Wednesday, October 12, 2011

What Do Walmart Moms Say?

About the return of layaway?

Probably not what Louis Hyman has to say.

Laid Flat by Layaway. (The New York Times, 10/12/2011)

Excerpt: Indeed, rather than reminding us of the morally upright, pre-credit days we left behind, the return of layaway should remind us that in many ways we’re still stuck in that decade: since the early 1970s, the median male wage has declined. Any rise in household earnings has come from more women entering the marketplace, not from higher wages.

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