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Two More Victims Of The Retail Apocalypse: Family Dollar And Coldwater Creek
TEC ^ | 04/19/2014 | Michael Snyder

Posted on 04/20/2014 6:52:57 AM PDT by SeekAndFind

Family DollarDid you know that Family Dollar is closing 370 stores? When I learned of this, I was quite stunned. I knew that retailers that serve the middle class were really struggling right now, but I had no idea that things had gotten so bad for low end stores like Family Dollar. In the post-2008 era, dollar stores had generally been one of the few bright spots in the retail industry. As millions of Americans fell out of the middle class, they were looking to stretch their family budgets as far as possible, and dollar stores helped them do that. It would be great if we could say that the reason why Family Dollar is doing so poorly is because average Americans have more money now and have resumed shopping at retailers that target the middle class, but that is not happening. Rather, as you will see later in this article, things just continue to get even worse for Americans at the low end of the income scale.

I was also surprised to learn that Coldwater Creek is closing all of their stores...

Women's clothing retailer Coldwater Creek Inc. on Friday filed for Chapter 11 bankruptcy after failing to find a buyer said it plans to close its stores by early summer.

Coldwater Creek joins other retailers to seek protection from creditors in recent months as consumers keep a lid on spending.

The company said it plans to wind down its operations over the coming months and begin going-out-of-business sales in early May, before the traditionally busy Mother's Day weekend.

Coldwater Creek, which has 365 stores and employs about 6,000 people, has five stores in Maryland.

I remember browsing through a Coldwater Creek with my wife and mother-in-law just last year. At the time, my mother-in-law was excited about getting one of their catalogs. But now Coldwater Creek is going out of business, and all that will be left of that store is a big, ugly, empty space.

Of course the fact that a couple of major retailers are closing stores is nothing new. This kind of thing happens year after year.

But what we are witnessing right now is really quite startling. So many retailers are closing so many stores that it is being called a "retail apocalypse". In a previous article entitled "This Is What Employment In America Really Looks Like…", I detailed how major U.S. retailers have already announced the closing of thousands of stores so far this year. If the economy really was "getting better", this should not be happening.

So why are so many stores closing?

Well, the truth is that it is because the middle class is dying. With each passing day, more Americans lose their place in the middle class and fall into poverty. The following is an excerpt from the story of one man that this has happened to. His recent piece in the Huffington Post was entitled "Next Friday, I'll Be Living In My Car"...

For the past 13 years, I've mostly been doing facility management in several locations across the state. After the position turned into more of a sales role, they laid me off. Since then, I've been looking to find any type of work. I've applied for food stamps, and I'm waiting for that. I'm mostly eating soup from a food pantry.

I've been on several interviews -- second, third, fourth interviews -- and just haven't been able to land a job for whatever reason. I definitely have the qualifications and the experience. Last week, I had a job offer that I thought was secure, and we were talking my work schedule. They decided to call me back and go with an assistant rather than a manager.

For a number of applications, I've dumbed down my resume. I don't even go with a resume sometimes, just because I don't want them to know that I'm educated and have a master's degree. It shoots me in the foot. They don't want me because they don't think I'm going to stay. I don't blame them. I was making six figures at $60-70 an hour. Now, I'm looking for a $10 an hour job.

There are millions upon millions of Americans that can identify with what that man is going through.

Once upon a time, they were living comfortable middle class lifestyles, but now they will take any jobs that they can get.

Just today I came across a statistic that shows the massive shift that is happening in this country. A decade ago, the number of women working outnumbered the number of women on food stamps by more than a 2 to 1 margin. But now the number of women on food stamps actually exceeds the number of women that have jobs.

Wow.

How could things have changed so rapidly over the course of just one decade?

And sadly, things continue to go downhill. Every day in America, more good jobs are being sent out of the country or are being replaced by technology. I really like how James Altucher described this trend the other day...

Technology, outsourcing, a growing temp staffing industry, productivity efficiencies, have all replaced the middle class.

