Customers Have No Money

Aug 17, 2007 | Post a Comment

Shockingly, big companies like Walmart and Home Depot have announced low sales and financial losses. The reason? They say that their customers do not have enough money to spend. Inflation, high interest rates, and a failing housing market have taken away middle class America’s spending money, and may mark an oncoming economic recession; this in the USA, a country where 1 in 8 people already live in poverty.

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About Scott Hughes

I created this website to raise awareness and start discussion on important issues like world hunger and poverty. I also published the book Holding Fire: Short Stories of Self-Destruction. I have two of my own kids who I love so much. I just want to be a good role model for them. I hope what I do here makes them proud of me. Please let me know you think about the post by leaving a comment below!

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Children suffering from Poverty