FORE HUNDRED LAYOFFS
Golf isn’t less popular. Golf is a discretionary expenditure for the former middle class. They are spending their dwindling salaries on gasoline, food, utilities, rent, healthcare, and tuition. Nothing...
View ArticleMIDDLE CLASS SQUEEZE
Report: Middle Class Running Dangerously Low On Things To Be Squeezed Out Of News in Brief • News • ISSUE 50•31 • Aug 7, 2014 WASHINGTON—An alarming report released Thursday by researchers at the...
View ArticleMcSHITS STILL SHITTING THE BED
How bad must McDonalds food be if the Chinese think it is too putrid to serve? Have you seen what the Chinese eat? The storyline for the horrible US sales has been that competition is tougher, blah,...
View ArticleDestruction of America’s Middle Class
Guest Post by Anthony Sanders America’s middle class is having a difficult time. They are not sharing equally in the Fed-induced stock market surge and real median household income is the lowest since...
View ArticleIT’S GOOD TO BE RICH
After reviewing the following charts I’ve concluded it is better to be rich than poor. There is no question the gap between the richest and poorest is widening. The facts show the rich getting richer,...
View ArticleGONE GIRL: JANET YELLEN = GONE MIDDLE CLASS
Guest Post by Anthony Sanders Gone Girl: Yellen Worries That The Peasants Don’t Own Enough Assets (Low Income, Zero Interest Rates and a Regulatory Wall Hurts) According to the Fed’s triennial Survey...
View ArticleF#@KFLATION
Every day you hear the boobs on CNBC and the rest of the mindless mainstream media regurgitating the Federal Reserve concerns about deflation, as if lower prices somehow hurt the lives of Americans....
View ArticleWoman Showcased by Obama in SOTU is a Former Democratic Campaign Staffer
Hat tip Thinker Are Obama’s minions so lazy they just get a recycled Democrat prop they’ve used before as their example of middle class America? Via American Free Beacon Woman apparently the only...
View ArticleTHERE IS ONLY ONE OTHER TIME IN HISTORY…..
…..when we have seen an oil price crash of this magnitude. That was in 2008, just before the greatest financial crisis since the Great Depression. 12 Signs That The Economy Is Really Starting...
View ArticleHalf The Country Makes Less Than $27,520 A Year And 15 Other Signs The Middle...
By Michael Snyder If you make more than $27,520 a year at your job, you are doing better than half the country is. But you don’t have to take my word for it, you can check out the latest wage...
View ArticleFORE HUNDRED LAYOFFS
Golf isn’t less popular. Golf is a discretionary expenditure for the former middle class. They are spending their dwindling salaries on gasoline, food, utilities, rent, healthcare, and tuition. Nothing...
View ArticleRENTERS R US
About that housing recovery. The U.S. population has grown by 8% since 2005, while the number of households has grown by 5%. In addition to the weak overall household growth, due to stagnant wages,...
View ArticleTRUTH – THE CURE FOR COGNITIVE DISSONANCE
“In a time of deceit telling the truth is a revolutionary act.” ― George Orwell Every time the BLS puts out their monthly propaganda report on the wonderful state of the U.S. jobs market and states...
View ArticleDEPARTMENT STORE RESULTS IMPLODING
The government issued their monthly retail sales this past week and four of the biggest department store chains in the country announced their quarterly results. The year over year retail sales...
View ArticleTHE NEW MIDDLE CLASS
“The people cannot be all, and always, well informed. The part which is wrong will be discontented, in proportion to the importance of the facts they misconceive. If they remain quiet under such...
View Article