The working class. Most jobs that existed 20 years ago aren’t needed now. Maybe they never were needed. The entire first decade of this century was spent with CEOs in their Park Avenue clubs crying through their cigars, “how are we going to fire all this dead weight?”. 2008 finally gave them the chance. “It was the economy!” they said. The country has been out of a recession since 2009. Four years now. But the jobs have not come back. I asked many of these CEOs: did you just use that as an excuse to fire people, and they would wink and say, “let’s just leave it at that.”

I’m on the board of directors of a temp staffing company with one billion dollars in revenues. I can see it happening across every sector of the economy. Everyone is getting fired. Everyone is toilet paper now.

Flush.

There is so little loyalty in corporate America these days. If you work for a major corporation, you could literally lose your job at any moment. And you can be sure that there is someone above you that is trying to figure out a way to accomplish the tasks that you currently perform much more cheaply and much more efficiently.

Most big corporations don't care if you are personally successful or if you are able to take care of your family. What they want is to get as much out of you as possible for as little money as possible.

This is a big reason why 62 percent of all Americans make $20 or less an hour at this point.

The quality of our jobs is going down, but the cost of living just keeps going up. Just look at what is happening to food prices. For a detailed examination of this, please see my previous article entitled "Why Meat Prices Are Going To Continue Soaring For The Foreseeable Future".

As the middle class slowly dies, less people are able to afford to buy homes. Mortgage originations at major U.S. banks have fallen to a record low, and the percentage of Americans that live in "high-poverty neighborhoods" is rising rapidly...

An estimated 12.4 million Americans live in economically devastated neighborhoods, according to American Community Survey data collected from 2008 to 2012. That's an 11 percent jump from the previous survey, conducted from 2007 to 2011. Even more startling, it's a 72 percent increase in the population of high-poverty neighborhoods since the 2000 Census.

If nothing is done about the long-term trends that are slowly strangling the middle class to death, all of this will just be the beginning.

We will see millions more Americans lose their jobs, millions more Americans lose their homes and millions more Americans living in poverty.

The United States is being fundamentally transformed, and very few people are doing much of anything to stand in the way of this transformation. Decades of incredibly foolish decisions are starting to catch up with us, and unless something dramatic is done right away, all of these problems will soon get much, much worse.



TOPICS: Business/Economy; Society
KEYWORDS: coldwatercreek; familydollar; obamasfault; retail

1 posted on 04/20/2014 6:52:57 AM PDT by SeekAndFind
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To: SeekAndFind
This country is famous for OVER-building, OVER-buying, OVER-speculation and OVER-the-top consumption.
This can't come as a surprise to anyone.

We can't spell FRUGALITY let alone practice it on any level.

2 posted on 04/20/2014 7:02:16 AM PDT by cloudmountain
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To: SeekAndFind

Family Dollar owners The Levine Family
Built the children’s hospital in Charlotte NC
They saw the lack of a children’s hospital
In the south. That facility saved the life of my grandson.
2 years ago. We are so thankful for the generosity .


3 posted on 04/20/2014 7:03:11 AM PDT by oldironsides
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To: SeekAndFind

>Most big corporations don’t care if you are personally >successful or if you are able to take care of your family. >What they want is to get as much out of you as possible for >as little money as possible.

What planet was this person on?
You are only worth paying to the point that you can be replaced. This is why min wage laws kill jobs. People can be replaced by machines. No one is owed a job. Obama was put in place to kill the middle class and he is doing a fine job at it.


4 posted on 04/20/2014 7:04:54 AM PDT by jonose
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To: SeekAndFind

Family Dollar failed because it’s not a dollar store. My wife hates it for that reason— goes to Dollar Tree instead. The name is stupid.


5 posted on 04/20/2014 7:05:00 AM PDT by montag813
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To: SeekAndFind
"retail apocalypse"

Overblown rhetoric. Weak retailers will and should fail as Americans shift their purchasing online. Again, my wife is my guide on this. She has always looked at Coldwater Creek, Land End and Eddie Bower catalogs, but things she ordered from CC always didn't seem to fit, seemed cheap or didn't look right. So she stopped ordering from them year ago. They just suck. Why is it a "retail apocalypse" when lousy or inefficient retailers die?

6 posted on 04/20/2014 7:09:50 AM PDT by montag813
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To: SeekAndFind
Most big corporations don't care if you are personally successful or if you are able to take care of your family. What they want is to get as much out of you as possible for as little money as possible.

