US: Inequality among "consumers"


	US: Inequality among "consumers"

invictus

4-26-2007 2:17 PM

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tags:

united states, economy, consumers, inequality

1 Comment |

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4-26-2007 2:25 PM

boniface

Good reason for a national sales tax, instead of our current system.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/8b685581-71f2-4cd3-bf88-01c838473a57/000F6FC7-72A9-454C-9C7E-9ADAA8DAEAE5/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://mrzine.monthlyreview.org/dawson220407.html" href="http://mrzine.monthlyreview.org/dawson220407.html" style="font-size: 11px;">mrzine.monthlyreview.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mrzine.monthlyreview.org/dawson220407.html"><SPAN class="style1">Inequality among "Consumers"</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mrzine.monthlyreview.org/dawson220407.html"><SPAN class="style2">by Michael Dawson</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mrzine.monthlyreview.org/dawson220407.html"><P>Contrary to both mainstream dogma and received cultural-leftist/neo-Marcusian canon, access to commodities has never been anything like equal in the United States.  In fact, in this epoch of escalating income and wealth polarity, the newest statistics show that inequality among U.S. "consumers" is now at an all-time high. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mrzine.monthlyreview.org/dawson220407.html"><P>Bradley Johnson of <EM>Advertising Age</EM> magazine's <A class="style6" href="http://adage.com/americandemographics/">"American Demographics"</A> column reports:</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mrzine.monthlyreview.org/dawson220407.html"><P>Spending patterns vary from rich to poor.  The government's latest Consumer Expenditure Survey shows spending by the top fifth of households (pretax income of $85,147-plus) rose 8.1% in 2005 vs. 2004.  That's a bigger percentage boost than for any other income group.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mrzine.monthlyreview.org/dawson220407.html">The top fifth collected 50.4% of pretax income and accounted for a record 39% of consumer spending in 2005, according to the Consumer Expenditure Survey, produced by the Bureau of Labor Statistics.  Those affluent households outspent the bottom three quintiles combined.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/000F6FC7-72A9-454C-9C7E-9ADAA8DAEAE5/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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