U.S. Economy – Are You Really Better Off?
WASHINGTON, DC. There has been much misinformation that has been pushed to American to make them think that the U.S. economy is better off and so are Americans. Being better off is a relative question and can depend on where you like, the local job market and local economy and one’s personal net-worth or overall happiness.
One might argue the economy is better than it was in say 2007-2009. But we can also say the U.S. economy was better off in the mid-1980’s. We can further say the economy is better off since the 1930’s. In general how are people really doing now?
We just pulled a bunch of charts from the St. Louis Federal Reserve, U.S. Census, 3rd party research, and proprietary research based on the U.S. government’s own data, which has some mixed results. We hope you like charts, because here they are:
Take a look at our most comprehensive chart analysis to date!
Quick review of brief discussion with each charts:
Negative U.S. Trade Balance: Creates Demand for Foreign Jobs
Civilian Labor Force Participation Rate
– Who was right about NAFTA — in 1992! (1 min 9 second video)
Welfare Soars Under President Obama
Total Consumer Debt At All-Time High
U.S. Consumer Motor Vehicle Debt At All-Time High
U.S. Mortgage Debt Climbing Back to All-Time High
U.S. Home Ownership Rate Lowest Since 1965
Student Loan Debt at an All-Time High
Healthcare Costs Soaring in USA
Think Socialized Healthcare is Cheaper in Europe? Guess Again.
Bright Side: Personal Income Up
Official Unemployment/ Underemployment at 9.7%
Record Poverty in U.S.A. – Worst Since 1959
Why U.S. Economy is Failing
Total U.S. National Debt At All-Time Record High
U.S. Federal Reserving Holding $2.8 Trillion U.S. Debt.
U.S. Debt as Percentage to GDP
– U.S. Credit Rating Downgrades
Commentary
– Choice in 2016: Presidential Election
Links to: Supplementary Election Reports
– Election 2016: Compare Trump v Clinton on Taxes
– Is the U.S. Constitution at Risk in Election 2016?
– Why Voting and Elections Matter
– The Cost of Not Voting: 7.2 Million Registered California Voters Did Not Bother to Vote