The top 10% of earners—households making about $250,000 a year or more—are splurging on everything from vacations to designer handbags, buoyed by big gains in stocks, real estate and other assets.
Those consumers now account for 49.7% of all spending, a record in data going back to 1989, according to an analysis by Moody’s Analytics. Three decades ago, they accounted for about 36%.
The top-level post uses a gift link. When it runs out, there is an archived copy of the article.
No it doesn’t and your analogy only servers to distract and derail because you have no real argument. Try to stay on topic.
You would directly benefit from appreciating a more-modest lifestyle, and so would your finances. Instead, you’re looking for any argument to justify your entitlement and overconsumption because you like nice things too.
It’s okay to be honest about it. Lying and derailing only shows me you’re insecure, which is to be expected.
Look at how much effort you’re putting into arguing against spreading out. This is the cultural problem.
And you’re proving my point about this being a waste of time. But that’s fine. It’s fine if you get so riled up that you need to call me a liar and insecure and claiming I want to derail whatever soapbox you’re on. I don’t care because at the end of the day I’m not the one telling minimum wage workers, who can’t afford to save money, that all they need to do is just save more money. Unlike you I know what being poor means, which is why I know what you’re saying is compete garbage. But hey, don’t let me stop you from letting everyone know what you are.
You’re not a minimum wage worker, bub. This is what I mean by why should you get more before others who have less?
Why should we improve your lifestyle in the big city because you’re “too good” to accept a more modest and affordable lifestyle outside of one? You’re not willing to invest in making more places livable and improving the lives of others, you’re just looking for ways to justify your entitlement to have as much as you can get.
It’s not a big surprise. I don’t expect more from people like you at this point. I would be foolish if I did.
It’s amazing how confidently wrong you can be.
I am not a minimum wage worker and I never said I was. I’m relatively well off and I think everyone should be able to have a life similar to mine, in terms of fulfillment. I don’t demand more for myself, I demand more for everyone else because I don’t think anyone deserves to be poor and needing to deal with the stress of having no money.
I don’t live in a big city. I live in a small town because I have the luxury of working remotely.
I live a pretty modest life, some might even call it frugal. I don’t own a car because it’s a huge money sink. I cook my own meals because eating out is expensive. I don’t buy cheap clothes but I do buy clothes that last a long time because if they last longer I end up spending less money on clothes. I don’t really spend much money outside of necessities and the occasional entertainment.
I have a budget and I stick to it. I have no problem having an affordable lifestyle.
I contribute to my local community. I would be more specific but I honestly have no fucking idea what you’re even trying to imply here.
Wrong once again.
I absolutely agree because I’m not at all surprised how you can be so confidently wrong.
Man, if only you put this much effort into advocating for a modest lifestyle.
It just goes to show: you don’t want to solve these problems because you benefit from them.
You’re also just straight up lying at this point. It’s crazy how much effort you are putting into this, but it’s to be expected because of your cognitive dissonance.
I’m not going to sift through or quote your bullshit, but we both know that it’s there. Keep trying to justify your entitlement, bud. I will always see it for what it is.
I guess it’s time for your meds because you’re starting to speak complete nonsense.
Lol. I guess that’s the end of your argument.
I accept your concession.
Duh, kinda hard to argue anything when all you get is word vomit. but hey, I’ll give my best effort then.
Erm, what? Have you read nothing I’ve said? I said getting rid of consumerism would be a net benefit to society, but I’m not going to advocate the stupidity that you’re peddling.
Clearly you didn’t bother to actually explain how I benefit so I actually have no fucking clue what you’re trying to say here. Considering I was pretty explicit in wanting others to be paid a fair wage so they’d have a better life I will happily be selfish in wanting a better life for others. I’ll that selfishness over whatever you are.
And that was were your post ended but because you’re foaming from the mouth you can’t gather your before you post so you added an edit. And just for the sake of clarity, I posted my previous comment before the edit you added. Not that it matters because it’s not like your edits are making any more sense.
So your counter-argument here is that I’m just straight up lying and then you proceed to insult. However once again you don’t bother explaining anything so there’s nothing to argue.
And then of course you couldn’t stop there, you had to edit once again because thinking before speaking is not a skill you have.
Oh please do (I know you won’t because that would take actual effort), because I think you haven’t bothered to check who you’re arguing with and you think I’m someone else. That’s how little attention you paying to this discussion.
Now kindly accept my concession with something I said previously:
Wow. You’re really digging your heels in deep to avoid admitting you’re part of the problem and there’s something you can do about it.
Entitlement and cognitive dissonance and strong forces these days. I’m sorry you can’t see past them.