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That was depressing.
Toward the end of the article it said that some people may feel better off than their parents at a similar age because they have so much inexpensive bling that their parents did not have. Well, I do have a bit of that, but not much, and not truly blingy. LOL. I can't come up with much more to pay for health insurance, so that could shorten and make miserable our lives, but I feel fairly secure even if we don't have X, Y, and Z bling that the average household seems to have.
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"There is some ontological doubt as to whether it may even be possible in principle to nail down these things in the universe we're given to study." --text msg from my kid http://kiva.org/invitedby/margaret2299 My octogenarian mother invites you to join her in making international micro-loans to alleviate poverty. It's cool! Last edited by Joan.of.the.Arch : 11-10-2010 at 06:10 AM. |
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Sorry but articles like this are bogus attention-getters that gloss over important things like facts.
Yes, the median price of a new home today is more than it was 30 years ago, but the average new home today is double the size of those in 1980 so they aren't comparing apples to apples. Average health care spending is up for sure, but health care has advanced by leaps and bounds since 1980. Conditions that were fatal back then, like AIDS, are now mere inconveniences. I personally have patients who have been HIV positive for over 20 years. Cancers that were deadly 25 years ago are routinely survivable today. All of that has come at a substantial cost for diagnostic testing and treatment, but when the alternative is death, do we really want to return to the health care world of 1980? It is ridiculous to suggest that the average American isn't living better than his/her parents' generation.
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Steve * Despite the high cost of living, it remains very popular. * Why should I pay for my daughter's education when she already knows everything? * There are no shortcuts to anywhere worth going. |
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One thing that I heard my grandfather say when I was a child that always stuck in my head. He was telling stories about the Depression. At one point, he said "nowadays, you get a lot and expect a lot. That isn't any fun."
I think there is a lot of truth to that even though they are often not words I live by. We have a lot more but "need" so much more now so feel poorer than ever... |
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All good points...but that salary index is still sitting there unaddressed.
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Marcus Tullius Cicero: The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance. |
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