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 18 2015

Millennials that are thriving in this economy are those with links to rich parents: The vast majority of other Millennials are mired in debt and unable to purchase homes.

Most young Americans are still living in an economy that feels like it is in a recession.  Yet there are Millennials that are doing well and are thriving in this economy.  How are they escaping mountains of student debt?  How are they gaining access to down payments to purchase more expensive homes?  The short answer […]

Dec 2 2014

No inflation they say: Increases from 2007 include rent going up by 27 percent, food increasing 12 percent, health insurance 42 percent.

Inflation has a slow methodical pattern of crushing every little dollar you have in your wallet.  Even a moderate level of inflation is an enormous change when incomes go stagnant.  There is talk about how spending this year isn’t all that great.  This is a big deal considering that our economy runs on non-stop spending […]

Oct 15 2014

The stock market correction has arrived: Massive global volatility, central bank wizardry, geo-political instability, and people finally realizing how overvalued the market has become.

The stock market is finally reflecting the true nature of the global economy. There is massive geo-political instability, central bank double-speak, and a growing trend of low wage labor. In the US, it is no surprise that subprime auto debt has grown at an outstanding pace simply because people are too broke to finance a […]

Sep 29 2014

When income growth hits a brick wall: From 1949 to 1979 over 60 percent of all income growth went to the bottom 90 percent. After that, things changed for the middle class.

People routinely wake up every day, grab breakfast, and hurry out of their door to work. Most are merely running on a treadmill trying to make sure they have enough money to pay the bills that come down like a torrent of water. Is this pinching of the wallets really a shrinking of the middle […]

Sep 24 2014

The New Normal for the American Dream – 3 Cornerstones: Low wage jobs, high levels of college debt, and a retirement that consists of working until you pass away.

There seems to be a growing acceptance that the American Dream is hardly as accessible as it once was. Low wage jobs, higher education tuition pushing many into untenable levels of debt, and a new vision of retirement all seem to connect into one new theme. The new theme revolves on a much more challenging […]

Apr 28 2014

McWages for the McAmerica job recovery: The scorecard – 3.6 million higher-wage jobs lost due to recession with only 2.6 million added back. 2 million lower-wage jobs lost during recession but 3.8 million added since the recovery.

We are witnessing an economic race to the bottom. The recovery has largely been one of low-wage work. This is easily seen through the paychecks Americans are receiving. What isn’t readily visible is what is being slashed on the backend including healthcare, benefits, and the expanding impact of inflation on purchasing power. A report from […]

Page 1 of 1212345...10...Last »

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

100% Private & Spam Free.


wordpress stats