Rampart Portfolio Partners LLC - MDEF Investing Why DEMAND is falling (and will continue to fall) Pew does a great job polling on real matters. Below is a short overview of the unique mix of political affiliation and economic data. Im highlighting (the money quote) the current culling of the middle-class that is responsible for our decreasing DEMAND. Remember, the rich can afford anything at any time. The poor pay no taxes and benefit from government largess. Its the middle-class that dictates future DEMAND. Heres the money quote (full article follows): In a similar vein, the Pew Research Center recently reported that the share of Americans who identify with the middle class has fallen sharply in recent years, dropping to 44% in the latest survey from 53% in 2008 during the first months of the Great Recession.
Posted on: Mon, 17 Mar 2014 16:31:41 +0000
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