Dec 12 2008
How to get out of Debt: Can it be the American Consumer is Contributing to Deflation by Paying off Debt?
The Federal Reserve flow of funds report was issued this week and for the first time since 1951, when records started being kept household debt has actually declined. The larger meaning of this? Many Americans simply cannot take on anymore debt. What it also means is that many Americans are more reluctant to take on […]
Dec 1 2008
How much does the Average American Make? Breaking Down the U.S. Household Income Numbers.
How much does the typical American family make? This question is probably one of the most central in figuring out how we can go about fixing our current economic malaise. After all, we don’t hear many people saying in today’s world that they have too much money.