Kudos to Aldi’s PR team for this fucking bullshit. No offense to you/Aldi. I like cheap shit as much as the next poor sap.
The top 10% of earners were responsible for a record 49.2% of total U.S. consumer spending in the second quarter of this year, according to Moody’s Analytics.
But economists warn that relying on a tiny slice of Americans to drive consumer spending could put the U.S. on shaky footing. Consumer spending makes up the lion’s share of the nation’s total economic activity.
“Whether the economy goes into a recession in 2026 hinges almost entirely on the top 20%,” said Navy Federal Credit Union’s Long. “If they do well, the overall economy does well. If they don’t, then we’re looking at a recession.”
In the meantime, she said, everyone else could face growing pressure.
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retail therapy is cheaper in the short-term than actual therapy though, and for a country where over half the population lives paycheck to paycheck short-term cheap is all most anyone can think about
sad but true. therapy will cost you $200/hr or more. it’s really a privilege for those that can afford it to lord over everyone else.
very few retail items are that costly.
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wait until it’s only 5% of earners.
It’s funny how this makes it seem like Aldi is a bad thing. I love Aldi! Their potato salad is so good.
I legit like Clancy’s brand of chips or cookies over the major brands for some reason. Their take and bake pizzas are huge for the price! I know my wife tends to save on some meats and things when she shops at Aldi. I’m a fan as well.
Why is there an affordability crisis while the ruling class continues to expand their wealth?
because social policies are driving up prices. the people are voting for this.
go to any town/neighborhood meeting and everyone will be against new housing, new taxes, and any development at all. it’s all creating scarcity. USA is severely underdeveloped.
hence why prices go up.
We finally got Aldis around here and I was so disappointed. It’s Trader Joe’s with slightly more stuff, and a stupid checkout/bagging process. I can’t get many of my weekly necessities there, so no I’m not going grocery shopping twice a week to save a few bucks, same as TJ’s. They didn’t have chocolate milk when I was there. The hell?
We finally got Aldis around here and I was so disappointed
Thats how I felt first time. Every time I mentioned food affordability, not here but just in general, the overwhelming response has almost always been to go to Aldi, as if it was some wonderland of below market prices…
But it wasnt. At best its prices were the same as walmart… and thats at best. Walmart was typically lower in most things I typically buy.
And yes, yes, I know… Walmart is evil, I dont have the economic luxury to pay twice as much for my groceries elsewhere.
You go to Aldi for the staples to save a ton of money. Supplement elsewhere for other things. I used to live in Chicago and there was a Trader Joe’s on top of an Aldi on the same building (same ownership in believe). It was glorious.
Aldi and Trader Joes are owned by two seperate people who have a… lets say difficult relationship.
