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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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To: MinuteGal; Jim Robinson
***people better start paying attention to what's happening to the middle class***

Certainly the Democraps are quite aware of this... they campaign on helping the middle class so no one will perceive that it is them that are plundering the middle class... the bourgeoisie [although that is really misapplied in the US: the working class is comprised only of the anti-capitalist crowd... if you are satisfied with the capitalist system then you are bourgeoisie.]

This has been a cornerstone of Hildy's campaign theme [which is a vacuous drek full of nothing but empty promises that the proletariat are supposed to enthusiastically embrace.] Of course it is the middle class that works to support this society - the Tea Party - so who else to plunder? Not the rich, which have just what the Clintoons and the Democraps want: wealth.

The Marxist Dems say that they are going to stick it to the oil companies or the big corporations. I asked some Dem 'useful idiots' once: where do the oil companies get their money? They all looked at me blankly for a while; finally I replied: they get it from you standing at the fuel pump... The politicians know you are not informed well enough to understand that when you punish big corporations with taxes, or fines, or penalties, that it is the consuming public that ends up paying that bill!

SO - like the Bolshevics and their lackeys - we all cheer for sticking it to the big guy and then wonder why, in the end, we end up impoverished.

201 posted on 07/10/2016 8:58:46 AM PDT by Bob Ireland (The Democrat Party is a criminal enterprise)
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To: FlingWingFlyer
They may be “too poor to shop” but everybody has the latest “smart” phone.

That's what drives me crazy! I'm probably the last person on earth that doesn't have a cell phone; I work from home and don't really need it.

When I visited my family in Chicago recently, I couldn't believe how everyone appears to have a smart phone. Here, too.

202 posted on 07/10/2016 3:42:16 PM PDT by proud American in Canada (God bless the United States of America)
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To: FlingWingFlyer; All

And someone I know is addicted to her cell phone. I called it her “pink appendage” because it is literally never out of her hand.


203 posted on 07/10/2016 3:43:48 PM PDT by proud American in Canada (God bless the United States of America)
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To: proud American in Canada

You DON”T have to spend a lot to have a smart phone;just look at the offering from Tracfone,T-mobile,MetroPCS,BoostMobile and other carriers.It is possible to get a smartphone for $20 or less and then spend $30 monthly or less for unlimited talk,texts, and data(you do need to turn off images if you want the usual 1gb of high speed data to last all month).Libraries and others offer free wifi for times you need to download files. With a little planning one can be always able to call/receive calls and do quite a bit of ‘net work. With the unlimited call plans you might not need a home phone.The $30 monthly cell bill is less than home phone.


204 posted on 07/10/2016 6:02:21 PM PDT by hoosierham (Freedom isn't free)
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To: hoosierham
Thanks for the info! I will check it out! 😊
205 posted on 07/10/2016 7:07:26 PM PDT by proud American in Canada (God bless the United States of America)
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To: Harmless Teddy Bear

Home ownership doesn’t matter for SNAP or heating/cooling assistance.
It does for some other welfare programs.


206 posted on 07/10/2016 7:12:00 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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bmfl


207 posted on 07/11/2016 3:51:28 AM PDT by Titan Magroyne (What one person receives without working for, another person must work for without receiving.)
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To: dynachrome

The problem is our whole economy is based on spending not producing.


208 posted on 07/11/2016 9:33:31 PM PDT by cp124 (Trade, Immigration, Intervention)
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To: dynachrome
A staggering percentage of Americans are too poor to shop

I'd bet good money that every dollar that is paid in wages will be SPENT somewhere!

209 posted on 10/07/2016 6:10:36 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: madison10
These people HAVE jobs, they aren’t making enough even with two to three jobs in the household. 2008 slammed the middle class family and they are not recovering.

Soon; their bodies; lying in the roadside ditches of America; will attract turkey vultures.

210 posted on 10/07/2016 6:12:58 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Elsie
A lot of our current retail infrastructure was built out due to the "wealth effect" of rising real estate prices a decade ago. People had no mental problem spending $400 for a kitschy glass coffee table sculpture from Thailand when their house prices were going up by $5,000/week.

That economic engine has stalled out, but the retail infrastructure is still there, cannibalizing itself with huge discounts and trying to make it by selling $39 kitschy glass coffee table sculptures from Indonesia. A 40-50% contraction is in order.

211 posted on 10/07/2016 6:17:50 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: dynachrome

ObamaNomics and the Part-Time Paradise

Now showing in communities near you


212 posted on 10/07/2016 6:21:34 AM PDT by xzins ( Free Republic Gives YOU a voice heard around the globe. Support the Freepathon!)
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