Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Wednesday, January 25, 2012

It's Official--The Middle Class is No More



It’s official--the middle class is no more.

When the icon-of-middle-class-America starts lowering its prices and changing the lay-outs of their stores, you know that an era is passing.

JC Penney announced that as of February 1, 2012, it will permanently slash all of its prices by at least 40% with what their CEO Ron Johnson said is “a sweeping overhaul of its stores and strategy.” Soon middle-class America will discover that Target and Wal-Mart aren’t the only cheap department stores on the block.

I don’t know whether to be thrilled or sad. I’m thrilled to know I no longer have to wait until the “after Christmas sales” (which, of course, began before Christmas these past few years) to find bargains. But deep down I’m feeling confused and more than a bit sad. It’s sad because, if you add Sears’ recent announcement that it will close many of its retailers, you’ll realize there’s no longer a range of department stores in between the lowbrow of Wally World and its ilk and the upper-crust snobbism of the Lords and Taylor/Saks 5th  Avenue type of stores. 



JC Penney won’t be able to maintain its high quality of clothing and merchandise, I fear, because with dwindling price tags, how will the executives continue to bring home those big paychecks they’re used to from the profits? They’ll have to start stocking the cheap, made-in-China crap that fills Wally World’s shelves. Possibly JC Penney will be able to keep their quality products available at these discount prices, but the only way is probably by slashing their employees’ rate of pay by 40% and hiring only part-time and seasonal workers (while downsizing the number of full-time Penney’s employees still on the books). Either way, this news doesn’t look like a happy ending for a lot of folks.

Underpaid/underemployed/unemployed Americans will be forced to shop at stores with low quality goods, and the “fat cats” (who live off the interest of their large offshore bank accounts) will continue to shop at their high end designer fashion boutiques. Nothing new there, really, but for a while at least some Americans thought they had the right to be called “the Middle Class”.

Face it folks, most of us reading this blog are in the bottom 99% with no hopes of ever becoming part of the top 1%. Do the math, look at your checkbook, and tell me where you’ll be shopping (if you can afford to) next week.

(For another example of how 99% of Americans have been taken advantage of, read:  Emblematic of 1 Percenters, Cooper Tire Punk’d Workers)

How are you coping with the ever-widening gap between "haves" and "have-nots"? Any tips on where to find a decent paying job? Please share your comments and concerns below... Perhaps if the 99% sticks together we can make the world a better place.

(Please join the discussion on Facebook at the Mad-As-Hell Party page, too.)

Tuesday, August 09, 2011

The Buck Stops Here Because We're Mad-As-Hell





The Buck Stops Here Because We’re Mad-As-Hell
by Cindy A. Matthews

Everything seems to be going downhill quickly these days in the US economy and in the political arena. Not being a politically active type of person, I can’t imagine the stress and horror die-hard Wall Street types and party members must be feeling lately. My husband and I discussed the dire situation we’re all in the other day and hit upon what we feel is the perfect solution to all our problems.

We simply need to junk the current two party system and begin again.

As Thomas Jefferson once said, “A government big enough to give you everything is big enough to take everything away,” so we're going to do just that--take it all away. To this end, we have started a third party that will sweep the next federal elections and clean out the seriously-self-centered halls of Congress. It will be a party of the little people (not that we can’t stand to lose a few pounds, but pasta is so much cheaper than meat when you’re living on unemployment). It will be a party made up on non-career politicians who only want to serve their fellow little people and then come home to the family farm, ranch, restaurant, shop, etc. You know—the way the original founders sort of envisioned our elected representatives would be like before all this political party bickering began in the election of 1800.

And we think we have just the right name for it.



“The-Mad-As-Hell-And-We’re-Not-Going-To-Take-This-Anymore” party or (TMAHAWNGTTTA party for short) is titled after that classic line from the classic film Network. Howard Beale (our party mascot—who needs an elephant or a donkey?) was a news anchor who told everyone to go to their windows and start screaming our party’s name until something happened to fix the world’s ills.

Network was quite a prescient story, and I don’t think it’s any coincidence that the mid 1970s and the early 21st century have a lot in common—energy crisis, pollution crisis, unemployment, corrupt politicians (remember Watergate?), trouble in the Middle East, etc. So now is the time to learn from our mistakes we made forty years ago and clean up our economy and Congress and our environment all at the same time. As another little man once said, “The buck stops here,” and we’d better stop it in case it slides down further in comparison with other world currencies.



For Mad-as-Hell president we’re thinking of nominating Weird Al Yankovic. “Why Weird Al?” you may ask.Weird Al’s parody songs demonstrates he’s a keen observer of the culture and what’s wrong with it. Even if he can’t fix everything within four years he can at least entertain us with a polka version of the Star Spangled Banner. For vice president, my hubby suggests Sarah Palin (to gain the media’s notice) but I’m leaning more toward Cyndi Lauper. “Girls just wanna have fun” and who is having any fun in a time of economic and political crisis? Cyndi may just be able to help us on this very important point. (And I like how she spells our  shared first name to boot.)



Our platform will be made out of good old-fashioned, renewable wood. We stand for clean air, clean water, clean food, clean cities, clean language on the TV and clean underwear. But most of all we stand apart from those other politicians who seem to think that pointing the finger at the guy (or gal) across the aisle from them in the House of Representatives somehow defines what “good government” should be like.

If you want to join our party and start the crusade toward sanity, please feel free to forward this blog to your friends, family and other members of the human race. Tweet it up and Facebook and Google+ it to death. We’re “Mad-As-Hell-And-We’re-Not-Going-To-Take-This-Anymore” and we’re coming soon to a local, state, and/or federal office near you. We thank you for your support.




(Editor's note: Feel free to "like" our new Facebook Page: The Mad-As-Hell Party  Thank you.)
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