Showing posts with label spend. Show all posts
Showing posts with label spend. Show all posts
Tuesday, December 15, 2015
Tuesday, April 7, 2015
America's Poor Spend 60% Of Their Income On Food & Housing Proving CPI Is Meaningless
http://www.zerohedge.com/news/2015-04-06/americas-poor-spend-60-their-income-food-housing-proving-cpi-meaningless
For many Americans, the rise in food and housing prices is a tough squeeze. That’s because—even in an era with low overall inflation—low-income Americans spend a disproportionate share of their money on food and housing.
New data from the Labor Department show the extent of the discrepancy. The bottom 10% of Americans, by income, devote 42% of their spending to housing and an additional 17% to food–nearly 60% of their total spending, according to the Consumer Expenditures Survey. By contrast, the wealthiest 10% of Americans dedicate only 31% of their spending to housing and 11% to food–closer to 40% of total spending…
Tuesday, May 4, 2010
A poster from 1934
These are words from a poster in 1934, a parody on the times.
Plan of Action for US
SPEND! SPEND! SPEND!
Under the guise of recovery
- Bust the government
- Blame the capitalists for the failure
- Junk the Constitution and declare a dictatorship
Labels:
capitalists,
Constitution,
dictatorship,
government,
recovery,
spend
Subscribe to:
Posts (Atom)