This is a big reason why 62 percent of all Americans make $20 or less an hour at this point.

Lost me right there.

Another clueless idiot spouting the same old liberal crap while completely ignoring all the damage his savior Obama has done. Higher taxes, a war on energy, market uncertainty, huge rises in food and fuel costs, outrageous healthcare costs and never-ending class warfare rhetoric have absolutely nothing to do with this, aye Snyder?

Crickets

7 posted on 04/20/2014 7:10:53 AM PDT by apoxonu
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To: SeekAndFind
retail apocalypse

An apocalypse is a disclosure or a revelation.

8 posted on 04/20/2014 7:20:01 AM PDT by Fiji Hill
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To: cloudmountain
Over-building is a big thing.

Not to dismiss all of the points in this article out of hand, but if you go back over the last 50 years and look at the ratio of retail space to population in this country, you'll see a huge increase in the retail space that started in the 1980s and continued for about 20-25 years. It all came crashing down in the late 2000s because there was never a "need" for all these retailers in the first place.

9 posted on 04/20/2014 7:22:24 AM PDT by Alberta's Child ("I've never seen such a conclave of minstrels in my life.")
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To: Fiji Hill

Our modern understanding of the word unfortunately has CHANGED ( much like we use the word — ‘gay’ today ).

It now means an event involving destruction or damage on an awesome or catastrophic scale.


10 posted on 04/20/2014 7:22:52 AM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: montag813

Family Dollar also faces competition from Dollar General, which has good value on high quality basics.


11 posted on 04/20/2014 7:25:38 AM PDT by grania
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To: cloudmountain

All of the middle class jobs have been shipped out of the country or automated out of existence.


12 posted on 04/20/2014 7:26:43 AM PDT by Black Agnes
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To: cloudmountain
We can't spell FRUGALITY let alone practice it on any level.
So, Americans should live a frugal life because you think there's too much consumin' going on out there?
13 posted on 04/20/2014 7:31:46 AM PDT by oh8eleven (RVN '67-'68)
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To: montag813

We once had 3 different Dollar-type stores within 20 miles. We now have (had) just Family Dollar.

They were all full of 1) low quality house brand merchandise. Watered detergent is not a bargain, for example. 2) Merchandise that was exactly one cent less than the exact same product at Walmart.3) Stuff that no one really needs much of, such as gift wrap/bags, beach toys, candles with odd scents.

At one point, they all carried a decent line of personal hygiene and first aid items. This seemed to shrink down to staples like peroxide, kiddie bandaids which are pricey to begin with because of the illustrations and an entire shelf dedicated to Black hair products in an area that is 99% Caucasian.

Then there were the grocery aisles. Originally, several items I would and did return for. But then, again, national brands at one cent below Walmart or sometimes at the very same price.

That, IMO, is why they are out of business.


14 posted on 04/20/2014 7:36:14 AM PDT by reformedliberal
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To: montag813
I agree with your wife on Coldwater Creek. There is a store near me and I have looked several times. The merchandise was not attractive, didn't fit well and I finally stopped going there.
15 posted on 04/20/2014 7:41:47 AM PDT by Ditter
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To: montag813
Overblown rhetoric. Weak retailers will and should fail as Americans shift their purchasing online

Yeah, let's reduce everything to buying online. That's the ticket! Who wants to bother trying on clothes? Trying out a guitar to see how it sounds and plays. Test driving a car. Yeah, let's just park our fat butts in front of a computer so we can point and click items from those 'efficient' retailers. Heck, why don't we just get rid of retail altogether and buy online direct at wholesale from the Chinese manufactures and eliminate those American retail middle men. Talk about efficient.

16 posted on 04/20/2014 7:46:04 AM PDT by Right Brother
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To: Alberta's Child

A search on *overstock*,*closeouts* and *drop ship* is instructive.

