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Where are you spending your money?

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Play from 0:00[0:00] ..." For talking with pollster John Zogby also the author of the way will be the Zogby report on the transformation of the American dream John thank you for joining us. Your latest poll looked at what we're doing with our money in this sour economy and you have some pretty big numbers when it comes"...

Play from 0:54[0:54] ..." Exactly it's wide ranging though it's not just simply the the movie theaters but it's also a lot of things I think that. We have taken for granted I know that retailers have taken for"...

Play from 2:09[2:09] ..." on their. Grocery purchases and many people have gone without medical or prescription drug care."...

Play from 3:20[3:20] ..." John Zogby thank you. Thank you good talking."...

Play from 0:00[0:00]" For talking with pollster John Zogby also the author of the way will be the Zogby report on the transformation of the American dream John thank you for joining us. Your latest poll looked at what we're doing with our money in this sour economy and you have some pretty big numbers when it comes to people and what they're spending are not spending on entertainment what did you find."

Play from 0:21[0:21]" 40%. In terms of Bob money being spent on entertainment. That in general. And then you know wouldn't drill down even further it's up to 70%. Down some luxuries. And -- so no question about the fact that. Americans feel they have left the stand in they're going to be much more judicious. On -- as well."

Play from 0:44[0:44]" And we use talk about entertainment. Your including eating out at restaurants and buying items that. Like electronics and that sort of thing."

Play from 0:54[0:54]" Exactly it's wide ranging though it's not just simply the the movie theaters but it's also a lot of things I think that. We have taken for granted I know that retailers have taken for granted for many years but. -- they want to add that this is an acceleration. Of the trends. That really been taking place over the last 1012 years that Americans in fact. Growing number are spending less anyway now court the recession hit in you do it acceleration of the term."

Play from 1:25[1:25]" I find it interesting John in -- surveyed this affected people across a wide spectrum of income levels."

Play from 1:33[1:33]" It really did and that's what's important this is the recession and that's what recession thereabouts. And so the typical divisions. Have been have not for the rich you've gotten richer in the world who've gotten who were. Sort of been stabilized the little bit of that with what you have really is across the board people. What they'd be much more judicious with the dollars that they."

Play from 2:02[2:02]" OK so they're not spending as much money and certainly of cut back quite a bit on entertainment you also fun they're cutting back on their. Grocery purchases and many people have gone without medical or prescription drug care."

Play from 2:15[2:15]" That's the sad part you know when you live in a country where over 40%. Are afraid of losing their jobs in the next two twelve here that the staggeringly high figure and you're at a point now where double digit evidence that lost their jobs or working get a job that pays less than the previous two. That there are cutbacks that are being made many instances just simply out of necessity. -- they're being much why they're in terms of the dollar they spend who would. Although maybe why Hillary isn't the right words that are buying unhealthy food. And it is we -- from from news reports they're being buying an awful lot of food and real bargain prices. But cutting back on health care. Point toward the direction of a serious crisis. In the country that means that lack of money for preventative health care and all the people not seeing the doctor reed visited the emergency room. When they need to do it."

Play from 3:20[3:20]" John Zogby thank you. Thank you good talking."

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