Purchasing Power Sits Idle in the Basement

Studying and understanding demographic trends is critical when predicting generational spending patterns and long-term economic trends in our economy and markets.

The Pew Research Center estimates that in 2012, 57 million Americans lived in multi-generational households, which is defined as two or more adult generations under the same roof. This is more than twice the number of people in such arrangements in 1980.

To be clear, no one thinks there’s a rush to bring the aging parents of boomers back into the family home.

This is all about the kids who, at this point, have finished their education but have yet to move out (whether by choice or circumstance)… or have moved back with their parents, new families in tow, because of unemployment or financial troubles.

There are a million jokes and humorous stories about kids that won’t leave, even a movie (Failure to Launch, 2006), but for those of us with kids in college, this is not a laughing matter.

This question goes well beyond my fears of seeing more cars in the driveway and dishes in the sink. It’s at the heart of our nation’s ability to grow.

Shut down the remainder of the factories, if there are any of them continuing to run. For the fight in general and for your property values, make sure that every county in the country has zoning laws against manufacturing or building anything. Put more effort into politics, while you still have all of the political influence.

[Little irony and sarcasm there.]

Heavy Hitters: Top All-Time Donors, 1989-2014
http://www.opensecrets.org/orgs/list.php
American Fedn of State, County & Municipal Employees $60,949,129 [Democrat] 81% [Republican] 1%”
National Cmte to Preserve Social Security & Medicare $10,414,606 [Democrat] 82% [Republican] 17%

Leviathan (Uncle Sam employs more people than you think)
National Review ^ | 02/03/2011 | Iain Murray
"...nearly 40 million Americans employed in some way by government."

About "70 million" people are receiving good incomes but are also steeped in debt, and most of them can't borrow more for big ticket items. Meanwhile,...

More Than 101 Million Working Age Americans Do Not Have A Job
http://www.freerepublic.com/focus/f-bloggers/3005481/posts

"Purchasing Power Sits Idle in the Basement"

There's no purchasing power there. Most adult Americans now have no purchasing power. You're running on debt fumes, and even those will stop soon enough. This decline was started by man-hating, misogamy (family-hating) and now general misanthropy. Have fun. Enjoy the slide.

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