The world is awash in stuff. Pallet loads of stuff available for very little, assuming one can afford the freight, has the space to store it and the means to distribute it. Clothing, toiletries, electronics, you name it. It is overwhelming. Materials and space were purchased, energy was consumed, people were paid to manufacture so much of everything that there is probably enough to supply the world for five years or more without producing another non-perishable thing. So now, more space is leased, and people are paid to stack pallets and shrinkwrap the stuff, which is then trucked somewhere, stored again, while people are paid to unwrap and inventory and it is then put on shelves and offered at discount.

This is true at all price points. Nordstrom and Macy’s have their own discount web sites now rather than use a liquidator.


17 posted on 04/20/2014 7:48:43 AM PDT by reformedliberal
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To: SeekAndFind
So why are so many stores closing? Well, the truth is that it is because the middle class is dying. With each passing day, more Americans lose their place in the middle class and fall into poverty.

Yeah, and undoubtedly, you will blame the Koch Brothers, and not the cause -- your guy, Barack Obama.

18 posted on 04/20/2014 7:49:33 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: cloudmountain

About 14 years ago, my town of 14k (10k then) had Walmart and one Dollar General. The DG was tucked away in a strip shopping center. It did enough to stay in business but never had any crowds.

A couple of years later, the Walmart closed the existing store and opened a supercenter across town — about 4 miles from the old location.

Several years later, the void started being filled by the DG moving to a new shiny strip shopping center, another DG opening just across the state line, a Family Dollar opening on the corner opposite the old Walmart, a Dollar Tree opening in the old Walmart building, and a Fred’s Discount opening in another strip shopping center.

Most of the new stores get a moderate trickle of traffic. None, even during the holidays, are crowded. Walmart still owns much of the shopping.

The Fred’s closed about 5 years after it opened. I expect that the Family Dollar will close, beause it never has more than a couple of customers.

The town has also had 3 grocery stores close, one of which reopened in a different location. Walmart has a full grocery line and an Aldi’s opened across the highway about 10 years ago. Walmart is opening one of those Market (grocery) stores across the highway from the old Walmart location.

About 8 years ago, Walgreens opened to compete with the 5 other pharmacies. A couple of years ago, the Walgreens chain bought out one of the existing small drug chains, thus eliminating one local competitor.

All in all, small towns like mine have difficulty. A dozen or more restaurants have opened and closed in the last 10 years.

Even now, none of those new stores draw crowds.


19 posted on 04/20/2014 7:51:16 AM PDT by TomGuy
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To: SeekAndFind

Gee, maybe we’re starting to miss those 50 million American workers and consumers we aborted along the way.


20 posted on 04/20/2014 7:56:26 AM PDT by Texicanus (Texas, it's a whole 'nother country.)
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To: SeekAndFind

Dollar stores are not a bargain, the stuff they sell is only worth a dollar.


21 posted on 04/20/2014 8:16:08 AM PDT by Mike Darancette (Do The Math)
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To: cloudmountain
Fourteen years ago, there were five full-sized grocery stores within two miles of my home. Plus pharmacies, three large drug store chains, and several smaller stores. Two are now empty, two have rebuilt in the same area, and one remains more-or-less unchanged.
We are still over capacity. This is going to take time to fix, and it is going to hurt.
22 posted on 04/20/2014 8:47:48 AM PDT by mountainbunny (Faithless is he that says farewell when the road darkens” J.R.R. Tolkien)
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To: SeekAndFind

The Democrat solution for the collapsing “middle class,” if I can use that term without being told it is un-American, is to raise minimum wage, and create bogus problems like pay inequality for women, adding to the problem. The leftist vision of an elite lording over a serfdom keeps them charging on with absurd legislation like Obamacare and amnesty. Democrats won’t stop until they have destroyed everything. The people who are voting for Democrats, so they can keep their hope of redistribution, are removing the rungs on the economic ladder that can provide them a way up.


23 posted on 04/20/2014 8:49:39 AM PDT by pallis
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To: SeekAndFind

All that rhetoric and I never saw the words “Democrat” or “Obama” mentioned in the article. Simply amazing.


24 posted on 04/20/2014 9:01:37 AM PDT by Kickass Conservative (Nobody owes you a living, so shut up and get back to work...)
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To: apoxonu
Another clueless idiot spouting the same old liberal crap while completely ignoring all the damage his savior Obama has done. Higher taxes, a war on energy, market uncertainty, huge rises in food and fuel costs, outrageous healthcare costs and never-ending class warfare rhetoric have absolutely nothing to do with this, aye Snyder?

