?
A question rarely asked regarding the housing market today is whether prices are affordable. There seems to be this implicit belief that because prices have fallen so drastically that they somehow must reflect a bargain. This is not necessarily true. I think in our consumerist society people are conditioned to automatically assume that a lower [...]
