Sunday, August 18, 2013

Hamstrung Recovery: 70% Part-time Jobs Since January 2009, Food Stamps Up 57%

We know that the employment situation in the US is terrible with 70% of jobs created since January 2009 being low-paying, part-time jobs.

And median household income keeps declining.

After reading James Hamilton’s horrifying paper on the size of off-balance sheet liabilities for America, I thought I would put together the following table to you could see the household share of government debt, entitlements and The Federal Reserve Balance Sheet.

Read more at Confounded Interest

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