SIGN OF THE TIMES

10 comments

Posted on 2nd May 2013 by Administrator in Economy |Politics |Social Issues

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The Schuylkill Expressway was jammed this morning, so I detoured down West Chester Pike, through 69th Street to the 30 Blocks of Squalor. The garbage and debris on the Squalor almost glimmers in the Spring sunshine. The non-working welfare recipients seem to have a bounce in their shuffle. Maybe it’s because their EBT cards got recharged yesterday.

While driving down West Chester Pike through Llanerch (not far from the Llanerch Diner – now famous for the scene from Silver Linings Playbook when Jennifer Lawrence freaks out), just before Darby Road, I noticed something new. There is a small shopping center with an LA Fitness Center as the main tenant. To the left of the shopping center is a large commercial building that has been vacant for the last four years. I keep my eyes open to note how many AVAILABLE signs I see, and this building has been available for a long time.

Llanerch Shopping Center

This morning I was stunned to see a banner hanging from the vacant building. Surely it was a sign the economy is roaring back, just like the MSM has been telling me. I looked closely and found out the prized new tenant was none other than Goodwill. I have a finally tuned sense of irony. On a day when the stock market is hitting new all-time highs, out in the real world there are more Goodwill stores opening than Home Depot openings.

 

I’m sure the community of Llanerch is abuzz about the entry of Goodwill into the market. They might give the Salvation Army and Purple Heart a real run for their money in providing assistance to the former middle class that has been destroyed by the very same people driving the stock market to new heights. This is surely a sign of an economic renaissance along West Chester Pike. The grand opening of this establishment will probably be a real shindig. The crowds will rival Black Friday at a West Philly Wal-Mart on EBT recharge day.

I’m sure Goodwill will roll out their best ad campaign to launch their dynamic new enterprise.

Does anyone else sense the disconnect between what is happening in the real world versus the propaganda spewed by the MSM and the financial fraud that passes for our economic system? As the middle class sinks deeper into despair, the ruling class manipulate the financial system to extract whatever wealth remains in the country. It’s almost as ironic as a Lamborghini parked in front of a Goodwill store.

10 Comments
  1. KaD says:

    Twilight of the Middle Class: http://blogs.reuters.com/chrystia-freeland/2013/04/26/twilight-of-the-middle-class/
    …researchers made a striking finding: The U.S. middle class, long the world’s embodiment of optimism and upward mobility, today is telling a very different story. The chief preoccupation of middle-class Americans is not the dream of getting ahead, it is the fear of falling behind.

    The poll found that 59 percent of its respondents – a group of 1,000 people selected to be demographically representative of the United States as a whole – were afraid of falling out of their economic class over the next few years.

    This wary vision of the future went hand-in-hand with a diminished idea of what it meant to belong to the middle class. More than half of the people polled – 54 percent – said that being middle class meant having a job and being able to pay your bills. Fewer than half – just 43 percent – took the more expansive view that membership in the middle class was a passport to financial and professional growth, buying a house and saving for the future.

    Even more arresting was the extent to which things that used to be the unquestioned trappings of middle-class life have come to be seen as upper-class luxuries. Nearly half – 46 percent – of the respondents who described themselves as middle class said that being able to pay for children’s college education was possible only for the upper class. Forty-three percent thought that only the upper class had enough savings to deal with a job loss, and 40 percent believed only the upper class could save enough to retire comfortably.

    For the land of opportunity, this is a seismic shift.

    “The disappointment and the anger of the middle class is not just whining, it is based on real economics,” Brynjolfsson said. “The job security and the income of the middle class is declining, and so is social mobility.”

    Well-loved. Like or Dislike: Thumb up 19 Thumb down 0

    2nd May 2013 at 12:12 pm

  2. Gayle says:

    I recently bought a skirt from Nordstrom, where I cannot afford to buy anything, for $2.50 from Goodwill. What’s not to like?

    Well-loved. Like or Dislike: Thumb up 8 Thumb down 0

    2nd May 2013 at 1:09 pm

  3. KaD says:

    Just found out this week two favorite shops have closed. One was a small one-of coffee shop I frequented for years. The other was a specialty shop that sold board games for many years. It seems like only the chains and franchises do alright anymore.

    Like or Dislike: Thumb up 3 Thumb down 0

    2nd May 2013 at 2:43 pm

  4. AWD says:

    The central bank (the Federal Reserve) is genius. Print money, give it to banksters and financial institutions, which they loan out to people, “consumers”, and run 24/7 propaganda that it’s people’s primary job in life to consume. So, consumers go into massive debt, buy shit they don’t need, store their old shit, or give their old shit to Goodwill so they have room to buy more shit.

    Meanwhile, they get farther and farther in debt. Usury is good enough for mobsters, and it’s good enough for banksters. Financialization was sold to Americans, and it was the final solution so they get all our money and property. Get everyone into debt, and give away free shit to people who refuse to work so they don’t riot. Either way, the banksters and criminals in Washington control the people, and therefore control the entire system, and everything in it.

