Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Do way too many people have too much money? Is that why

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 11:43 PM
Original message
Do way too many people have too much money? Is that why
we as Dems are having such a hard time passing things like HC and jobs bills etc?

The reason I asked is because I just heard a news blurb about Avatar, a MOVIE, has made $1.8 BILLION so far! If things are so bad/, how do so many people afford to spend that kind of money?

Please don't think that I don't care about the unemployed and underemployed. That's not true. I've just been having a hard time understanding why so many people don't sem to care, and it seems like if the economy doesn't affect them directly, they just don't care!
Printer Friendly | Permalink |  | Top
leftygolfer Donating Member (287 posts) Send PM | Profile | Ignore Tue Jan-26-10 11:45 PM
Response to Original message
1. to be fair, $8 for a movie isn't indicative
but i have a brother-in-law who has the cushiest job in history, travels the world on the company dime, and goes on gambling and golf junkets every few months. so some people definitely have too much. and some us, not near enough.
Printer Friendly | Permalink |  | Top
 
napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:03 AM
Response to Reply #1
7. At $8 a pop, that's 225,000 people went to see that movie!
That's a LOT of people if you ask me!

1 800 000 000 / 8.00 = 225 000 000
Printer Friendly | Permalink |  | Top
 
Electric Monk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:30 AM
Response to Reply #7
10. Decimal point fail. Missed it by a factor of a thousand.
1,800,000,000 / 8 = 225,000,000
Printer Friendly | Permalink |  | Top
 
JHB Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 09:31 AM
Response to Reply #10
31. That's worldwide, not just US box office, correct?
and does the 1.8 gigabuck figure include any other forms of merchandising?
Printer Friendly | Permalink |  | Top
 
salguine Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 01:03 AM
Response to Reply #1
23. Eight bucks!? It's $12.50 in New York City.
Printer Friendly | Permalink |  | Top
 
TankLV Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 11:50 PM
Response to Original message
2. I'd say it's because a select FEW have too much money...
Edited on Tue Jan-26-10 11:52 PM by TankLV
not "too many"...

and these few control almost EVERYTHING for their own selfish benifit, damn the rest of us...

and, to be honest, I don't ever remember paying a BILLION DOLLARS to go to ONE fucking movie, no matter how good it was said to be...
Printer Friendly | Permalink |  | Top
 
Ardent15 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:31 AM
Response to Reply #2
11. Spot on.
nt
Printer Friendly | Permalink |  | Top
 
Ozymanithrax Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 11:54 PM
Response to Original message
3. We live in a society of isolated consumers sold by the media...
on this middleclass ideal. Television teaches us that the poor are poor because they are stupid and lazy. The middle class, the prefered class, have beautiful houses full of wonderful things. So, we live our life in pursuit of wonderful things and have lost our link with each other.

Our world is all bread and circus, both provided by the media and big corporations that make an endless stream of new must have gadgets.
Printer Friendly | Permalink |  | Top
 
Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 11:59 PM
Response to Reply #3
5. +1
Printer Friendly | Permalink |  | Top
 
Foo Fighter Donating Member (621 posts) Send PM | Profile | Ignore Wed Jan-27-10 12:26 AM
Response to Reply #3
8. That's my take on it too.
You know the old saying: "It's your neighbor loses their job, it's a recession. If you lose your job, it's a depression." Living in relative isolation from our neighbors and being spoon-fed what to think from the tee-vee only exacerbates the problem. Just today, they announced that consumer confidence is up. Hooray! Let's all go out and spend money!

Now, I'm no expert and I don't know how they measure "consumer confidence" but I suspect it's nothing more than one of the many bogus stats they throw at us. In talking to my neighbors and co-workers, I'd have to say consumer confidence is down. Like waaay waaay down. Most people are scared shitless about whether they will have a job next month and have zero confidence that things will get better. They all think it's all downhill from here and things will get a LOT worse before they ever get better. If they get better at all. The see the current government as offering "more of the same" and they're not at all happy about it. Not one bit.
Printer Friendly | Permalink |  | Top
 
leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 01:19 AM
Response to Reply #3
26. +1
Printer Friendly | Permalink |  | Top
 
bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 11:57 PM
Response to Original message
4. No
A few people have too much money.
Printer Friendly | Permalink |  | Top
 
butterfly77 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 10:31 AM
Response to Reply #4
40. and they are the ones...
who lead the debate in this country and many don't even realize it and don't know what is going on and that is what they are counting on,but there are beginning to be more who are sitting at home now who are starting to figure out what has been going on for years..
Printer Friendly | Permalink |  | Top
 
sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:01 AM
Response to Original message
6. 90% of people are employed
Although I've long thought the economy is geared towards the top 40% and they can still spend $8 on a ticket.
Printer Friendly | Permalink |  | Top
 
Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:37 AM
Response to Reply #6
14. Hehehe.... yeah, I'm one of the 90% employed of which you speak.....
I'm makine a WHOLE $9.00/hour now (way less than I made 25 years ago with a salary, benefits, AND the company paid for my school expenses).....

oh, but I'm 'employed' now. But, forgetting all of that, let's do some 'math' now, shall we?