Correct. The entire fault of the state of our economy lies at the feet of government.

Yes, Obama is the main destructive force, but we need to also recognize that government at all levels is killing us with increasing taxes and destructive regulations.

Local governments all over seem to be increasing the number and cost of idiotic, sadistic permits.

Control freaks at the local, state and national level are brutalizing taxpayers and businesses.

25 posted on 04/20/2014 9:26:04 AM PDT by sand88 (We can never legislate our way back to Liberty)
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To: SeekAndFind
Family Dollar is expanding in DFW, opening several new stores near me. Although everything is not one dollar, everything I find there is a good value. And the customer service people have a great customer-first attitude.
26 posted on 04/20/2014 9:56:38 AM PDT by Company Man (Don't call them liberals)
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To: SeekAndFind

What the article does not make clear is that Family Dollar has a total of 8,100 stores in America; thus, closure of 370 stores comes to less than 5%. Plus, the chain is still opening new stores, even if at a slower clip. In this context, the store closure doesn’t seem so significant. If there are not lease obligations a company cannot escape, it seem wise to shut down poorer-performing outlets.

Source for the 8,100 store figure:
http://www.bizjournals.com/columbus/news/2014/04/14/family-dollar-closing-370-stores-lowing-prices-to.html


27 posted on 04/20/2014 10:06:06 AM PDT by BCrago66
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To: Lazamataz
Yeah, and undoubtedly, you will blame the Koch Brothers, and not the cause


28 posted on 04/20/2014 12:31:08 PM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: SeekAndFind
Our modern understanding of the word unfortunately has CHANGED ( much like we use the word — ‘gay’ today ).

It now means an event involving destruction or damage on an awesome or catastrophic scale.

Not for me. I'll never use "apocalypse" in that way--just as I never use "alibi" to mean an excuse or "deter" to mean dissuade. And I hardly ever use "gay" in the way it's usually used today.

29 posted on 04/20/2014 12:40:05 PM PDT by Fiji Hill
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To: oh8eleven
So, Americans should live a frugal life because you think there's too much consumin' going on out there?

Did I say that? I don't think so. YOU said it, however, so maybe YOU think that way.

30 posted on 04/20/2014 1:51:16 PM PDT by cloudmountain
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To: Alberta's Child
Over-building is a big thing.
Not to dismiss all of the points in this article out of hand, but if you go back over the last 50 years and look at the ratio of retail space to population in this country, you'll see a huge increase in the retail space that started in the 1980s and continued for about 20-25 years. It all came crashing down in the late 2000s because there was never a "need" for all these retailers in the first place.

You are correct.

31 posted on 04/20/2014 1:52:13 PM PDT by cloudmountain
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To: mountainbunny
Fourteen years ago, there were five full-sized grocery stores within two miles of my home. Plus pharmacies, three large drug store chains, and several smaller stores. Two are now empty, two have rebuilt in the same area, and one remains more-or-less unchanged.
We are still over capacity. This is going to take time to fix, and it is going to hurt.

Yes, I know that kind of hurting as I SAW it in northern California when the government shut down so much of the fishing and lumber industries. The young men of the area were JOBLESS.

Now northern California grows huge marijuana crops. Those young men are "harvesting" again.

There is a bumper crop of chemists there too making all the illegal drugs to ingest via pills. THEY have the university degree to be those chemists.
I don't suppose their mothers envision their sons, the "chemists," making all those illegal hallucinatory drugs for the sapheads fools morons sad folks who can't cope with the real world without, um, "help."

They need GOD.

32 posted on 04/20/2014 2:33:58 PM PDT by cloudmountain
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To: Black Agnes
All of the middle class jobs have been shipped out of the country or automated out of existence.

Those jobs were shipped out because the foreign countries (China) would do the same job for peanuts. Union wages were as high, in some places, as Ph.D. wages.

My family was always blue collar and union wages were what we lived on. But, skilled/unskilled workers went too far and they lost their jobs. NOW what did they have? Unemployment, food stamps and welfare. THAT doesn't last forever.