    I’ll run these again on this post. Truly amazing and sickening.

    #1 According to the Pew Research Center, the top 7 percent of all U.S. households own 63 percent of all the wealth in the country.

    #2 Between 2009 and 2011, the wealth of the bottom 93 percent of all Americans declined by 4 percent, while the wealth of the top 7 percent of all Americans increased by 28 percent.

    #3 On average, households in the top 7 percent have 24 times as much wealth as households in the bottom 93 percent.

    #4 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

    #5 According to the Economic Policy Institute, the wealthiest one percent of all American households have 288 times the amount of wealth that the average middle class American family does on average.

    #6 According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.

    #7 The six heirs of Wal-Mart founder Sam Walton have as much wealth as the bottom one-third of all Americans combined.

    #8 According to the U.S. Census Bureau, the middle class is taking home a smaller share of the overall income pie than has ever been recorded before.

    #9 In the United States today, corporate profits as a percentage of GDP are at an all-time high, but wages as a percentage of GDP are at an all-time low.

    #10 In 1980, CEOs at S&P 500 companies made 42 times as much as their employees did on average. Today, CEOs at S&P 500 companies make 354 times as much as their employees do on average. In fact, there are many CEOs that make more than 1000 times what the average employees in their companies make.

    #11 According to a report recently issued by the Pew Research Center, Americans over the age of 65 have 47 times as much wealth as Americans under the age of 35 on average.

    #12 U.S. families that have a head of household that is under the age of 30 have a poverty rate of 37 percent.

    #13 Back in 2007, about 28 percent of all working families were considered to be among “the working poor”. Today, that number is up to 32 percent even though our politicians tell us that the economy is supposedly recovering.

    #14 At this point, one out of every four American workers has a job that pays $10 an hour or less.

    #15 Today, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.

    #16 The U.S. economy continues to trade good paying jobs for low paying jobs. 60 percent of the jobs lost during the last recession were mid-wage jobs, but 58 percent of the jobs created since then have been low wage jobs.

    #17 As I mentioned yesterday, the homeownership rate in America is now at its lowest level in nearly 18 years.

    #18 The United States now ranks 93rd in the world in income inequality.

    #19 Approximately one out of every five households in the United States is now on food stamps.

    #20 The number of Americans on food stamps has grown from 17 million in the year 2000 to more than 47 million today.

    #21 According to the U.S. Census Bureau, more than 146 million Americans are either “poor” or “low income”.

    #22 At this point, the poorest 50 percent of all Americans collectively own just 2.5% of all the wealth in the United States.

    Like or Dislike: Thumb up 4 Thumb down 0

    2nd May 2013 at 3:27 pm

  5. AWD says:

    They keep bulldozing commercial property around here so they don’t have to pay taxes. Won’t be anything left except Wal Mart before long.

    Well-loved. Like or Dislike: Thumb up 8 Thumb down 0

    2nd May 2013 at 3:28 pm

  6. Maddie's Mom says:

    The Goodwill store in our town is always booming.

    And many nice cars in the parking lot. Not a “beater” in the bunch, usually.

    Well-loved. Like or Dislike: Thumb up 6 Thumb down 0

    2nd May 2013 at 4:21 pm

  7. Kill Bill says:

    I have to admit sometimes I do go to Goodwill. Usually buy books. One time found a decent joystick so I could use it with Flight Simulator X for 4 bucks.

    Fuck their clothes, sister brought me some shorts from there once. She wanted me to try them on before I washed them. Said they were OK. Goodwill washes those clothes.

    Right. Got lice from them. So I dont buy used clothes from Goodwill evah nevah nebber ebber

    Like or Dislike: Thumb up 4 Thumb down 0

    2nd May 2013 at 4:35 pm

  8. Ron says:

    Dollar stores are popping up everywhere. A dollar is about what most folks have now.

    Well-loved. Like or Dislike: Thumb up 10 Thumb down 0

    2nd May 2013 at 4:58 pm

  9. AKAnon says:

    Ever heard of Value Village (AKA Village Boutique)? It’s a charity-run thrift shop similar to Goodwill or Salvation Army. Virtually all my clothes have come from VV (or garage sales) for years. All my X-country ski gear and much more. Tell you what, when you go skiing over gravel or bare roots, the tendency is to cringe at the damage you are doing. When you look down and see the $4.99 sticker, it is pretty liberating.

    Back to OP-Someone has to buy the shit new before it can wind up in the thrift shop. Goodwill et al are entirely dependent on someone’s new product consumerism.

    Like or Dislike: Thumb up 4 Thumb down 0

    2nd May 2013 at 2:52 am

  10. Iska Waran says:

    Time for an update on the squalor, Jim.

    Like or Dislike: Thumb up 2 Thumb down 0

    2nd May 2013 at 11:43 pm

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