Donate

As American Middle Class Vanishes, Advertisers Focus Only On Richest 10%

News

Here's something with a plus and a minus: Most Americans will soon be free of endless advertising and marketing campaigns, because the advertising industry has decided the only money to be made is in marketing things to the last people with money, the richest 10%.


The "minus," in this case, is that only the richest 10% have any money to spend on crap anymore, so that probably means you're among the 90% now without money and also without any aspirations of ever making money. Too Much magazine assesses the situation:

“Mass affluence,” as a new white paper from Ad Age, the advertising industry’s top trade journal, has just declared, “is over.”

The top 10 percent of American households, the trade journal adds, now account for nearly half of all consumer spending, and a disproportionate share of that spending comes from the top 10’s upper reaches. “Simply put,” sums up Ad Age’s David Hirschman, “a small plutocracy of wealthy elites drives a larger and larger share of total consumer spending and has outsize purchasing influence — particularly in categories such as technology, financial services, travel, automotive, apparel, and personal care.”

If you're wondering where the cutoff is, Ad Age says people not making household incomes of at least $200,000 are of no interest, and people not making at least $100,000 in household income by the time they're 35 are also of no interest because they're never going to become wealthy regardless of their aspirations. [Too Much via Metafilter]

$
Donate with CC

While Donald Trump went to make fart noises at America's foes in the EU and shit all over our traditional enemy, the United Kingdom, it seems his administration had some tough talk for those darned Britons or English or Ukies -- they have many names! -- about the UK's oppression of religious minorities. Or at least the oppression of one guy: Tommy Robinson, the founder of the far-right anti-Muslim English Defence League, and his religious freedom to violate a court order, Reuters reports.

Keep reading... Show less
$
Donate with CC

The House Freedom Caucus is at it again, and this time they're taking aim at fellow Republican Rod Rosenstein. Politico reported Friday that Mark Meadows (R-Cackalacky) and Jim Jordan (R-Coverup) are ginning up support to impeach the deputy attorney general. See, Rosenstein is in BIG TROUBLE MISTER for refusing to turning over all the DOJ's confidential source material on the Russia investigation so that the GOP treason weasels can selectively leak it to their pals at Fox.

Rod Rosenstein does not have time for this shit -- he's busy right now indicting all those Russian military officials for hacking our election!

Keep reading... Show less
$
Donate with CC
Donate

SINGLE & MONTHLY DONATIONS

SUPPORT THE CAUSE - PAYPAL DONATION

PAYPAL RECURRING DONATIONS

©2018 by Commie Girl Industries, Inc