This is a shit article. It's like Derek Thompson read this article:
And made up some shit about restaurants.
Here's a great quote:
Here's the quote from the linked article:
Here's another great quote:
But if you look at actual statistics you'll discover that actual miles flown is super-consistent so what's happening is the airlines are getting better at packing people into seats. Air travel isn't expanding, it's getting more boxcar-like. Nowhere in here is revenue being discussed. That data isn't easy to come by - I looked.
Hey, how 'bout another stupid quote?
You just finished saying retail spending was cratering. But okay, what rate is that? Oh, never mind, you don't have data, you just linked to a FRED graph thinking nobody would notice. But okay.
The price of a home-cooked meal, on the other hand, increased by a more modest 0.6 percent over the same period. The cost of eating at home has not compared so favorably with the price of eating out since 2010.
It's almost as if ALL retail is cratering But do go on, make up some shit about pesky whipper-snappers.
 Hey, could you pull some more random shit out of your ass?
Go back to Echo Park, you piece of shit.
HERE ARE THE REAL ANSWERS
1) Money is going to mortgages, student loans, and medical care.
2) Bankruptcy laws used to protect retailers for 18 months, now they protect them for 7. Restructuring and returning to profitability in two seasons is very different than six. With 80% of retail sales occurring at Christmas, a bankrupt retailer can no longer survive until the next Christmas to recuperate.
3) Massively expensive leases that were lowered for the recession and never recovered.
4) Excess retail capacity due to easy commercial credit.
But then, you don't get to blame it on those fickle hipsters. Hey, Derek - could you hate on some people who are literally minors?
Sorry, Derek, the BLS hasn't done a study since 2013 but when they did, they said that teens don't fucking matter.
Yeah. Under 25s count about as much for retail as over 75s (AKA dead people, from a retail perspective). But thanks for making shit up!