Dec 10 2014

The American Dream deferred for young Americans: Living in rentals, inflated college tuition, and low wages await millions of young Americans.

The Americans Dream was largely built on a few simple ideals. One was the ability to purchase your own home without needing artificially low rates and dangerously low down payments. Another key aspect of the dream was allowing young Americans to receive a college education to pursue their future. While more Americans are going to […]

Nov 9 2014

Low wage jobs dominate as waiters and bartenders will soon outnumber manufacturing jobs: Latest jobs report highlights continuing trend in low wage employment.

The trend to low wage employment continues as the latest jobs report shows that wages are being eroded by inflation. Of course, the public is told that inflation is muted but simply looking at your paycheck versus housing costs, healthcare costs, and food would tell you a different story.  Americans went to vote with economic […]

Oct 1 2013

The Rise of a Semi-employed America: Amazon to hire 70,000 part-time workers while Merck will fire 8,500 full-time employees. Before recession 4 million part-time workers today over 8 million.

The US is seeing a dramatic rise in the number of part-time workers.  The reason many employers are going with part-time hiring is that they usually forgo any benefit payments but also have more flexibility in firing these workers when they no longer need them.  This may also explain the rise in renting households as […]

Sep 25 2013

Debt serfdom via student loans: A new class of indentured servants now carry the $1.1 trillion student loan bubble and cracks are already plaguing the system.

$1.1 trillion.  That is the amount of student debt being carried on the backs of millions of Americans.  Student debt has become a rite of passage for many young Americans.  In fact, many Americans establish their first credit line with student debt as they enter college.  The crisis is large and has a direct connection […]

Dec 21 2012

Diving into the fiscal economic mess – Fiscal cliff a reckoning for decades of poor financial management and massive debt based spending.

The media is making it appear that the fiscal cliff is a sudden event.  Like a countdown to a New Year’s party.  Yet this cliff was as predictable more than a decade ago as we spent more than we took in as an economy.  The challenge is real because our spending is so much more […]

Nov 15 2012

Recession probabilities – For the 50 million Americans in poverty the probability of a recession is 100 percent. Growing economic divide for working class.

The probabilities of the US slipping into another official recession are growing.  Don’t tell this to the 50 million people that are reportedly at the poverty level according to a new US Census report.  This trend isn’t something new and it certainly is not going to be resolved overnight.  We have nearly 47 million Americans […]

Oct 24 2012

Young, educated, and deep in debt – College debt over 18 percent of all consumer debt. Half of college graduates under 25 are unemployed or working in a field where no degree is required.

I doubt anyone is opposed to education or advancing your knowledge in life.  Who can oppose something so valuable?  Now this lofty aspiration is great but becomes problematic especially when the cost of higher education has gotten so expensive.  How expensive you ask?  The fact that we have over $1 trillion in student loans outstanding […]

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