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In reply to the discussion: Kunstler--Scale Implosion: After Ruining America, the Era of Giant Chain Stores Is Over [View all]Quantess
(27,630 posts)5. He wishes!
If the big-box model is poised to fail spectacularly, then what is going to be successful in its place? I'm not seeing it. This looks like wishful thinking.
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Kunstler--Scale Implosion: After Ruining America, the Era of Giant Chain Stores Is Over [View all]
eridani
Feb 2013
OP
except that the top 20% drives 60% of it. the bottom 60% = about 40% of consumer spending.
HiPointDem
Feb 2013
#29
Sorry, you're misinformed. and it follows logically from the distribution of income.
HiPointDem
Feb 2013
#37
The bottom 50% of earners take home 12% of income. You can't spend more than you get.
HiPointDem
Feb 2013
#39
totally "accurate"? what? Is the IRS pushing a myth too, when they tell us the bottom 50% of
HiPointDem
Feb 2013
#48
You obviously do. Its not taxes itself that drive the economy. Its consumers.
Katashi_itto
Feb 2013
#49
OH? "Its not taxes itself that drive the economy. Its consumers". Yes, and the bottom 50% of
HiPointDem
Feb 2013
#56
i don't know whether you *can't* understand or *won't* understand, but either way, not worth
HiPointDem
Feb 2013
#58
Christ, you dont have a clue. Income doesnt automatically equate to spending. You simply prove
Katashi_itto
Feb 2013
#61
Moodys and WSJ? Oh their credible....Sorry you buy into propaganda. (Snicker)
Katashi_itto
Feb 2013
#42
The bottom 50% of workers make 12% of total income. If you think they're a big consumer
HiPointDem
Feb 2013
#47
We are not talking about shale gas, or coal, we are talking about oil.
Spider Jerusalem
Feb 2013
#46
He has no formal training as an economist, as an engineer, as a psychologist.
Ikonoklast
Feb 2013
#18
He stated opinions about an industry in which I am fairly knowledgeable. He isn't.
Ikonoklast
Feb 2013
#24
More power to Mayor Bloomberg for keeping Walmart out of Manhattan now for 11 years
graham4anything
Feb 2013
#3
Here in suburbia we've been feral tribes scrounging for edible tubers ever since Kunstler first
Ikonoklast
Feb 2013
#11
And add to that how the executive class and stockholders (owners) of these large businesses
gtar100
Feb 2013
#15
I have read that Walmart is actually thinking of changing to the Dollar Store
snagglepuss
Feb 2013
#27