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#439038 - 07/28/09 09:32 PM
Recession is cramping the style of bling culture
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Tranny Whisperer
Porn Jesus
Registered: 08/02/03
Posts: 9221
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source NEW YORK - Herman Joseph's eyes light up when he lists some of his favorite clothing lines: True Religion. Rock & Republic. 7 For All Mankind. Once, he even paid $300 for a pair of black and silver Gucci dress shoes. "I used to like to be fly," the 19-year-old said of his pricey wardrobe. "It gave me confidence in myself." But now, sitting in the Manhattan youth center where he's working toward getting his GED, Joseph is wearing no-name jeans. He, like several of the other young people in his program, lost his job. They've been talking less about who's wearing what, and wearing less of what's in style. For young people from low-income backgrounds, often faced with paying their own way and helping support their families, interest in designer labels is waning as the economic downturn strains wallets and helps boost the appeal of frugality. Staffers at programs serving low-income youth in Los Angeles, Detroit, Chicago and New York notice a reduced focus on top labels, whether due to dwindling resources or changing tastes. It's a shift away from decades-old stereotypes of poor kids obsessed with bling and brand labels. While people with lower incomes have disproportionately sought out high-end brands for at least the last 18 years, they've recently been turning away from them, said Marshal Cohen, chief retail industry analyst at market researcher NPD Group. Spending on designer wear by families earning between $15,000 and $25,000 a year fell by 29 percent in 2008 from the year before, according to NPD. That's a significantly larger decline than for any other income group tracked by NPD. Families earning between $50,000 and $100,000 yearly, for example, spent an estimated 7 percent less on designer apparel in 2008 compared with the previous year. The change has served some retailers well. Joseph and several others at The Door youth center in Manhattan say they have switched to shopping at more affordable chains like Old Navy. Old Navy, owned by Gap Inc., saw June sales at stores open at least a year were down 7 percent from a year earlier, compared with a 10 percent drop for all Gap businesses, which include its more-expensive namesake stores, Banana Republic and other brands. Old Navy carries the least expensive clothing among Gap Inc. stores. At Abercrombie & Fitch, which has long marketed itself as an exclusive youth brand, same-store sales fell 32 percent in June compared to last year — while at the less-expensive Aeropostale, those sales were up 12 percent compared to the year before. Twenty-year-old Daryl Salter, who also is studying at The Door to get his GED, says his friends are bragging less about their wardrobes. Before, there was a common refrain: "Man, I paid $500 for these. How much are those? What you got on?'" Salter's priorities also changed as the economy worsened. He lost his job as a dock worker, and rent on the apartment he shares with his mother and sister in Brooklyn has gone up to $600 a month. Their family's fridge is usually empty, their phone line was cut off and a generous cousin has stopped giving him money. Now he holds himself back from adding to his collection of fashionable baseball hats and hip jeans — focusing instead on how he can help his 18-year-old sister come up with the cash to start college in the fall. His own plans for starting college are on hold. At The Door, "there was a certain period when certain types of clothing labels were clearly more important than anything else," even among some of the poorest members, says Greg Morris, a program director at the center. Now Morris says he's hearing the young people say: "We have to focus our money on what's most important right now — whether that's taking care of bills, or taking care of our kids, or taking care of the rent."
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#439040 - 07/28/09 10:07 PM
Re: Recession is cramping the style of bling culture
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Tranny Whisperer
Porn Jesus
Registered: 08/02/03
Posts: 9221
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Quote:
Not enough cat per square-inch.
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#439041 - 07/28/09 10:30 PM
Re: Recession is cramping the style of bling culture
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Registered Sex Offender
Registered: 12/16/08
Posts: 2401
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Let me get this straight, I should feel bad because a 19 year old that didn't finish High School can no longer afford designer wares??!! Fuck him. Fool. Money. Parted. I hope he turns to sucking cock for rent.
_________________________
"Guage once told me that there is nothing worse than eaten ass of a black dude thats been huffen drain cleaner the night befor." - delanoojos
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#439044 - 07/29/09 01:19 PM
Re: Recession is cramping the style of bling cultu
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Porn Jesus
Registered: 01/02/05
Posts: 5750
Loc: ATLANTIC CITY
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Quote:
Quote:
Once, he even paid $300 for a pair of black and silver Gucci dress shoes
I wouldn't exactly call those shoes. I have those. They're a step above slippers. They have a rubber sole. Great for driving long distances or running errands, though.
