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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 Americas 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
“dont 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 THATS 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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