It was a sad situation.
My parents made sure that we children had the university degree and would be able to take our profession any where in the world. And we did.

Automation was BOUND to replace people. MOST folks knew it was coming. Their best choice was to go to an institution of learning and get a degree in "airline mechanic" or some such thing. Those jobs are STILL in demand.
Another huge problem for Americans is their lack of basic reading and writing skills. The "feel good" attitude was in vogue...so one can ask: "Do you 'feel good' about being a 20-year-old illiterate?"
The primary schools FAILED in that but make their illiterates feel VERY good in the "self esteem" department. Oh, if there were jobs at that!

The community colleges USED to have one or two "remedial" reading and writing classes. NOW there are dozens and dozens of remedial reading and writing classes that go ALL the way back to "Dick and Jane." I know this because I taught at the CC level for 27 years.
BOTTOM LINE: there is no escape from continuing education.

33 posted on 04/20/2014 2:48:21 PM PDT by cloudmountain
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To: cloudmountain

Because destroying our industrial capability, long term, was worth it to destroy the unions.

Right.

The big question is this. 50% of people have IQ’s less than 100. What do you propose to do with those people? They have been automated out of having stable family supporting jobs. The rest have gone to China. Do you sterilize the lower IQ people? Let them starve? What, precisely do you propose to do with them. Because right now they’re the FSA and they’re voting against your and the country’s best interests.


34 posted on 04/20/2014 2:52:16 PM PDT by Black Agnes
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To: Black Agnes
Because destroying our industrial capability, long term, was worth it to destroy the unions. Right. The big question is this. 50% of people have IQ’s less than 100. What do you propose to do with those people? They have been automated out of having stable family supporting jobs. The rest have gone to China. Do you sterilize the lower IQ people? Let them starve? What, precisely do you propose to do with them. Because right now they’re the FSA and they’re voting against your and the country’s best interests.

=================================

The average human I.Q. is 100. That is just standard information.
I would really QUESTION your statement: 50% of people have IQ’s less than 100.
It may SEEM that to you, but, you are here, writing away, so the rest of those below your I.Q. may not seem bright at all.
Human I.Q. levels out at 10 years of age and that is where those folks stay for the rest of their life. (Google)
Intelligence quotient is one's ability to learn, nothing more.

Those with lower I.Q.s can clean bathrooms, wash dishes, mow laws and other such jobs that require minimal skills.
There still are many of those jobs. There will always be those jobs.

People who cannot function on any level in our society must be taken care of. Why leave them on the streets? THAT is not a Judeo-Christian ethic, now, is it?

35 posted on 04/20/2014 3:08:37 PM PDT by cloudmountain
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To: grania

Family Dollar also faces competition from Dollar General,


And others. Also they seem to build within a shopping radius of each other some of the
time. Walmart has hurt them some I’d guess with their Walmart Express type facilities.


36 posted on 04/20/2014 3:15:24 PM PDT by deport
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To: SeekAndFind

“Most big corporations don’t care if you are personally successful or if you are able to take care of your family. What they want is to get as much out of you as possible for as little money as possible.

This is a big reason why 62 percent of all Americans make $20 or less an hour at this point.

Written by a liberal.


37 posted on 04/20/2014 3:24:44 PM PDT by CodeToad (Arm Up! They Are!)
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To: cloudmountain

50% less than 100 is what ‘average’ means. If the average IQ is 100 then by definition, 50% of people have an IQ less than 100.

Automation will take away most of those jobs you listed. In fact, within a decade the IQ at which you become redundant to the global elites will likely increase to greater than 100. Making a large portion of the ‘rest of us’ redundant is why the global elites are pushing the whole AI/automation meme. Did you think they were joking when they state the ‘ideal’ number of humans on the planet was around 100M?

Again I ask you. What do you propose to do with these people? Sterilize them? Euthanize them? Let them starve? Deny them the vote?

Because the WILL continue to be the FSA. And they WILL continue to vote themselves the largess of the public purse. Initially because they have to, later on because can.

Right now a large portion of the FSA army stays home during the day (paid for by you!) smokes dope and breeds. Look at the crime sheets to see how this works out long term.

