Since Jan. 2000, everything has skyrocketed: the price of oil has risen 315 percent, one dozen eggs increased more than 100 percent, a movie ticket jumped 95 percent, coffee shot up 53 percent and the list goes on. The chart highlights the soaring price inflation affecting consumers, something that ostensibly is non-existent, according to governments, […]
Archives for November 2014
‘Gray Thursday’ – More retailers are opening up earlier on Thanksgiving
Kmart announced Tuesday that it would be opening its doors at an unprecedented 6 a.m. on Thanksgiving Day. The fledgling retailer beat out its competitors as other stores – Sears, J.C. Penney and Macy’s – decided to open up in the early evening part of Thanksgiving. This trend of opening earlier and earlier on Thanksgiving […]
Study: Number of first-time homebuyers falls to lowest level since ’87
A majority of first-time homebuyers is the millennial generation, a demographic born between the early 1980s and early 1990s, and also one that is enduring a lot of suffering: record student loan debt, high consumer debt levels and a questionable labor market. A new study also suggests that the number of first-time homebuyers has descended […]
Infographic: Washington is booming, while the rest of America crumbles
A significant portion of the United States is still in economic disarray with a labor market that is in shambles. People are stuck in the horrific cycle of living paycheck to paycheck; if a hosuehold member were to lose their job the entire family would be in disrepair. The same can’t be said about Washington. […]
Vintage Ron Paul: ‘Economic crisis on our doorstep’ (video)
Former Texas Republican Congressman and three-time presidential candidate Ron Paul has been a leading libertarian thinker since the 1970s. There have been numerous videos of him speaking at conferences, rallies and on television released since his rise to prominence in 2008. The most interesting aspect of these videos is that they have been very consistent. […]