$9.00/hour x 40 hours = $360.00

$360.00 x 52 (weeks in a year) = $18,720

WOW, I'm RICH!!!!!

~~~~

1) 90% AREN'T Employed

2) Even if you are 'lucky' enough to be called 'employed', you ain't makin' sh&t (a living wage)

Stop talking sh*t about just being 'employed'. Just being employed doesn't mean that you are making enough money to cover your/your family's costs and then some to go out and 'do what you want'.....that just isn't "happening"

Printer Friendly | Permalink |  | Top
 
sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:53 AM
Response to Reply #14
18. Okay. Now address the rest of what I wrote n/t
Printer Friendly | Permalink |  | Top
 
Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 01:15 AM
Response to Reply #18
25. ?????
What would you like me to address? What is this "top 40%" of which you speak? It's "not me ANYMORE", so I can't address it.

What is your question please?
Printer Friendly | Permalink |  | Top
 
sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 02:02 AM
Response to Reply #25
28. And "they can still spend $8 on a ticket"
So clearly I wasn't talking about people making $9 an hour who are most obviously not the top 40%. But since you aren't ANYMORE, well at least you were at one point which is more than most of the bottom 60% will ever be able to say.

Printer Friendly | Permalink |  | Top
 
MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 09:42 AM
Response to Reply #6
36. Actually it's more like 80-83%, given the number of people who have given up looking for work
A figure that conveniently goes by the wayside when the government talks about unemployment.
Printer Friendly | Permalink |  | Top
 
StClone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:27 AM
Response to Original message
9. Why is Mylee Cyrus worth nearly a billion?
Edited on Wed Jan-27-10 12:27 AM by StClone
Many people spend money on small (Often faddish) things, repeatedly, especially the young. It adds up.

Will your daughter ask for a tat like Cyrus's: Miley Cyrus' Tattoo On Her Chest (under left breast for Christ's sake) says "Just Breathe." Just freaking breathe! Genius I tell yah.
Printer Friendly | Permalink |  | Top
 
Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:34 AM
Response to Original message
12. Way too few people own everything but many people have a little discretionary.
income to spend on a movie like Avatar. Most people with jobs can plunk down the price of a move, like maybe $15. Since the movie is released worldwide, it's not hard to figure out how it could gross so much.
Printer Friendly | Permalink |  | Top
 
dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:34 AM
Response to Original message
13. too many people have too little money...and too many people have too much money...
and POOF went the middle class.
Printer Friendly | Permalink |  | Top
 
ChicagoSuz219 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:39 AM
Response to Original message
15. Movies always make money in a recession/depression...
...even at $8 a ticket, it's still a cheap form of entertainment when compared to dining out, Broadway shows, concerts, traveling, etc.
Printer Friendly | Permalink |  | Top
 
Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 02:04 AM
Response to Reply #15
29. yes
movies are a normal part of "staycations" during a recession as opposed to vacations when times are good
Printer Friendly | Permalink |  | Top
 
gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:44 AM
Response to Original message
16. it's not like tickets were $1000 each
That's worldwide ticket sales, IIRC, and in big cities and IMAX, the ticket prices are probably closer to $15 each.

I think it's more indicative of the dearth of decent movies out lately, especially in the action genre. And it was extremely well hyped, and to be fair, the graphics are pretty revolutionary.
Printer Friendly | Permalink |  | Top
 
Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:58 AM
Response to Reply #16
21. When you only make $350/week ..... $15 is a LOT of money .....
come down from your kingdom and see what the 'real' people (your base) have to deal with.....they're not going out to the moooovies, even though they would *love* to.
Printer Friendly | Permalink |  | Top
 
HiFructosePronSyrup Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:59 AM
Response to Reply #21
22. Yeah, I'm not buying it.
Everybody goes to movies.
Printer Friendly | Permalink |  | Top
 
Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 01:07 AM
Response to Reply #22
24. I don't. I've got car insurance (to get to my job) and my phone, and utilities
and food to pay for....and then there is mortgage/rent.....

A movie is a luxury now, which I just can't afford.

My kids needs clothes, underwear, books, teethcleaning, a physical for school.....#360/week doesn't go very far. It SURE ain't taking us to any movies.

I'm RESPONSIBLE and don't spend my money on *useless crap*....and going out to the movies is now "useless crap" in our now 'economic world'...that's just "how it is".
Printer Friendly | Permalink |  | Top
 
ProudToBeBlueInRhody Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 09:35 AM
Response to Reply #24
33. You seem very angry
