The chart below reveals much about what has happened since Nixon closed the gold window in 1971, allowing politicians, controlled by the Wall Street banking cabal, to spend our country into $33 trillion of debt, […]
Ironically, their ample compensation allows them to avoid the poor-quality services they’ve designed for everyone below them. If we define middle class by the security of household income and what that income can buy rather than by an income level, what […]
CHARLES HUGH SMITH What cannot be replaced by corporate chains is neighborhood character and variety. There is much more to this article than first meets the eye: In a Tokyo neighborhood’s last sushi restaurant, a sense […]
CHARLES HUGH SMITH Rounding up the usual suspects won’t restore a vibrant middle class. What killed the middle class? The answer may well echo an Agatha Christie mystery: rather than there being one guilty party, it […]
By Michael Snyder It looks like the effort to repeal Obamacare is completely dead, and that says a lot about the current state of the Republican Party. For decades, RINOs (Republicans In Name Only) have […]
THEN ONE/WIRED IN FEBRUARY 1975, a group of geneticists gathered in a tiny town on the central coast of California to decide if their work would bring about the end of the world. These researchers […]
By Michael Snyder Not all jobs are created equal. There is a world of difference between a $100,000 a year energy industry job and a $10 an hour job running a cash register at Wal-Mart. […]
Posted on 15th February 2016 by Administrator in Economy It is now self-evident to any sentient being (excludes CNBC shills, Wall Street shyster economists, and Keynesian loving politicians) the mountainous level of unpayable global debt […]
By Michael Snyder What you are about to see is more evidence that the growth of poverty in the United States is wildly out of control. It turns out that there is a tremendous amount […]
Michael Snyder This article was written by Michael Snyder and originally published at his End of the American Dream blog. Editor’s Comment: The Middle Class is mostly now a memory. Statistically, the majority of all […]
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