The silence is deafening. While the rest of the nation is heading back toward a double dip, Washington continues to obsess about future budget deficits. Why?
Republicans don’t want to do anything about jobs and wages. They’re so intent on unse…
Tag Archive for Wages
Bears Chat, Best of the Forums
Housing Apocalypse Tomorrow
by Bears Chat at The Wall Street Examiner • • 0 Comments
There will be no sustainable housing recovery until the shadow inventory is cleared out. As of April with the latest data close to 6.4 million loans are delinquent or in foreclosure. This is a massive number of homes. What is downright disturbing…
Bears Chat, Best of the Forums
Priced in Gold, Is Housing a Buy?
by Bears Chat at The Wall Street Examiner • • 0 Comments
In terms of the median price, it took almost 600 ounces of gold to buy the median priced house in 2005.
Then housing collapsed, and gold rocketed from $500/oz to $1,500/oz. As a result of housing declining by 40% and gold tripling, the ratio has pl…
Bears Chat, Best of the Forums
50 things you should know about the Economy’s Collapse
by Bears Chat at The Wall Street Examiner • • 0 Comments
Right now, we are witnessing a truly historic collapse of the economy, and yet most Americans do not understand what is going on. One of the biggest reasons why the American people do not understand what is happening to the economy is because our p…
Bears Chat, Best of the Forums
3 Trends Stifling Wages and Pushing Home Prices Lower
by Bears Chat at The Wall Street Examiner • • 0 Comments
We have troubling economic headwinds that are being felt on the shoulders of many American families. Over a decade of stagnant wage growth is taking a toll on the psyche of many. Many large cities still have inflated home prices yet these bubbles …
Bears Chat, Best of the Forums
Reliance on Uncle Sam hits a record
by a Wall Street Examiner • • 0 Comments
Americans depended more on government assistance in 2010 than at any other time in the nation’s history, a USA TODAY analysis of federal data finds. The trend shows few signs of easing, even though the economic recovery is nearly 2 years old.
A record…
Bears Chat, Best of the Forums
Real U.S. Wages DECLINE 1% in March
by a Wall Street Examiner • • 0 Comments
Back in February, in Smells like Stagflation, we noted that most companies were planning to increase prices. Yet businesses were not planning wage increases.
Today Bloomberg reported on this troubling scenario, which appears to be playing out.
The …
Bears Chat, Best of the Forums
The 10 Industries That Pay Women The Least
by a Wall Street Examiner • • 0 Comments
Women continue to struggle for equal rights in the workplace. For at least two decades, they have earned 80% of the wages of men doing equivalent jobs. That should be a shock to most people since the feminist movement is several decades old. Sadly…
Bears Chat, Best of the Forums
This Is What Class War Looks Like
by a Wall Street Examiner • • 0 Comments
The wealthiest 5% of Americans control 72% of America’s financial wealth. The bottom 80% control only 7% of the nation’s financial wealth. The richest 400 Americans have more combined wealth than the poorer HALF of all Americans. That means 400 p…
Bears Chat, Best of the Forums
U.S. Economy Trades High-Paying Jobs for Low-Paying Ones
by a Wall Street Examiner • • 0 Comments
In the last 12 months, the U.S. economy has largely traded high-quality jobs for poorly-paid positions, according to a new report by the National Employment Law Project.
Though the economy has added more than a million jobs over the last year, new…
