Amid soaring inequality [3] and stagnant wages [4], consumers in the United States collectively accumulated a stunning $34.4 billion in credit card debt during the second quarter of 2016 alone,…
Great Recession
Despite living in what is likely the wealthiest nation to ever have existed, Americans sure are having a hard time getting by. As most people are…
The last 20 years have brought great wealth to a few while most of the population was lucky to break even. Whether you’re a member…
Over the last few years, a growing numbers of authors have convincingly argued that America’s social order is in a deepening crisis. Among these studies…
Anew Pew Research Center analysis of General Social Survey data confirms a long-simmering trend in U.S. religious observance: While attendance at religious services has declined for…
If you’re confused about why American economic growth has been so disappointing, consider this: US government investment in capital, research and development, and education and…
“Some people think they can lie and get away with it,” said former Defense Secretary Donald Rumsfeld with feigned outrage. And, of course, he has never…
Comparing the growth in the number of full time jobs versus the growth in new home sales starkly illustrates both the horrible quality of the new jobs,…
As the economy again started off the year on a sour note, the glass-half-full crowd pointed to the strength of the U.S. jobs market as…
San Francisco — with its tech boom and housing crunch — is infamous for Ellis Act evictions that force tenants out of a building and…
Climate scientists and others have in the past few years issued a steady stream of analyses showing that without immediate remedial actions, a disastrous future…
Interview with Odysseas Papadimitriou, CEO of CardHub, on their latest study examining the accelerating increase in credit card debt levels, why he thinks this is…