Quote of the day

Loading Quotes...

The Exaggerated Income Gap?

That was the title of a Barron's article this past week. There's been more and more press about the gap between the rich and the poor. In my work as a real estate agent focussing on renting to low income people, I see people who aren't lazy, but just the opposite. Showing me proof of [...]

The Income Gap

An issue that wont go away and lately, pretty tough to ignore.

When the Middle Class is No Longer

A couple weeks ago, I read a Times' article The Typical Household, Now Worth a Third Less. The punchline of this article was the fact that the US median household saw their net worth fall from $87,992 in 2003 to $56,335 in 2013. The article linked to a report, Wealth Levels, Wealth Inequality, and the [...]

What Wealth Transfer Looks Like

There's been much discussion in the news recently regarding the minimum wage, currently $7.25, and the efforts to raise it to a level which would at least keep pace with inflation. You'll hear nonsense that if the minimum wage is raised, jobs will be lost. After all, if you raise the cost of something, the [...]

Executive Compensation

This week, much of the focus of the political cartoons surrounded Santa and consumerism around the holidays. I'll pass on that for now. For me, low wages are still an obsession. I'm not a fan of the Occupy movement, only because their message was too disjointed. But I do think the minimum wage needs to [...]

← Previous