thestatedtruth.com | May 5, 2024
Lower employment, higher automation and higher prices is likely how this lays out! SUNDAY, MAY 05, 2024 – 06:55 AM This year, 22 states are raising their minimum wage, impacting almost 10 million workers across the country. Many states raise the minimum wage each year to adjust to a cost of living index, while others have raised […]
thestatedtruth.com | May 18, 2020
More than just interesting! A Look At The Great Depression Through The Sears Catalog Submitted by Nicholas Colas of DataTrek Research The slide, and recovery, from the depths of the Great Depression is on full display in the once iconic Sears catalog. But what really stands out is the increasing presence of modern appliances like blenders, […]
thestatedtruth.com | November 13, 2017
According to a new report, one-in-eight (12%) Americans say they don’t plan to buy any gifts at all this year. CreditCards.com surveyed over 1,000 adults and found that despite the uptick in the economy under President Trump, many Americans are planning to be frugal this year, with only 27% of them planning to shell out […]
thestatedtruth.com | July 12, 2012
Can small town America survive a local Wal-Mart……Our opinion is that anytime one company controls so many things, it’s not good for anyone! A study of small and rural towns in Iowa showed lost sales for local businesses ranging from -17.2% in small towns to -61.4% in rural areas, amounting to a total dollar loss […]
thestatedtruth.com | October 12, 2011
Remember one thing…when people are broke, they have nothing to lose. The “system” as we have known it, is going down. There is a reason for the protests going on around the world. Politicians and corporate America, need to get real. We are in the early stages of a huge class war – the rich vs. […]
thestatedtruth.com | July 5, 2011
Worry warts……from our shoes, we have never seen more shoppers out and about then on this Fourth of July weekend…..never. Spend now….worry later is the name of the game! Plain and simple. But in a Bloomberg Television interview with Carol Massar,  Stephen Roach of  Morgan Stanley said “What I worry about now is we are creating a whole new generation […]
thestatedtruth.com | July 3, 2011
Should be a surprise, bet nobody guessed it. Charles Shaw is the name of the best selling wine in the world and it’s priced at $1.99 per bottle. It’s called Two Buck Chuck (Cabernet Sauvignon, White Zinfandel, Merlot, Chardonnay, and Sauvignon Blanc), and is sold exclusively by Trader Joe’s stores in the U.S., but recently also in Australia. […]
thestatedtruth.com | May 9, 2011
The U.S. is in the midst of a “zombie consumer” generation that will dent GDP growth for years to come, according to Citi and Yale’s Stephen Roach (via The Globe and Mail). Â And who is responsible for leading the sheep down this road, yep……good old uncle sam! Speaking in Toronto, Roach said that the […]
thestatedtruth.com | September 28, 2010
September 28,2010 Stephen Ohlemacher Associated Press     WASHINGTON – A group of 47 House Democrats are telling party leaders they want to continue Bush-era tax cuts on investment income, breaking ranks with President Barack Obama and exposing divisions among Democrats over their party’s pre-election message about taxes. The lawmakers, led by Rep. John Adler, D-N.J., have […]
thestatedtruth.com | September 22, 2010
Talk about tough times out there, this shopping habit says it all. Bloomberg: Wal-Mart CEO “I don’t need to tell you that our cusÂtomer remains challenged…You need not go farther than one of our stores on midnight at the end of the month. And it’s real interesting to watch, about 11 p.m. customers start to come […]
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