Monthly Archives: May 2014

Student debt reflects unsustainable bubble in education costs

Posted on May 21, 2014 by Danielle Park

In today’s “Single Best Chart,” Bloomberg’s Scarlet Fu displays the rising level of college debt for the class of 2014 compared to their earnings potential coming out of school. Here is a direct video link. Government-backed education loans may sound … Continue reading →

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Washington’s open secret: personal lifestyle subsidies

Posted on May 20, 2014 by Danielle Park

If America aspires to being a model democracy in the world, it has to start acting like one. Most Americans believe it’s illegal for politicians to profit from their public office but, as Steve Kroft reports, that’s not the case… … Continue reading →

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Retail sales reflecting weak households

Posted on May 20, 2014 by Danielle Park

Today we have another day, another wave of weak retail sales reports… Weak first-quarter earnings by retailing juggernauts Macy’s (M) and Walmart (WMT) have investors and industry insiders questioning the financial health of U.S. consumers. Howard Davidowitz, a longtime consultant … Continue reading →

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