Americans Are So Poor That Now Even Eating At McDonald’s Is Considered To Be “Prohibitively Expensive” For Many People

Do you want to see a very clear sign that our standard of living has gone way down?  When I was growing up, middle class and low-income Americans flocked to fast food restaurants such as McDonald’s and Wendy’s.  But now we are being told that high prices have “driven away lower-income customers” from McDonald’s, and … Read more

In America’s K-Shaped Economy, The Rich Are Getting Richer While Almost Everyone Else Is Getting The Sharp End Of The Stick

Pundits have been talking a lot about America’s “K-shaped economy” lately, but most average people on the street have no idea what that means.  Basically, it means that the wealthy are getting even wealthier while almost everyone else is getting monkey-hammered.  Yesterday, I detailed 11 signs that economic conditions in the U.S. are the worst … Read more