posted on Nov, 27 2009 @ 05:14 PM
Once upon a time, a single wage earner, could support a family of three or four on a modest middle income. Then women rejoined the work force, to help
push their income levels higher, so that the family unit, could then afford some of the extras, that one income couldn't.
The extra incomes, helped American families achieve a living standard, that had never been obtained before by middle America.
Commerce took notice of the extra income...and not all that long afterwards, began a steady pricing increase on nearly everything. Soon, what used to
be affordable on one income, was now a reset living paradigm that needed two incomes just to get by on.
Unions then began demanding more for the workers, as industry increased prices to consumers. Costs continued to escalate.
After a while, wage earners couldn't make enough fast enough, to afford all that they wanted to buy, and credit companies began to surface, making it
easier to buy on time...everything your heart desired.
Now, people have lost sight of reality. They cannot stand to be the one without. They cannot stand to be told "NO", or that you have to wait for it.
It is a society with an Instant Gratification complex. Everyone is owed the "High Life", and they deserve the best of everything...no matter the
long term consequences. I'll buy it now, and worry about paying for it later!
I often wonder what is wrong with the brain of someone, like a low brow rube bagging groceries, who is telling the cashier that he is going to buy a
NEW Mustang, as soon as he can get a co-signer for his loan! Especially, considering the fact he had a mouth full of bad teeth. His priorities were
totally screwed up.
It is common for someone to have 10,15 or more credit cards, most carrying a balance out of proportion to their incomes. People regularly purchase new
vehicles, that are a financial burden them...yet, they refuse to buy a five year old or older used car...because it is beneath their status.
Peoples priorities are just totally out of whack. Far too many think they should be financially rewarded with huge incomes, benefits, and a bonus
Porsche to boot, just because they have a Bachelors Degree....
Listen to the new college graduate hiss and piss when they can't land the big time fat paychecks of someone who has worked for 25 years doing
something similar. They want the very same pay, NOW!
Why have costs of living went insane? Such as;
A two bedroom apartment that cost $ 160. @ month in 1970, is now more than a $1000 @ month for the very same unit today! Something is very wrong with
that picture!
A modest but nice home that cost $ 17,500 in 1970, is over $190,000 today, for the same home... without any modern upgrades.
A brand new 1977 Plymouth ,Grand Fury with every option was $5,500...today, a vehicle of an equivalence to it, would be in excess of $50,000+. And no
longer American made.
Everything is geared to the dual incomes of working couples. The dual income paradigm is also geared to the college degree holding worker. They tend
to be paid more than non degree holders...so therefore, they are the ones, who have set the standard prices we all pay.
For the single person, who is living alone; "Good Luck" with that situation today! Unless they are making $35,000+ a year, they will be living
mightily frugally.
The Me-ism of America, a society deluded by it is desires of Instant Gratification, and that everyone is owed a fat cat life on E-Z Street...has
pushed the whole nation towards financial chaos and it ultimate demise.
Americans are owed nothing, but one huge comeuppance. It is finally here, and now listen to everyone blubber and sob about losing it all, when they
were ones who lived above their means for over 40 years...
It is time to pay the piper...and his fee is going to hurt!