francoHFW
Diamond Member
- Sep 5, 2011
- 79,271
- 9,399
- Thread starter
- #61
That too. But loan costs are way too high. A scandal. Public college costs doubled just under W. You didn't mind when you and your kids were subsidized and our country wasn't a Reaganist wreck, angry white brainwashed functional A-HOLE/MORON.So why do Pubs block a GOOD jobs/infrastructure act, training for 3 million GOOD tech jobs going begging, cheap college loans, etc etc etc etc. A-hole Pubs and silly dupes who can't see the forest for the bs trees.will Obama be willing to compromise on
xl pipeline
immigration
ACA
just to name a few or are you dimwits proposing that Obama is the only branch of the federal govt that should have any say in governance?
Corporate America is seeing record profits, yet they are not including their employed wage earners in the financial end of their success. It's so obvious, it baffles one's mind how you came to such an outlandish conclusion.
You are talking about trickle down which hasn't worked. You say welfare hasn't worked, What does welfare have to do with working wage earners? They are earning their wages, they are not sitting on their ass looking for a hand out. Or is it that workers deserving to be rewarded for the contribution to a company's success now welfare?
View attachment 36010
What is it about supply and demand of economics do you not understand. A glut of workers will hold wages down, when labor is in demand wages go up. You don't like what a company pays, go elsewhere and see if your more valuable to another company, but don't expect a company to pay you more than your worth just because you show up.
It seems that you don't understand supply and demand. The demand factor means that the consumer needs money to supply the demand factor.
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Why America’s Struggling Middle Class Has Businesses Scared
The decline of the U.S. middle class has corporate America and Wall Street scared. And nobody is more frightened than America’s biggest retailers.
Five years after the 2001 recession ended, real retail spending per person had climbed 7 percent above its prerecession level. More than five years after the end of the Great Recession—August 2014—retail spending per person had finally reached its prerecession level.
Former Walmart U.S. CEO Bill Simon, whose company had seen consumer traffic drop for six straight quarters and same-store sales drop for five quarters, explained in July 2014 that “we’ve reached a point where it’s not getting any better but it’s not getting any worse—at least for the middle (class) and down.” Kip Tindell, CEO of the Container Store, put retailers’ feelings best when he said, “consistent with so many of our fellow retailers, we are experiencing a retail ‘funk.’”
The culprit is obvious: low wage and income growth for the middle class. Median household income in 2013 stood 8 percentage points below its 2007 prerecession level. The simple fact of the matter is that when households do not have money, retailers do not have customers. The failure of incomes to keep up with the growing cost of college, child care, and other middle-class staples leaves even less money for retail spending. A previous analysis by the Center for American Progress shows that this so-called “middle-class squeeze”—stagnant incomes and the growing cost of middle-class security—leaves the median married couple with two kids with $5,500 less to spend annually on food, clothes, and other essentials that retailers sell.
Retailer Revelations Center for American Progress
Yep I saw a story on Kip Tindell this morning, he decided he was going to buck the successful retail model and his company is paying the price for his ignorance. But your article brings back my point about manufacturing. An economy that is 80% dependent on consumerism is unsustainable because manufacturing is where the high wage jobs are. A good welder will make 5 times the wage of a retail clerk.
Fuck you and your cheap college loans, I'm damned tried of subsidizing other peoples kids. You want cheaper college pressure colleges to lower their tuition, they go up 2-3 times the inflation rate.