Day: November 23, 2014
Coined in the 1960s to mark the start to the Christmas shopping season, ‘Black Friday,’ or the Friday after Thanksgiving, is one of the major shopping days of the year in the United States. It is the period when most businesses move from ‘red’ to ‘black’ profit-wise.
While it’s not an official holiday, coming as it does after Thanksgiving Thursday, many workers (except those working in retail stores) get it off. While Black Friday might be a happy day for owners of stores that finally start to show a profit, it has to be Bleak Friday for many of their employees who often give up Thanksgiving with their families for the sales that sometimes start on Thursday. Retail giants like Walmart and J.C. Penny, for example, begin their Black Friday sales the afternoon or evening before, meaning that their workers have to give up a significant portion of their holiday. While I’m sure they get holiday pay (at least, I would hope they do), it hardly seems to compensate for the missed time with family.
Now, I have to begin by confessing that I have never done a Black Friday sale. When I do Christmas shopping, it’s either done in September and October, or the week before Christmas. I don’t really celebrate, but I do buy gifts for my children (when they were small) and now for my grandchildren.
Being aware of how Black Friday impacts many retail workers, I’m glad I’ve never been tempted. Added to this, there’s the fact that we have this period celebrating conspicuous consumption at a time when nearly 7 million households in the U.S. don’t have enough food to eat, and nearly 4 million are unable to provide sufficient, nutritious food for their children. We have more than 40 million people living in poverty, and some 20 million live in extreme poverty (making less than $10,000 per year for a family of four).
While many politicians seem to delight in blaming the poor themselves for their poverty, the U.S. political and economic systems are primarily to blame. In our free enterprise economy, companies are not creating enough jobs for everyone, and the top echelons of business tend to allocate the lion’s share of profit to themselves. Our political system, which one would think would focus on the needs of the people, tends to have other concerns. Military and security expenditures, for instance, make up half of U.S. federal discretionary expenditures; corporations and the rich have greater lobbying power, and as a consequence tax breaks and subsidies tend to benefit them more; and, the Democratic Party; once the party of the working man, focuses on the middle class, often to the detriment of the poor.
As a consequence of this, we have a culture of inequality, with people segregated by income and sometimes race or ethnicity. With jobs scarce and wages low, the lack of income leads many low income people to dysfunctional behavior, creating a vicious cycle – in other words, poverty often leads to more poverty.