50 years ago those men could get a job paying a wage sufficient to support a wife at home with the kids. You just think paying union wages is expensive. Just wait till you’re supporting all the grandchildren of such people. And paying for their incarceration.

Killing the unions by killing our jobs is like cutting off your nose to spite your face. You still lose. Maybe even more spectacularly in this case, if we’re ever in a war with our current industrial suppliers. Like China.


38 posted on 04/20/2014 4:04:55 PM PDT by Black Agnes
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To: SeekAndFind

Family Dollar is the K-Mart going up against Dollar General’s Wal-Mart status. It is simple, when the two stores are within a block of each other, Dollar General will have twice the traffic.

I can’t really put my finger on why. I’ve even quizzed the women around me as to what the reason for the choice without a good answer.

Family Dollar carried a slightly wider range of products, but Dollar General seemed to target the customer’s buying habits better.


39 posted on 04/20/2014 4:28:02 PM PDT by El Laton Caliente (NRA Life Member & www.Gunsnet.net Moderator)
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To: Black Agnes
50% less than 100 is what ‘average’ means. If the average IQ is 100 then by definition, 50% of people have an IQ less than 100.

People with less than 100 I.Q. are not morons, idiots or worthless people. I do NOT equate I.Q. with value as a person either. I was talking only about ability to learn.

People with an I.Q. of 90 or 80 are still most viable, aren't they? Or do YOU think that ONLY an I.Q. of 100 or better is viable.?

I.Q. has NOTHING to do with character, sense of morality or willingness to get along...NOTHING. People with average or 200 I.Q. can be vicious, amoral or immoral.

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Two articles from the Internet:

1. I.Q. is based on the average person being at 100. So the odds that someone would have an I.Q. of 25 would be the same as an I.Q. of 175.
To give you an idea, Einstein had roughly an I.Q. of 160. The chances of having a I.Q. of 25 is one in a billion. So it is hard to compare this with other humans, so we can compare with animals.
Dogs average I.Q. would be around 60, cats 50, mice 20. So that person would have similar learning capability as a mouse or rat. This would mean they would understand simple cues. So to teach them to add it would be very difficult because of memory loss, but if you would have to do it, do it with something they need to survive, because all humans have the will to live. (You can't measure I.Q. of animals, I'm just comparing them to humans)

================================

2. The Practical Significance of IQ

The average IQ of the population as a whole is, by definition, 100. IQs range from 0 to above 200, and among children, to above 250. However, about 50% of the population have IQs between 89 and 111, and about 80% of the population have IQs ranging between 80 and 120, with 10% lying below 80, and 10% falling above 120.

For IQs below 120, IQ is the best predictor of socioeconomic status of any psychometric measurement. In more complex jobs, IQ is better than even education or experience at predicting job performance. In her article "The General Intelligence Factor", Scientific American Presents "Exploring Intelligence", pg. 24, 1999, Linda Gottfredson states,

"Adults in the bottom 5% of the IQ distribution (below 75) are very difficult to train and are not competitive for any occupation on the basis of ability. Serious problems in training low-IQ military recruits during World War II led Congress to ban enlistment from the lowest 10% (below 80) of the population, and no civilian occupation in modern economies routinely recruits its workers from that below-80 range. Current military enlistment standards exclude any individual whose IQ is below about 85."

"Persons of average IQ (between 90 and 100) are not competitive for most professional and executive-level work but are easily trained for the bulk of jobs in the American economy. By contrast, individuals in the top 5 percent of the adult population can essentially train themselves, and few occupations are beyond their reach mentally."

"People with IQs between 75 and 90 are 88 times more likely to drop out of high school, seven times more likely to be jailed, and five times more likely as adults to live in poverty than people with IQs between 110 and 125. The 75-to-90 IQ woman is eight times more likely to become a chronic welfare recipient, and four times as likely to bear an illegitimate child than the 110-to-125-IQ woman."

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So, you see, an I.Q. of below 100 is not necessarily the worst thing in the world.

40 posted on 04/20/2014 4:32:10 PM PDT by cloudmountain
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To: cloudmountain

You are the one making a value judgement here.

Practicality is another matter.

