Housing Bubble, credit bubble, public planning, land use, zoning and transportation in the exurban environment. Specific criticism of smart growth, neotradtional, forms based, new urbanism and other top down planner schemes to increase urban extent and density. Ventura County, California specific examples.
Tuesday, December 02, 2014
The American Squeeze
A WSJ Article lays bare any fantasy that the lower and middle classes are even holding ground.
The American middle class has absorbed a steep increase in the cost of health care and other necessities as incomes have stagnated over the past half decade, a squeeze that has forced families to cut back spending on everything from clothing to restaurants.
Health-care spending by middle-income Americans rose 24% between 2007 and 2013, driven by an even larger rise in the cost of buying health insurance...
Sure, we all know this from personal experience. Do you know who doesn't "know" this? The psychopaths who calculate disposable income. That's right. Personal Disposable Income is calculated before subtracting out insurance.