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A staggering percentage of Americans are too poor to shop
NY Post ^
| 7-6-16
| Lisa Fickenscher
Posted on 07/08/2016 8:29:44 PM PDT by dynachrome
Retailers have blamed the weather, slow job growth and millennials for their poor results this past year, but a new study claims that more than 20 percent of Americans are simply too poor to shop.
These 26 million Americans are juggling two to three jobs, earning just around $27,000 a year and supporting two to four children — and exist largely under the radar, according to America’s Research Group, which has been tracking consumer shopping trends since 1979.
(Excerpt) Read more at nypost.com ...
TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: bhoeconomy; collapse; debt; default; ebt; economy; obamalegacy; poor; poverty; repudiation
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I don't see a slow down around where I live, but Colorado is a boom area.
To: dynachrome
“earning just around $27,000 a year and supporting two to four children”
Does this include the EBT and/or other welfare programs?
2
posted on
07/08/2016 8:31:00 PM PDT
by
dynachrome
(When an empire dies, you are left with vast monuments in front of which peasants squat to defecate)
To: dynachrome
The clue to going shopping is GET A JOB.
3
posted on
07/08/2016 8:31:41 PM PDT
by
FlingWingFlyer
(Let's Make Our Founding Documents Great Again!)
To: dynachrome
I simply buy what’s a good value.
I don’t need the latest and greatest to enjoy life.
4
posted on
07/08/2016 8:32:09 PM PDT
by
goldstategop
((In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever))
To: dynachrome
It’s the 8th Summer of Recovery! Yippee!
5
posted on
07/08/2016 8:32:56 PM PDT
by
TheConservativeParty
(TRUMPNADO Congrats Brits on your Independence Day June 23,2016)
To: dynachrome
They may be “too poor to shop” but everybody has the latest “smart” phone.
6
posted on
07/08/2016 8:33:16 PM PDT
by
FlingWingFlyer
(Let's Make Our Founding Documents Great Again!)
To: dynachrome
I take it the illegal aliens 0bama and Democrat are bringing here shop more.
7
posted on
07/08/2016 8:34:03 PM PDT
by
combat_boots
(The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
To: goldstategop
“don’t need the latest and greatest to enjoy life.”
That’s un-American!/sarc
8
posted on
07/08/2016 8:34:26 PM PDT
by
dynachrome
(When an empire dies, you are left with vast monuments in front of which peasants squat to defecate)
To: dynachrome
They aren’t poor, they are men.
9
posted on
07/08/2016 8:34:46 PM PDT
by
Sgt_Schultze
(If a border fence isn't effective, why is there a border fence around the White House?)
To: FlingWingFlyer
10
posted on
07/08/2016 8:34:47 PM PDT
by
hoosierham
(Freedom isn't free)
To: dynachrome
There are no poor in this country. Zip. Zilch. Nada.
Haiti. Not THAT’S poor.
11
posted on
07/08/2016 8:36:44 PM PDT
by
dfwgator
To: dfwgator
s/b Haiti. Now THAT’S poor.
12
posted on
07/08/2016 8:37:04 PM PDT
by
dfwgator
To: goldstategop
Same here. I dont get why you need the latest Iphone model when they scam you for the next in 6 months.
13
posted on
07/08/2016 8:37:47 PM PDT
by
max americana
(fired every liberal in our company at every election cycle..and laughed at their faces (true story))
To: dynachrome
No, they make too much money for those things.
14
posted on
07/08/2016 8:39:43 PM PDT
by
Harmless Teddy Bear
(Proud Infidel, Gun Nut, Religious Fanatic and Freedom Fiend)
To: dfwgator
15
posted on
07/08/2016 8:41:05 PM PDT
by
Lurker
(Violence is rarely the answer. But when it is it is the only answer.)
To: goldstategop
16
posted on
07/08/2016 8:42:01 PM PDT
by
upchuck
(I'm hanging here until my Free Republic 401K is fully vested.)
To: dynachrome
West Side Pavillion on the more wealthy side of Los Angeles just dying.
17
posted on
07/08/2016 8:42:16 PM PDT
by
A CA Guy
(God Bless America, God Bless and keep safe our fighting men and women.)
To: FlingWingFlyer
They have a job.
And it pays all of a magnificent $10.10 an hour.
And that is a good wage, I just had people on FR tell me so today.
18
posted on
07/08/2016 8:42:24 PM PDT
by
Harmless Teddy Bear
(Proud Infidel, Gun Nut, Religious Fanatic and Freedom Fiend)
To: dynachrome
Stupid article. My kids are all minimalists, it’s in vogue. They don’t like/want stuff.
To: dynachrome
“Nearly half of all Americans have not seen an increase in salary over the last five to seven years, and another 28 percent have seen their take-home pay reduced by higher medical insurance deductions or switching to part-time jobs, ARG found.”
Maybe if O didn’t mandate Employers or Employees pay for the God awful Obamacare or penalty they would still be working 40 hrs a week instead of 30 or less.
FUBO
20
posted on
07/08/2016 8:44:55 PM PDT
by
funfan
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