U.S. jobs pay an average 23% less today than they did before the 2008 recession, according to a new report released on Monday by the United States Conference of Mayors. In total, the report found $93 billion in lost wages…. Read More ›
Great Recession
Household Wealth Still Down 14 Percent Since Recession – Federal Reserve Knowingly Lied
2/27/14 – Faults in the Federal Reserve Claim that Household wealth was highest since records began in 1945 – it included accounts held by foreigners living outside of the United States – It didn’t adjust for inflation or population growth – it… Read More ›
Carsey Institute: 39 percent of unemployed Americans are seeking work for 6+ months
New UNH research looks at long-term unemployment in wake of the recession IMAGE: This graphi shows the unemployment rate and long-term unemployed for 2007-2013. Click here for more information. DURHAM, N.H. – Thirty-nine percent of unemployed… Read More ›
Is Europe on the verge of a popular uprising?
Europe’s ‘crisis after the crisis’ poses uncertainty in 2014 14 Dec 2013 The question was asked by one of Greece’s most respected newspapers as another year of painful austerity drew to a close. If public anger does explode on… Read More ›
The average American household is now earning LESS income than it did at the end of the Great Recession
Race, age, and geographic location all factor into how badly households have been hit by post-recession money woes Only householders aged 65-74 saw an increase in average income By Ap Reporter and Daily Mail Reporter PUBLISHED: 16:04 EST, 22 August… Read More ›
Engineering Evil 