Thursday, January 21, 2016

Trend of Declining Standard of Livings Shaping Choices in US

The cost of owning and driving a vehicle, the price of car, insurance, fees, and growing privacy concerns, is rising fast. These trends are part of the steady decline in the standard of livings for the majority of Americans since 1970's. The fact that fewer Americans are getting drivers licenses should surprise no one.

Contracting standard of livings explains why lower and middle classes, recognize something is wrong without necessarily able to define it, are supporting any candidate that they believe did not contribute to this reality. This excludes most established Presidential candidates.

Headline: Fewer U.S. residents are getting a driver’s license

Fewer U.S. residents across all age groups are lining up at their local DMV to get a driver’s license.

A University of Michigan report analyzed decades worth of Federal Highway Administration data to show how the trend has declined in the period stretching from 1983 to 2014.



Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.