US Salaries Down 23% Since 2008

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. Jobs lost during the recession paid an average $61,637. As of 2014, jobs in the…

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 included wealth held by nonprofits and not just households – Those who suffered the most were…

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 the streets, wrote Kathimerini, it will not be provoked by politicians or labour unions, but…