So, what black and silver Gucci dress shoes does he mean? The classic Gucci loafers with silver clasp are around $600 unless he's referring to sneakers, but those aren't dress shoes and they start around $400.
Either fucking way, if he is a poor inner city kid who is trying to get his GED at age 19, he has NO business wearing anything more expensive than Payless or the freaking goodwill.
[Ethnic_burg]Unless he be slinging dat dope and running dem Ho-Hos on da side....da side his momma dont know about.[/Ethnic_burg]
See kids, you just received an abbreviated, yet still very effective, lesson in economics, namely WHY poor people STAY poor. They simply refuse to grasp, or the DO grasp but ignore it anyway, the principle that because they currently have limited means, they must tone their tastes and spending DOWN in order to try and accumulate some form of savings, which they can invest or otherwise USE to better their situation with an eye to increasing their earning potential in the long run, which will, in turn INCREASE their savings rate and the amount of liquidity they can accumulate which will FURTHER increase the ways they may INCREASE their earning power....etc etc etc
But it doesnt exactly happen OVERNIGHT which is where most of these poor folks fail....when you live in da ghetto where every night could be your last (hell, every moment could be your last), either from bullets over broadway (REAL Bullets over the REAL street), or from the HIV in your sister's best friend who you decide to fuck when she sleeps over in your living room (which doubles as the kitchen/laundry) in order to escape from her frisky Stepfather (who gave her the HIV)....when your life is seemingly on the edge of oblivion, then saving money to get the fuck out of there seems like a lost cause, so you fucking buy the Gucci (gucci goo) shoes and vicariously elevate your poor ass out of the ghetto, at least until the clerk finishes ringing up the sale and puts the receipt in the bag (assuming you havent shoplifted it....successfully)
_________________________
Are you gonna eat that?
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#439045 - 07/29/09 01:22 PM
Re: Recession is cramping the style of bling cultu
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Porn Fucking Master
Registered: 11/04/05
Posts: 3509
Loc: Pit of Despair
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Shut up Burg. You talk too fucking long you lousy cripple.
_________________________
Fap, Fap, Fap
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#439047 - 07/29/09 02:15 PM
Re: Recession is cramping the style of bling cultu
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Internet Tough Guy
Registered: 07/14/08
Posts: 787
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#439051 - 07/29/09 06:52 PM
Re: Recession is cramping the style of bling cultu
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@
Porn Jesus
Registered: 10/19/06
Posts: 9958
Loc: fortified
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That's cool Free.. you're opinion and all.
You ever pm'd Burg and talked with him though?. He's fucken brilliant and funny way past what you'll ever realize here.
I probably shouldn't say this in the main but a wise man once said.... how did it go? The funniest posts in xpt blah, blah. And then something about never being posted or quoted or some shit.
It's confusing, you get confused. Go J.E.T.S.
_________________________
i just lock, load, and regret. - jamesn
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#439052 - 07/29/09 06:55 PM
Re: Recession is cramping the style of bling cultu
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Tranny Whisperer
Porn Jesus
Registered: 08/02/03
Posts: 9221
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Quote:
That's cool Free.. you're opinion and all.
You ever pm'd Burg and talked with him though?. He's fucken brilliant and funny way past what you'll ever realize here.
I probably shouldn't say this in the main but a wise man once said.... how did it go? The funniest posts in xpt blah, blah. And then something about never being posted or quoted or some shit.
It's confusing, you get confused. Go J.E.T.S.
Lou, that's your kid, now give him a kiss:
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#439053 - 07/29/09 06:57 PM
Re: Recession is cramping the style of bling cultu
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Porn Jesus
Registered: 01/02/05
Posts: 5750
Loc: ATLANTIC CITY
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Lou has a scary avatar, listen to him Free ....
All this time Lou, I never really considered your avatar....what is that guy, a mau mau? Charles taylor loyalist? Ivory Poacher?
+1 to wannacorndog for his invoking ANDRE THE MOTHAFUCKIN GIANT!
_________________________
Are you gonna eat that?
