America’s middle class families eat more fast food than poor families: study

fast food

Researchers say the new study throws into doubt previous claims that fast food restaurants were the primary cause of obesity.

Middle class families in the U.S. eat more fast food than less-healthy poor ones, according to a new study from the University of California, Davis.

 

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Number of America’s poorest poor hits record high: 1 in 15

uspoorest

1 in 15 people are among America’s poorest.

The number of America’s poorest poor have climbed to a record high — 1 in 15 people — spread widely across metropolitan areas as the housing bust pushed many inner-city poor into suburbs and other outlying places and shriveled jobs and income.

 

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11 charts that explain the financial inequality in America

inequality-page25_1

How rich are the superrich?

A huge share of the nation’s economic growth over the past 30 years has gone to the top one-hundredth of one percent, who now make an average of $27 million per household. The average income for the bottom 90 percent of us? $31,244.

 

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Debt problems plague older Americans

postponing retirement

Many Americans have to postpone retirement.

Many Americans are reaching their 60s with so much debt they can’t afford to retire.  Before retiring most people would pay off their debts. But as wages have barely kept up with rising prices over the past 35 years Americans have pushed debt higher, living beyond their means. Now, people are postponing retirement, cutting living standards or both.

 

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Top 25 CEO’s earned more than their company’s tax bills

top ceo's

The gap between CEO and average U.S. worker pay rose from a ratio of 263-to-1 in 2009 to 325-to-1 last year.

A report released Wednesday from the Institute for Policy Studies shows many large companies pay more to CEOs in compensation than they did in corporate income taxes to the federal government in 2010.

 

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The economics of living together without getting married

cohabitation1

Cohabitation plays a different role in the lives of adults with and without college degrees.

In the United States cohabitation is an increasingly prevalent lifestyle. The number of 30- to 44-year-olds living as unmarried couples has more than doubled since the mid-1990s. Adults with lower levels of education — without college degrees — are twice as likely to cohabit as those with college degrees.

 

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Unplanned pregnancies increase among low-income women

unplanned pregnancy

The unplanned pregnancy rate among women with incomes below the federal poverty line jumped by 50 percent between 1994 and 2006.

Nearly half of all pregnancies in the United States are unplanned and they are increasingly concentrated among low-income women, according to a new study.

 

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Americans Pessimistic About Income Growth

tighten belts

Americans tighten belts as they are squeezed by rising prices and stagnant wages.

Consumers are being squeezed on both sides by wages that aren’t increasing and rising prices.  According to survey data by Goldman Sachs, the number of people who believe they will bring home more money one year from now is at its lowest in 25 years.

 

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Gas Prices Widening Gap Between Wealthy and Everyone Else

saks 

The rich are back to pre-recession-style splurging.

A wider wedge is being driven between the wealthy and everybody else due to high gas prices.  The rich are back to pre-recession-style splurging: Saks Fifth Avenue and Nordstrom customers are treating themselves to luxury items like $5,000 Hermes handbags and $700 Jimmy Choo shoes, and they’re paying full price.

 

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