Aug 17 2012

Healthcare jobs expand servicing many older Americans with little to no savings – Since the recession started top employment fields related to healthcare. Over 10 million Americans no longer in the labor force.

Get used to sluggish growth.  Although the political season is in full force and every candidate is promising you unicorns and roads to utopia if you vote for them, the reality is we have some built in challenges that neither party can easily fix.  The unemployment rate has trickled lower thanks to lower wage jobs […]

Aug 14 2012

Welcome to the land of the poor and rich – Trading the middle class for economic extremes.

The extremes in the US have gotten more pronounced in this economic crisis.  It is hard to imagine a country where 46 million people are living with the assistance of food stamps while 6 of the 400 top income earners pay no federal tax.  I’m sure that just like most Americans you pay your fair […]

Aug 10 2012

Long live the debt ceiling – approaching the fiscal cliff by spending $1 trillion more than is being taken in. A breakdown of government spending and revenues.

History does love to repeat itself especially when it comes to debt bubbles.  At the rate the US government is burning through money, we are likely to breach the debt ceiling limit even before we enter 2013.  We’re about $400 billion away from the $16.39 trillion limit but considering we’ve already spent $700+ billion that […]

Aug 5 2012

The other side of persistently high unemployment – Underemployment rate shoots up to 15 percent but is actually more problematic because of the civilian employment-population ratio.

Spending time examining the employment report shows continuing trends that appear beyond the headline figures.  The number of Americans unemployed or marginally attached to the work-force increased to 15 percent and appears to be a new staple of our current workforce.  A key data point is the civilian employment-population ratio that shows a continuing drop.  […]

Jul 3 2012

The great deleveraging – US households see access to debt diminish. Housing affordability and reversion to the home price to family income ratio.

Households in the US continue to face a painfully slow process of austerity via debt deleveraging.  In a debt based system like the one we live in access to debt is viewed by many as access to money.  That is, your ability to finance a car, home, vacation, or even a college education is largely […]

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