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I make well over 50k a year, I made nearly six figures last year, individually.
We shop at Walmart. In the south, there isn't much choice. I liked meijers when I was in Michigan, but they aren't down here. I don't like target. I buy groceries from several places. But if I need milk, or something quick and easy, Wally world is on the way home.
Again, Walmart will just have to adjust to the fact that poor folks aren't buying flat screens there anymore.
How many flat screens do people need anyways?
Once people have stuff, why do they need to buy more?
That's funny, I'm in the bottom 5% and I too shop at Walmart..
The difference being that I buy necessities there.....you probably by the newest, latest flat screen.....then buy chips and soda with your food stamps.
This is in fact what I witnessed there yesterday. A couple had a 60" TV, and then paid for their "groceries" with their "card".
Target reported an increase so your middle class shoppers are not as hurt as your low end shoppers.
And poor people usually don't have lots of extra money to buy crap at Walmart anyways.
Location: By the sea, by the sea, by the beautiful sea
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Quote:
Originally Posted by Ivorytickler
Yes. When those cuts were put in place, the assumption was that wages would be up by the time the tax holiday was over. That didn't happen. So instead of the return to higher tax rates simply eating up some of the raises people got this year, it ate up core income people needed because there were no raises. Wages are not keeping pace with the minimal inflation we have. The return to higher tax rates on top of that is hurting the economy. In a better economy, we would not have blinked when the tax holiday was over. It was a bad move in this one.
Well, since WalMart is being portrayed as the victim here, is there any indication WalMart wages have kept pace with inflation?
If that money was better distributed it could mean that our wage troubles would be over!!
Do you know how much money that equates to?
Well the "redistribute the wealth" gang finally showed up.
If the total money supply of the United States were equally distributed today, chances are that in less than two decades the people who have money now would have it all then. Some people are entrepreneurs, and some are meant to work for someone else.
Some people have a go-getter attitude, and others sit around, beat on their drums, whine about their plight, and ask the government to cover their failures.
Good question. I still have a 32 inch Polaroid flat screen that's over 10 years old.
I have an old flat screen too.
My point is most people in Walmart aren't buying big-ticket items. They buy groceries and necessities. They buy clothes and supplies for their kids in school.
The difference being that I buy necessities there.....you probably by the newest, latest flat screen.....then buy chips and soda with your food stamps.
This is in fact what I witnessed there yesterday. A couple had a 60" TV, and then paid for their "groceries" with their "card".
lol, you think I could scrape together the three hundred it would take to buy a flat screen?
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