You can make all sorts of ‘feel good’ statements about ‘different intelligence’ all you want. Fact of the matter is, if someone is only capable of working on an assembly line or being an order taker at a fast food restaurant, and that job has been automated out of existence, what do you propose we do with those people?


41 posted on 04/20/2014 4:46:41 PM PDT by Black Agnes
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To: Black Agnes
You are the one making a value judgement here. Practicality is another matter. You can make all sorts of ‘feel good’ statements about ‘different intelligence’ all you want. Fact of the matter is, if someone is only capable of working on an assembly line or being an order taker at a fast food restaurant, and that job has been automated out of existence, what do you propose we do with those people?

You have HAD your explanation, in full. I guess your I.Q. isn't capable of hearing anything else but the song YOU sing. YOU are the problem, not the rest of humanity, high OR low I.Q.

Poor Agnes, you are doomed to a life of frustration.

Seek the Lord! I hope you find peace. You sure won't find YOUR brand of perfection...especially in your own mirror, but you will find peace in the Lord.

42 posted on 04/20/2014 4:54:58 PM PDT by cloudmountain
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To: cloudmountain

Pollyanna.

Automation is here, increasing.

The jobless numbers are increasing as well. They won’t starve willingly. At least not while they have the vote. I can’t blame them either. I certainly wouldn’t starve quietly if my job were automated out of existence and I were incapable of doing any of the remaining jobs.


43 posted on 04/20/2014 4:56:46 PM PDT by Black Agnes
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To: cloudmountain
Did I say that? I don't think so.
Yes, you said it and I'll quote your words AGAIN for you ... "We can't spell FRUGALITY let alone practice it on any level."
44 posted on 04/20/2014 5:39:16 PM PDT by oh8eleven (RVN '67-'68)
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To: SeekAndFind
No need to fear folks.We can take solace in the fact that the Obama family is worth 10 million plus today and six years from now,after both of them have each written two books,they'll be worth $50 million.
45 posted on 04/20/2014 6:07:57 PM PDT by Gay State Conservative (Stalin Blamed The Kulaks,Obama Blames The Tea Party)
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To: SeekAndFind
There's a big mall near me where I often go to “power walk” in bad weather...too cold/hot/rainy/snowy/slippery.Until fairly recently they had a Coldwater Creek store.I remember that they often had displays in their window featuring very attractive,very classy ladies.
46 posted on 04/20/2014 6:11:20 PM PDT by Gay State Conservative (Stalin Blamed The Kulaks,Obama Blames The Tea Party)
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To: SeekAndFind

Per my daughter, who worked in retail clothing while she was in school, Coldwater Creek is overpriced and poor quality - they are failing on merit.

Family Dollar has been outstripped by Dollar General (at least in my area). There are Dollar General stores even in very small towns, while I rarely see a Family Dollar and have never been in one.


47 posted on 04/20/2014 7:36:18 PM PDT by Some Fat Guy in L.A. (Still bitterly clinging to rational thought despite it's unfashionability)
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To: Some Fat Guy in L.A.

Around here it’s opposite. The Family Dollars are clean, bright, and modern looking, and even the newly built Dollar Generals are cramped, dark, and feel dated.


48 posted on 04/21/2014 2:20:46 AM PDT by Fire_on_High (RIP City of Heroes and Paragon Studios, victim of the Obamaconomy.)
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To: reformedliberal

I don’t shop at them, but had a friend comment that they sell expired merchandise. Expired food items.


49 posted on 04/21/2014 2:28:02 AM PDT by ican'tbelieveit
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To: ican'tbelieveit

I always check dates,although they are best by dates, not actual expirations and it is always a judgement call. I have used things out of my own pantry that were *expired*, sometimes by 3-5 years and found little to complain of. I think the worst was some canned fruit that had lost taste and some texture. I incorporated it into a frozen dessert with other ingredients and it was fine.

While I never found past due foods at any dollar-type store, there is a Mennonite-run salvage shop near me that does sell these items. They post an FDA handout that basically says it is not illegal or even very dangerous and to use caution and common sense.

I just never thought I was getting much savings at dollar shops. Aldi is much, much better.


50 posted on 04/21/2014 5:37:05 AM PDT by reformedliberal
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