7.8% Unemployment Equals 14.7%

Bottom line: 7.8% unemployment actually equals 14.7% unemployment, or better said, underemployment. U-3 masks the full math of U-6. U-3 is going down, not because there are more jobs, but because record numbers of people are leaving the workforce… Continue Reading7.8% Unemployment Equals 14.7%

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Marketing Strategy: Wealth Over Debt

“We’re doing all the wrong things. We’re adding to the problem, not subtracting. We are not allowing the debt to be worked down and liquidated. We’re not asking people to save more and consume less, which is what we really need to do…” Continue ReadingMarketing Strategy: Wealth Over Debt

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The Dangers Of Too Much Government Debt

Too much government debt means too much spending.  The dangers of too much government debt are becoming more ominous.  Or, better said, state and federal governments can’t continue to spend money they don’t have, expecting the tax payers to make up the difference.  In your own personal budget, you can’t spend more money than you have and expect to reduce or eliminate debt.  Your financial marketing strategy and decisions matter, too.  Watch your business and personal debt.  Reduce and eliminate it.  And, if at all possible, grow your small business based on revenue, not borrowing.  And, monitor the U.S. government’s Continue ReadingThe Dangers Of Too Much Government Debt

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