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White Folks Pandering
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<blockquote data-quote="vantexan" data-source="post: 4555464" data-attributes="member: 24302"><p>And when women entered the workforce in droves households were on average flush with money. The market corrected that by charging more for everything. Spending drives demand, demand drives prices. But I do remember when we got by just fine as a kid in the 60's when my Dad brought home $75 a week and my mom worked part-time while we were in school. Eventually in '77 my dad was making $35k a year, the equivalent of almost $120k in 2010. And my stepmom made another $15k. But their home was bought at early 70's prices and they were able to pay it off by '85. And live very well while doing that. But try that today with our service economy. About half the country is just a little above the poverty line.</p></blockquote><p></p>
[QUOTE="vantexan, post: 4555464, member: 24302"] And when women entered the workforce in droves households were on average flush with money. The market corrected that by charging more for everything. Spending drives demand, demand drives prices. But I do remember when we got by just fine as a kid in the 60's when my Dad brought home $75 a week and my mom worked part-time while we were in school. Eventually in '77 my dad was making $35k a year, the equivalent of almost $120k in 2010. And my stepmom made another $15k. But their home was bought at early 70's prices and they were able to pay it off by '85. And live very well while doing that. But try that today with our service economy. About half the country is just a little above the poverty line. [/QUOTE]
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