US Jobs Report March 2017

The good news is that unemployment is down to 4.5%, and wages are up 2.7% annually. The bad news is Continue reading →

Data That Matters February 2017

The cause of the Great Recession was more likely rich foreclosures than poor ones because debt increased $1.6T for the Continue reading →

Great Recession Caused By Rich Houses

The conventional wisdom is that the Great Recession was caused by the collapse of the sub-prime mortgage market. The data Continue reading →

Data That Matters January 2017

The maker of iPhones has already replaced 60,000 workers with robots and may replace up to 360,000 by 2020. A Continue reading →

Wealth Inequality Correction

Last year Oxfam announced that 62 people had as much wealth as half the world. They were wrong. The right Continue reading →

More Carless Households

In America, the number of carless households has begun to rise. That’s a reversal in a trend that goes back Continue reading →

Younger Generations Poorer

The idea of every generation doing better than the previous generations has gone away, at least for a while. In Continue reading →

US Jobs Report November 2016

A common news item for the last several years, US jobs are up, unemployment is down, wages are up – Continue reading →