Rich Recover From Recession

The Great Recession is over – for the wealthy in the US. The median net worth of upper income households Continue reading →

US Poverty Returns To Normal

In 2016, US poverty rates finally returned to “normal”, about 12.7%, which was the rate prior to the Great Recession. Continue reading →

US Debt Exceeds GDP

It has been true for a few years now, but the US debt ($19.8T) now exceeds US GDP ($19.2T). The Continue reading →

Flat US Home Ownership

Good news, the US is recovering from the housing crisis. Not so good news, the number of people owning houses Continue reading →

US Jobs Report June 2017

Here are some nice repeating numbers: 222,000 jobs added and an unemployment rate of 4.4%. The number of jobs added Continue reading →

Retirement Fund Deficit

Good news! People are living longer. Not so good news. Retirement plans aren’t keeping up. People are now living about Continue reading →

More Wealth More Hiding

A recent study has quantified the correlation of increased wealth with increased tax avoidance. The general population avoids about 2% Continue reading →

US Jobs Report May 2017

The economic recovery continues. US job openings are near record highs at 5.7M, but there are still 6.9M unemployed in Continue reading →