May 14 2012

The curious calculus of the US employment numbers – Decline of 2.4 million in extended and emergency unemployment benefits coincides with 2.2 million rise in disability benefits. Last time we had 8.1 percent unemployment rate we had 14,000,000 fewer Americans on food stamps.

The math on the employment situation in the US simply does not compute.  Over the last few years, many have escaped the employment market by diving into massive student loan debt.  This looks good for the employment figures since these people are not counted as part of the workforce.  The headline unemployment rate of 8.1 […]

Nov 7 2011

The economic treadmill is throwing millions out of the middle class and into poverty. In 2010 75 percent of unemployed received unemployment benefits while today it is down to 48 percent. From unemployment to food stamps.

The economy is being pulled apart from the center as if two mighty horses on both sides were set to run in opposite directions of the financially strapped middle class.  This seems to be the current trajectory of our economic progress.  The ranks of the poor continue to grow while the financial sector continues to […]

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