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#439054 - 07/29/09 08:10 PM
Re: Recession is cramping the style of bling cultu
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Pervert
Registered: 09/06/03
Posts: 2042
Loc: Ceara's bunny cage
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Quote:
Quote:
Once, he even paid $300 for a pair of black and silver Gucci dress shoes
I wouldn't exactly call those shoes. I have those. They're a step above slippers. They have a rubber sole. Great for driving long distances or running errands, though.
So, what black and silver Gucci dress shoes does he mean? The classic Gucci loafers with silver clasp are around $600 unless he's referring to sneakers, but those aren't dress shoes and they start around $400.
I don't understand why girls love shoes so much. I was at a department store the other day with my sister and couldn't believe the prices - if they were really well made they might have cost over $100 but there were shoes there for thousands of dollars that looked like they were made in 5 minutes - glued together and then someone sprinkled glitter over them etc.
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#439055 - 07/30/09 03:42 PM
Re: Recession is cramping the style of bling cultu
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Porn Jesus
Registered: 10/19/06
Posts: 9958
Loc: fortified
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Quote:
Quote:
That's cool Free.. you're opinion and all.
You ever pm'd Burg and talked with him though?. He's fucken brilliant and funny way past what you'll ever realize here.
I probably shouldn't say this in the main but a wise man once said.... how did it go? The funniest posts in xpt blah, blah. And then something about never being posted or quoted or some shit.
It's confusing, you get confused. Go J.E.T.S.
Lou, that's your kid, now give him a kiss:
Seriously Panzer... from the garbage can you call a life and existence you bring this weak shit?. I can't say that I'm surprised or even disappointed but I do expect more from you, insect.
I know Gia has been serving you beatings at will lately but lashing out at a dominant male member only serves to prove your incestuous rape status. Life as a Russian meatshield aint easy, ehh Alex?. Kinda explains your enema fetish. heh
Now go to the store, make yourself smell pretty, and shave your back. Daddy and and Uncle Mikhail are on the bottle.
_________________________
i just lock, load, and regret. - jamesn
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#439057 - 07/30/09 06:47 PM
Re: Recession is cramping the style of bling cultu
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Gay For Pay
Registered: 01/13/07
Posts: 1011
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Quote:
Seriously Panzer... from the garbage can you call a life and existence you bring this weak shit?. I can't say that I'm surprised or even disappointed but I do expect more from you, insect.
I thought the photo was well-placed. A cute effort to illicit the response we all knew was coming along, somewhere or other on the board anyway.
Insert Lou's further spitting anger, resentment, and self-declarations that he's "won" below...
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#439058 - 07/30/09 07:07 PM
Re: Recession is cramping the style of bling cultu
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Porn Jesus
Registered: 08/16/08
Posts: 4257
Loc: Counting Kisses
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Panzer's post had "hurt feelings" all over it. When people start talking shit about other people kids, aka "getting personal". You know you've got them good. Beeyaatch...
@ Lou. I don't feel special anymore. 
_________________________
"Nature already created the perfect dishwasher....its called a woman." - Fiend
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#439061 - 07/31/09 02:24 PM
Re: Recession is cramping the style of bling cultu
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@
Porn Jesus
Registered: 10/19/06
Posts: 9958
Loc: fortified
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p.s.
Fiend has taken a turn for the worse and I'm liking it.
_________________________
i just lock, load, and regret. - jamesn
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#439062 - 07/31/09 02:38 PM
Re: Recession is cramping the style of bling cultu
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Tranny Whisperer
Porn Jesus
Registered: 08/02/03
Posts: 9221
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Quote:
hates my child
Not only your child but you, your whole family, and your neighbors within 1 block.
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#439063 - 07/31/09 04:36 PM
Re: Recession is cramping the style of bling cultu
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Porn Jesus
Registered: 08/16/08
Posts: 4257
Loc: Counting Kisses
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#439065 - 07/31/09 05:20 PM
Re: Recession is cramping the style of bling cultu
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Porn Jesus
Registered: 08/16/08
Posts: 4257
Loc: Counting Kisses
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^  Ironically, I turned off the PM's because I was getting sick of southern, drunken, bible thumpin' Uncle B constantly jerk--... A gape lovin' or something?
Turned on just for you, the PM's that is. Make it juicy. 
_________________________
"Nature already created the perfect dishwasher....its called a woman." - Fiend
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