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Strapped Americans Headed for “Civil Unrest and Riots,” With Poor Spending 60% on Bare Essentials
SHTF ^ | 4/8/2015 | Marc Slavo

Posted on 04/09/2015 6:04:35 AM PDT by HomerBohn

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To: HomerBohn

Bare essentials like cigarettes and booze and lottery tickets.


61 posted on 04/09/2015 9:22:52 AM PDT by Old Yeller (Civil rights are for civilized people.)
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To: expat2
Or can no longer buy $200 sneakers.

They kill people or have flash mobs for those.
62 posted on 04/09/2015 9:24:02 AM PDT by Old Yeller (Civil rights are for civilized people.)
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To: fwdude
"Who ever paid that much for sneakers, rich or not? Ridiculous."

There was a thread around here a number of years back where some here were discussing having a toe removed for the "privilege" of paying $5000 to wear an unusually narrow shoe.

Its not just ridiculous, I truly believe it is a mental health problem and it doesn't just effect the "poor".

63 posted on 04/09/2015 9:42:49 AM PDT by gnarledmaw (Hive minded liberals worship leaders, sovereign conservatives elect servants.)
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To: HomerBohn

>> The bottom 10% of Americans, by income, devote ...an additional 17% to food<<

Because they don’t know how to, or don’t simply care to, shop smart on a budget. When your food is ‘free’, courtesy of Taxpayer-funded Food Stamps, grocery shopping at the convenience store is easier than making a list, comparing prices, and driving to the discount grocers.


64 posted on 04/09/2015 9:47:24 AM PDT by ItsOurTimeNow ("I'm not questioning your honor...I'm denying its existence." - Tyrion Lannister)
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To: Pan_Yan

Excellent statement!


65 posted on 04/09/2015 9:54:36 AM PDT by CodeToad (Islam should be outlawed and treated as a criminal enterprise!)
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To: MrB

You are correct.

My wife and I were rewarded for being hardworking parents, who raised successful children with a tax system that left us with about 40% of what we earned after taxes.

Then. living in Californicator land, we paid sales tax on everything but food in the grocery stores after that.

Next, there were the so called hidden taxes known as fees for our vehicles and other things.

So our so called being rich, 6 figure income was whacked down to not that great of a 5 figure income. Also, due to the Fica penalties, I stopped paying into the system. As and independent contractor, I was paying double Fica taxes. So the system due to its penalties lost any more contributions/taxes from me.


66 posted on 04/09/2015 10:33:49 AM PDT by Grampa Dave (When will Sisi, Bibi, King Abdullah & ?, take out Isis in our White House, AG Dept, CIA, & State?)
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To: HomerBohn; Kartographer; Travis McGee

bump


67 posted on 04/09/2015 10:37:27 AM PDT by GeronL (CLEARLY CRUZ 2016)
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To: HomerBohn
even in an era with low overall inflation

They are fooling nobody, everyone knows prices on food and stuff has been rising quickly

68 posted on 04/09/2015 10:38:51 AM PDT by GeronL (CLEARLY CRUZ 2016)
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To: HomerBohn

Many of them will blame capitalism and Republicans though


69 posted on 04/09/2015 10:40:07 AM PDT by GeronL (CLEARLY CRUZ 2016)
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To: EBH

Yep. How much is the average west European spending on housing and food? Japan? South Korea?


70 posted on 04/09/2015 10:43:17 AM PDT by GeronL (CLEARLY CRUZ 2016)
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To: servantboy777

When you buy an item from the grocery store, like a can of soda or loaf of bread, ever thought about how much of the price (not sales tax) is built-in taxes that the companies paid?


71 posted on 04/09/2015 10:45:04 AM PDT by GeronL (CLEARLY CRUZ 2016)
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To: Mich Patriot

True, but that wasn’t dude’s point....I don’t have a point, but $400 sneaks are beyond the pale. The only ones wearing them (that you see) are the ones who killed for them, stole them or were given to them for pushing drugs for other people.


72 posted on 04/09/2015 11:15:38 AM PDT by Safetgiver ( Islam makes barbarism look genteel.)
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To: Safetgiver

Agreed, and maybe a few very spoiled rich brats among the group. :)


73 posted on 04/09/2015 11:19:34 AM PDT by Mich Patriot (Trayvon Martin and Michael Brown were judged by the content of their character.)
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To: HomerBohn

We are all being squeezed. Have you seen the price of ammo lately?


74 posted on 04/09/2015 11:25:10 AM PDT by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
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To: fwdude
We really have no true “poor,”

Agreed, in Haiti these people would be considered Upper Class.

75 posted on 04/09/2015 11:26:42 AM PDT by dfwgator
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To: Pan_Yan
My teenage son and I were watching people come to the food pantry driving nice SUVs and with cell phones and jewelry.

"Food pantries"/"food banks" are how people can be on food stamps, and be buying steak and lobster. They get their staples from the food pantry, leaving most of their food-stamp allotment to spend on what you and I consider luxuries.

The USDA 2014 budget is $146 billion, with 72% allocated towards "food assistance" programs. Then there's the state and local programs.

"Means-tested" programs are like an iceberg -- 90% is hidden under the surface. If you are a regular person down on his luck, you are not likely to find out about all these programs. But if you are an urban underclass Dem voter, your Democrat Party block-captain will know ALL about the various programs and sources of goodies, and will help you with the paperwork, PROVIDED you show up on election day.

76 posted on 04/09/2015 11:45:58 AM PDT by PapaBear3625 (You don't notice it's a police state until the police come for you.)
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To: EBH
They are talking proportion.

Yes, I would expect a poor person to spend proportionally more on food and housing than a rich person?

There is little to no logic in the argument as presented.

The comparison should have been decade to decade with the same class group.


What surprises me is that the poor's number is only 60% on food/housing. That leaves a decent portion of their income available, as there's not really anything else you can consider bare essentials.
77 posted on 04/09/2015 11:59:08 AM PDT by Svartalfiar
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To: HomerBohn
I don't care so much about the nonworking "poor" who have access to food, health care, transportation,and phones better than most workers do....

I care about the working class...the middle class....their the ones struggling to pay the taxes and the bills....

78 posted on 04/09/2015 12:28:55 PM PDT by cherry
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To: fwdude

seriously, my mother would buy us “sneakers” from the discount cart at the A&P....


79 posted on 04/09/2015 12:31:02 PM PDT by cherry
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To: fwdude

don’t forget the tattoos..they all have tattoos and/or piercings...


80 posted on 04/09/2015 12:32:10 PM PDT by cherry
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