Some of us make $350 a week, but we don't have kids. Maybe we can spend 20 bucks a week to treat ourselves to something. For me it's hockey games. For some it's movies. You don't afford yourself such treats. Good for you. You are better than us.
Printer Friendly | Permalink |  | Top
 
lukasahero Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 09:47 AM
Response to Reply #33
38. I also think people forget how many kids go to the movies
Everybody here is talking like adults with mortgages and kids are the ones who are going to see movies. They're not.

"Demographics

Of the total U.S. population (which is about 265 million), the two largest groups that go to the movies are 16 to 20 years of age and 30 to 39 years of age. Each group makes up approximately 19% of the theatrical, movie-going population. Attendees under 30 years old are, and have been, the dominant force in the movie-going public."

http://www.mecfilms.com/moviepubs/memos/moviein.htm
Printer Friendly | Permalink |  | Top
 
gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 09:27 AM
Response to Reply #21
30. I understand that...
The OP just made it sound like the success of Avatar had something to do with Wall Streeters having money to burn, so they went to see a MOVIE.

Avatar is succeeding because everyday people are excited to see it, some multiple times. This is NOT because they have "too much money" -- it's just that they're choosing to spend it on this.

And the $15 ticket mention had to do with those who were sugggesting the average ticket price was $8, when it's probably somewhat higher, so maybe not quite as many people have gone to see it.

Yeah, you should see my kingdom...
Printer Friendly | Permalink |  | Top
 
ProudToBeBlueInRhody Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 09:31 AM
Response to Reply #30
32. In my area, matinees are five dollars
I think they are most places.
Printer Friendly | Permalink |  | Top
 
gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 10:27 AM
Response to Reply #32
39. I'm in Ohio, and here first run matinees are $7 or $8
I think some theaters may even be charging a little extra for the 3-D.

Plus, the theatre at the fancy mall doesn't even have matinee prices.

But whatever. The movie is making a ton of money because it's popular, and many people who have some disposable income are choosing to go and see it. Many of them are enjoying themselves, which is the purpose of living. Granted, not everyone feels they can spend the money to go because of their financial situation. But that doesn't mean nobody should go. And it doesn't make those who choose to go bad, or insensitive, or elite, or unconcerned with those less fortunate.

The OP was written as if he were bemoaning the skyrocketing sales of jewel-encrusted ivory back-scratchers.
Printer Friendly | Permalink |  | Top
 
shraby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:53 AM
Response to Original message
17. Even in the Great Depression the movies did quite well.
It was a rather cheap way to escape from the worries. I don't know why they would do so well now though with television, the internet, and video rentals.
Printer Friendly | Permalink |  | Top
 
JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:54 AM
Response to Original message
19. I saw the movie, but I hope that DUer enthusiasts for Avatar
remember that this $1.8 billion will go to Fox News Corp.

Two major investors in Fox News Corp. are, of course, Rupert Murdoch and second largest investor Saudi Prince Alwaleed. So if you see it, you are putting money in their pockets.

Great visual effects -- but remember who profits.
Printer Friendly | Permalink |  | Top
 
HiFructosePronSyrup Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 12:55 AM
Response to Original message
20. There's as much money now as there was before the recession.
This country's swimming in cash.

It's just not flowing through the series of tubes as quickly as it should be.
Printer Friendly | Permalink |  | Top
 
ProgressOnTheMove Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 01:51 AM
Response to Original message
27. What it really teaches us s we have to make health care cover Pandorans then people will care.
Edited on Wed Jan-27-10 01:51 AM by ProgressOnTheMove
Printer Friendly | Permalink |  | Top
 
PA Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 09:36 AM
Response to Original message
34. Actually, Hollywood did pretty well during the Great Depression.
People went to the movies to escape the harsh reality of life. I would guess it's still the same today.

http://xroads.virginia.edu/~ug02/film/hollywooddepression.html
Printer Friendly | Permalink |  | Top
 
ProudToBeBlueInRhody Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 09:37 AM
Response to Reply #34
35. "Brother, can you spare a dime?"
Or in this case, eight bucks.
Printer Friendly | Permalink |  | Top
 
Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 09:42 AM
Response to Original message
37. During the Great Depression the film industry did quite well
people needed escape more than almost anything. "Avatar" is fantasy fluff that's completely immersive; it takes people away from their own problems to a place where the weak triumph over the powerful. No wonder it gets so much repeat business!
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 19th 2024, 05:21 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC