Feb 12 2017

The most depressing chart showing US imports and exports in 2016 with top trading partners.

The manufacturing base has completely eroded in this country and one chart dramatically highlights this (shown later in the article).  It is deeply disturbing that we now have as many people working in restaurants as waiters and bartenders as we do in manufacturing.  This of course is for good reason given that you can’t export […]

Dec 31 2016

Guns and Chipotle: Millennials are the most employed generation in two occupational areas: food services and military.

Young Americans have many financial obstacles placed in their way.  Many older Americans like to chime in and blast younger Americans as being weak and complaining too much but the facts tell a different story.  Millennials do have it economically tougher.  Quality of life is up (for all) but the standard of living is getting […]

Sep 24 2016

Everyone thinks they are middle class: The false perceptions many Americans hold.

We have a deeply held belief in America that if you work hard enough, anything is achievable.  This is something built into the core of our nation.  If you go back to the Great Depression, while other countries were overturning systems and shifting deeply held ideology, Americans held steady and went out and voted.  The […]

May 16 2016

Once upon a time, there was a middle class: This election year will determine whether the middle class falls into obscurity.

In the not too distant past the United States had a vibrant middle class.  Prosperity for most families was the rule rather than the exception.  This didn’t happen by accident or some odd twist of luck.  It happened because as a country we setup a foundation that valued a robust middle class.  The Great Depression […]

Mar 30 2016

1 out of 3 American households can no longer afford rent, food, and transportation. The biggest rise in expenditures comes from rising housing costs.

The driving force in this political movement is anger and many American families need only look at their bank statements to understand why.  Since 2004 median income has fallen by 13% while expenditures have risen by 14% according to latest figures pulled by Pew Research.  That strikes at the heart of why the middle class […]

Page 1 of 1912345...10...Last »

My Budget 360

Enter your email address to receive updates from My Budget 360:

100% Private & Spam Free.

 


Subscribe in a reader

 

Popular – All Time


  • 1. How much does the Average American Make? Breaking Down the U.S. Household Income Numbers.
  • 2. Top 1 Percent Control 42 Percent of Financial Wealth in the U.S. – How Average Americans are Lured into Debt Servitude by Promises of Mega Wealth.
  • 3. Is college worth the money and debt? The cost of college has increased by 11x since 1980 while inflation overall has increased by 3x. Diluting education with for-profits. and saddling millions with debt.
  • 4. The Perfect $46,000 Budget: Learning to Live in California for Under $50,000.
  • 5. Family Budget: How to go Broke on $100,000 a year. Why the Middle Class has a hard time Living in Expensive Urban Areas.
  • 6. Lining up at Midnight at Wal-Mart to buy Food is part of the new Recovery. Banks offering Mattress Interest Rates. The Invisible Recovery Outside of Wall Street.
  • 7. You Cannot Afford a $350,000 Home with a $75,000 Household Income!
  • 8. Crisis of generations – younger Americans moving back home in large numbers. Student loan default rates surging largely due to for-profit college expansion.
  • 9. The next massive debt bubble to crush the economy – 10 charts examining the upcoming implosion of the student loan market. $1 trillion in student loans and defaults sharply increasing.
  • 10. Welcome to the new model of retirement. No retirement. In 1983 over 60 percent of American workers had some kind of defined-benefit plan. Today less than 20 percent have access to a plan and the majority of retired Americans largely rely on Social Security as their de facto retirement plan.
  • Categories