In the 2009-2019 decade following The Great Financial Crisis, the top 5% experienced the greatest income increase of all Americans, further widening income disparities between the top and everyone else. Contributing to the wealth gap, during the same 2009-2019 decade, Millennials racked up nearly $893 billion in student loan debt to purchase college degrees as…
Graph courtesy of The Wall Street Journal Current college students, many who find themselves at home though would rather be finishing their school year on college campuses around the country, will be confronting along with their older colleagues who graduated college in 2019, 2018, a possibly more complicated problem that of protracted unemployment. In addition,…
Hat Tip to ZeroHedge, April 14, 2020 If 10% of Americans will not immediately return to “life as normal” and 71% of Americans will act with caution once the “all-clear” is sounded, what will the “new normal” look like? And, particularly if parents are part of the 71% or 10%, how will we educate their students,…
As the graph above shows, for counties in the “Acceleration” and “Late Accumulation” stages, including the United States, the peak of the first wave of COVID-19 infections appears imminent, while countries like China and Korea are in the recovery stage of the cycle. So, the current efforts to “tampen the curve” by sheltering in place…
