Ready To Delete The Fed And Congress Yet?

Once in a while you read something that has a nugget of truth in it — on accident.
That is, the writer didn’t intend to enlighten, and for 99% of the people in the country, it won’t — because America is, for the most part, an innumerate nation.
It is for this very reason that I have pounded my head against the wall on this web page for over 10 years. If the people of this nation were not innumerate there would have been an utterly vicious reaction by now and not one single politician — or Fed President — would still be in office. None.
They’d have either left peacefully or piecefully long ago.
So with that in mind read the following from an NPR article on the horrid living conditions in a Dallas suburb and the cost-push problems that are outlined therein:
Across the country, the majority of poor families are spending more than half of their already small incomes just to cover rent. And while median rent has increased 70 percent over the past two decades, housing conditions haven’t improved, according to a 2015 Harvard study.

This post was published at Market-Ticker on 2017-12-23.