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From big to giant: Behemoth TVs start to take off [AP says $75,000 is "lower-income"
Associated Press ^ | July 1, 2014 | Anne d'Innocenzio

Posted on 07/01/2014 7:47:58 PM PDT by grundle

Americans increasingly are replacing their once-enviable 50-inch TVs with even bigger screens. Think: 65-inches and up.

Lower-income shoppers are accounting for a larger share of the supersized TVs. In the year that ended in April, 61 percent of TVs 60 inches or larger were purchased by shoppers with household incomes of $75,000 or less, up from 45 percent a year earlier, according to NPD.

(Excerpt) Read more at news.yahoo.com ...


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According to Associated Press, someone who makes $75,000 a year is "lower income."
1 posted on 07/01/2014 7:47:58 PM PDT by grundle
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To: grundle

It’s true.


2 posted on 07/01/2014 7:48:47 PM PDT by ifinnegan
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To: grundle

Funny, I don’t *feel* poor...


3 posted on 07/01/2014 7:50:11 PM PDT by Nervous Tick (Without GOD, men get what they deserve.)
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To: ifinnegan

Sad, but true. $75,000 a year isn’t what it once was. I believe a 10% real inflation rate doubles prices (on average) every seven years. Most of us are losing buying power at a very brisk clip as our wages stagnate. The stock bubble is about the only thing rising nearly as fast as inflation, and it could blow at any moment. In my opinion, it’s only growing because Americans have almost nowhere else to put money to try and preserve the value of their savings.


4 posted on 07/01/2014 7:56:11 PM PDT by CitizenUSA (America for Americans first!)
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Comment #5 Removed by Moderator

To: F15Eagle

Milk costs $2-4 a gallon, bread is from eighty-eight cents to whatever, eggs are $1 a dozen at Aldi and butter is $2.


6 posted on 07/01/2014 7:58:29 PM PDT by 2ndDivisionVet (The most dangerous man to any government is the man who is able to think things out for himself.)
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To: grundle

75k household — two people making 37.5 k. In this inflationary economy, that’s lower income.


7 posted on 07/01/2014 7:59:28 PM PDT by WilliamIII
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To: grundle
Boy, I remember when 19-inch TVs were considered huge.

Then they didn't work, so you put the 14-inch black-and-white TV on top of it.

8 posted on 07/01/2014 7:59:35 PM PDT by Extremely Extreme Extremist
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To: F15Eagle

Yep. They are wiping out the so called middle class. Oh, you might make $75,000 a year which sounds like a lot of money, but good luck feeding a family when food is doubling in price every 7 years (or less).


9 posted on 07/01/2014 7:59:49 PM PDT by CitizenUSA (America for Americans first!)
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To: ifinnegan

No State in the U.S. had a median household income of over $70,000 in 2011. That means that statistically over half the households in the U.S. brings in under $70,000 a year.

So you believe that over half of the U.S. households are “lower-income”?


10 posted on 07/01/2014 8:00:44 PM PDT by Anitius Severinus Boethius (www.wilsonharpbooks.com - Eclipse, the sequel to Bright Horizons is out! Get it now!)
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To: grundle

I know a ton of folk’s who don’t have cable or dish. If you want to see a net flex movie just hang a big sheet and you are good to go.


11 posted on 07/01/2014 8:01:10 PM PDT by Coldwater Creek
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To: CitizenUSA

“Oh, you might make $75,000 a year which sounds like a lot of money, but good luck feeding a family when food is doubling in price every 7 years (or less).”

Let’s not forget taxes.


12 posted on 07/01/2014 8:02:20 PM PDT by Huskrrrr
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To: grundle

I know a ton of folk’s who don’t have cable or dish. If you want to see a net flex movie just hang a big sheet and you are good to go.


13 posted on 07/01/2014 8:02:57 PM PDT by Coldwater Creek
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To: grundle

It depends on where you live. In the NYC area, $75k is not that great.


14 posted on 07/01/2014 8:04:24 PM PDT by Blood of Tyrants (Haven't you lost enough freedoms? Support an end to the WOD now.)
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To: grundle

I didn’t get my first color tv until I was in my mid 20’s.


15 posted on 07/01/2014 8:09:02 PM PDT by umgud (I couldn't understand why the ball kept getting bigger......... then it hit me.)
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To: grundle

Everybody knows when tax refund checks come in, (to those who pay no taxes) the first thing they buy is a big screen tv.


16 posted on 07/01/2014 8:11:50 PM PDT by Wildcat Stevens
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To: CitizenUSA

’ In my opinion, it’s only growing because Americans have almost nowhere else to put money to try and preserve the value of their savings’

Gold, silver, ammo, guns, food, veggie seeds. Not necessarily in that order. You will not lose money.


17 posted on 07/01/2014 8:17:24 PM PDT by Foundahardheadedwoman (God don't have a statute of limitations)
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To: CitizenUSA

When they say 75k are they talking before or after taxes? If it is before taxes what about the hidden taxes? To net 75k you probably have to gross slightly over a 100k, just a guess on my part.


18 posted on 07/01/2014 8:21:16 PM PDT by Foundahardheadedwoman (God don't have a statute of limitations)
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To: Anitius Severinus Boethius

Also shockingly nearly 50% of all Americans have below average intelligence


19 posted on 07/01/2014 8:39:12 PM PDT by LukeL
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To: LukeL

Yes, I understand what median means. But I would not assume that below average income means “lower-income”. Would you?


20 posted on 07/01/2014 8:55:31 PM PDT by Anitius Severinus Boethius (www.wilsonharpbooks.com - Eclipse, the sequel to Bright Horizons is out! Get it now!)
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