Personal income for American worker – Median personal income for those working in America is much less than you would think
I’m struck by how many Americans think that wages in the United States are off the charts. The typical American worker is pulling in about $26,507. At least this is the median personal income in the United States. This works out to be about $500 per week which doesn’t equate too much especially given the incredibly high [...]
New Hampshire Primary 2012 – Mainstream press focusing on everything except economy.
I don’t really have a horse in this race but watching the mainstream press cover the current election is like watching an exercise of avoiding the most important. The economy is obviously the most important item for most Americans right now. All other issues take a major back seat. Today reports were coming out highlighting [...]
Devaluing the U.S. dollar Rome style. Inflation and diluting a currency is nothing new.
Devaluation is nothing new and great empires like that of the Romans used in their ascent toward the bottom. Little by little the value of the Roman currency was diluted by putting less and less silver in their currency. Eventually the currency was so diluted that faith in the money was lost. It is never [...]