Posts Tagged ‘upper class’

Banks Rebuilding Positive Image

Posted on October 10, 2017 by Laura Lam

The banking industry’s image with the American public has climbed to its highest point since the 2008 financial meltdown, with 43% now viewing it positively and 30% negatively. But Americans still view banking less positively than they did in the years leading up to the crisis, when it ranked above the average forĀ other industries Gallup measures. The public’s net positive rating of banking — the percentage with a positive view minus the percentage with a negative view of it — slid from +32 in 2007 to -23 in 2009, and bottomed out at -28 in 2010 and 2012. This year’s…

How America Spends Money on Food

Posted on May 30, 2013 by Saldutti

Thirty years ago, the average household spent about 17% of its income on food. Today it spends about 11%. It’s a global trend: Food is getting cheaper relative to incomes everywhere with rising incomes. But there’s also a distinctly American thing going on here. We spend less of our cash on food than any other country – half as much as households in France and one-fourth of those in India, according to Bloomberg Business Week. In fact, if you consider “cheap eats at home” the most important measure of social welfare, the United States is the greatest country on earth….