“Not surprising. When you take a great portion of the middle class and relegate them to low-paying service jobs by shipping manufacturing overseas, this is what you get.”
Agree. But, it’s concerning to see people financing autos for as long as 72 months and much longer. These people will never be right side up on these autos. By the time the note is paid off the car will be junk and worth little to nothing. It does say something about the sense of entitlement that permeates throughout our country though. Whatever happened to the notion of deferred gratification?
Starting with an old beater, then as one’s financial circumstances improves progressing to a better used car, then perhaps to a new one, etc, etc? Answer; gone baby gone.....
“It does say something about the sense of entitlement that permeates throughout our country though. Whatever happened to the notion of deferred gratification?”
Owning houses, cars, or having children are a thing of the past for most American taxpayers; hopefully by now they realize this and react. In the meantime, they’ll rent apartments (who needs a home without children?), lease cars (always have a late model, but no title), and subsidize the children of the gibsmedats and illegals with their taxes.