Jun 20 2012

Financial panic button for younger Americans – The sandwich generation saw a 59 percent decline to their net worth as they deal with college aged students living at home and elderly parents.

Unfortunately more data pointing to the deterioration of the middle class came out this week regarding net worth figures.  One of the more ominous data points regarded the sandwich generation of those taking care of college aged kids and parents.  The net worth figures this time released by the US Census coincide with the information […]

May 19 2012

Using the young as a shield for hitting the deficit spending wall – the bill will come due for the young. Government spending prioritizes old American immediate needs and will send the bill to the young.

The level of government spending is mind boggling but has taken a backseat to the issues being experienced over in Europe.  We are running trillion dollar deficits as if this was somehow customary in our history.  For each dollar spent we are seeing less of a result in the real economy.  Part of the issue […]

May 8 2012

How to bankrupt a generation of young Americans in four steps – young Americans living at home surges by 50 percent from 2005.

The viable pathway for success for many young Americans seems to have gotten very narrow in the last decade.  The opportunities for many young workers have become mired with an economy that is largely in a deep recession with limited quality positions.  Many are saddled with debt and taking on employment positions that may not […]

Mar 8 2012

How does an America with no middle class look like? Bureau of Labor and Statistics projects top two jobs for the next decade will pay roughly $20,000 a year. Approval rating of Congress at 10 percent. In comparison, Americans approved of BP’s handling of the Gulf oil crisis at a 16 percent rate.

A strong middle class has been at the core of what has been promoted as the American Dream.  How would America look like if the middle class simply vanished?  We may not need to wait too long at the current rate since we are quickly siphoning people off the middle class and throwing them into […]

Jan 16 2012

The sordid details of the employment market – Before recession hit 5,000,000 job openings were available while today there are 3,000,000. 1,000,000 Americans have completely quit looking for work and average duration of unemployment is 40 weeks, twice the amount of the 1980s recession.

There is a growing disconnect in America as the middle class is hollowed out.  Many Americans hear talks of a recovery that is now going on three years but look at their tight monthly budgets and wonder what recovery is being discussed.  The median household income is roughly $50,000 and with rising food, healthcare, energy, […]

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