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  • America's biggest fear could be a Chinese economic decline
    America's biggest fear could be a Chinese economic decline
    Over the past month, not only have indicators in the U.S. warned that America's economy is in recession, but those in Europe and the Far East have indicated this as well. And with China reporting on Aug. 1 their first decline in manufacturing...
  • Understated Luxury
    Understated Luxury
    One trend that has been building since the recession started is the trend of understated luxury pieces. This trend is still continuing. People aren't wearing designer pieces with flashy logos right now. People aren't wearing their good...
  • High GDP numbers for Q3?  We can thank Obamacare and forced consumer spending
    High GDP numbers for Q3? We can thank Obamacare and forced consumer spending
    On Dec. 23, the Bureau of Economic Affairs (BEA) issued their revised GDP numbers for the 3rd quarter of 2014. And while the overall aggregate of consumer spending was down for most of the reporting period, one revision in particular helped...
  • Higher Education
    Declines in enrollment
    U.S. college and universities experienced for the second straight year a decline in enrollment.College enrollment dropped 2.3 percent to 19.5 million, a decrease of 463,000, according to a recent U.S. Census Bureau report.Higher percentage in...
  • How much is too much?
    U.S. firms are adding more debt
    The sharp tick-up of corporate debt should sound a warning to investors: The increasing returns they are currently enjoying are coming from the stretching of balance sheets, and not from genuine growth of their investments.History, as every...
  • Bush tax cuts cost each American $48,000 in lost income over 12 years report finds
    Bush tax cuts cost each American $48,000 in income over 12 years report finds
    A new analysis by Pulitzer-Prize winning reporter David Cay Johnston, formerly of the New York Times, found that rather than boost the economy, the Bush tax cuts actually robbed each American taxpayer of $48,000 in pre-tax personal income during...
  • Obama at presser
    Obama’s claims about lower health care costs under ACA shot down by NYT?
    "The truth will out." Even a liberal rag like the New York Times will suffer a pang of conscience every now and then that forces them to publish the facts in place of left-leaning opinion, if only for a fleeting moment.One such moment...
  • Economic reality contradicts political spin
    Economic reality contradicts political spin
    While politicians concerned with winning elections continue to insist that the economy is in a solid recovery the numbers tell a much different story. While it is true that the economy is growing and that by definition means recovery, the anemic...
  • Radio Shack is closing stores around the nation
    Radio Shack closing stores: One fifth of United States locations being shuttered
    Radio Shack is about to shutter 1,100 stores in the United States. That's about one fifth of all the locations of these electronics stores in this nation. This move comes after the chain's stock dropped by 16 percent.On March 4, the...
  • Scary Parallel
    2014 a wild ride ahead
    Between the CBO (Congressional Budget Office) report issued last week and other signs, 2014 will prove to be an interesting year. We are into the sixth year of the Obama presidency, seven years since the recession and five years into &ldquo...
  • Economy's downturn five years ago impacting alcohol use today
    Economy's downturn five years ago impacting alcohol use today
    The recession of 2008-2009 has a long reach when it comes to alcohol use disorders, aka alcohol abuse and the disease of alcoholism. New research in Alcoholism: Clinical and Experimental Research indicates some Americans still struggle to make...
  • Holiday shopping numbers forecast economic recession in 2014
    Holiday shopping numbers forecast economic recession in 2014
    On Nov. 14, Gallup published a new poll which showed that most Americans will be spending approximately 10% less this holiday shopping season than last year, and upwards of 19% less than in 2007 and 1999. Because of these steep estimated declines,...
  • Industrial Plant Workers
    Can America provide enough jobs?
    Currently there are 155 million in the civilian workforce. About 11.3 million[1] or 7.2% are unemployed and 144 million have jobs, many without security.In the last five years, the employment–population ratio has gone from 61.9% in September...
  • U.S. economy
    Female participation in labor force hits 24-year low
    Man, life in Obamaville gets tougher by the day. First, the man who rose to prominence thanks to the tech savviness of his handlers finds that his signature legislation — the law that will define his legacy — is a technological...
  • Recession may have led to rise in vasectomies
    Recession may have led to rise in vasectomies
    The financial crisis of 2008 and lingering economic woes are having an impact on men's reproductive decisions, a report noted on Health Day News Tuesday.In 2009, many urologists reported anecdotally that they were fielding more requests for...
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