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 ...
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.
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.
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.
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.
Home ownership doesn’t matter for SNAP or heating/cooling assistance.
It does for some other welfare programs.
bmfl
The problem is our whole economy is based on spending not producing.
I'd bet good money that every dollar that is paid in wages will be SPENT somewhere!
Soon; their bodies; lying in the roadside ditches of America; will attract turkey vultures.
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.
ObamaNomics and the Part-Time Paradise
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