Posted by oldtanker on March 28, 2015 at 19:10:13 from (64.118.3.75):
In Reply to: Our Economy posted by Mike M on March 28, 2015 at 15:27:56:
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Was the same when I grew up. Mom and dad were careful with their money too. One TV that lasted more than 10 years. Washer and dryer were replaced at 17 years. They didn't need to keep up with the Jones's. Today everyone has to have 2 cars, cable or sat TV. An appliance breaks and they replace it. And they have to have it all right now. I learned from my parents. My wife didn't start working until after I retired from the Army and the kids were mostly grown. When everyone was buying new TV's we had an old black and white. While they were paying cable bills we did with rabbit ears. I drove older cars and repaired them myself. I was actually chewed out when I was a platoon SGT by a CSM because he thought I was making the NCO Corps look bad by not driving a new car like my fellow NCO's who were living paycheck to paycheck. That all comes down to personal responsibility. It was more important to me that my kids had new clothing and good meals on the table. Now people want everything under the sun and they have to have it right now. They are making payments on a house, 2 cars, furniture, TV and appliances then buying their clothing on plastic. There it is in a nut shell. By the time I was 5 mom and dad were making a mortgage payment and that was it. Add in utilities and food. Pop was a treat and cookies and candy mom made at home. Everything else they paid cash for. If mom or dad wanted something expensive they saved for it. We don't do that anymore as a whole.
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