Posted on 11/08/2021 5:12:44 AM PST by sodpoodle
I was doing that when my editor "corrected" me.
I did not know it was "old school" until three years ago!
I wonder what those net worth amounts are. What if you eliminated the top 1% who are likely skewing the average? I bet this ratio is less than 47X.
*** Of course kids today are good at instant gratification.Sad,IMO.***
When Nintendo video games came out, I cursed them. People, my husband included, were mesmerized by them. The instant gratification was so fast, no work involved at all. Because of the mesmerizing effect, productivity went down. Sure, it was relaxing for him, but there was nothing to show for it.
If I sewed or crocheted, it was relaxing, AND productive. Reading a book enlarged our brains.
So I didn’t want those video games in my house but I lost that battle. They were all the rage, and still are. Our children grew up with the instant gratification tools and I can say, I think it has been detrimental to their maturing.
JMHO.
“...I’m almost 70 and my mom is still with us...”
Same here but YOU’RE lucky.
I lost mom in 2014 and it’s not the same life or the same world at all. I bet I dream of her 3 or 4 times a week!
That’s just it. It isn’t a posted article. It’s commenting on someone’s email. We have no facts to back up this assertion.
I’m 63. I remember milk and bread deliveries and doctor house calls, but refrigerators became common in the 1930s, so I never saw ice deliveries to my family. I’ve seen ice boxes in older houses.
But the kids of today grew up being at least two generations removed from struggle and hardship...thus we see their "if it feels good do it" attitude.
And that attitude can reflect on net worth...among many other things.
In my relative youth, buying a house as soon as possible was an important idea.
My neighbor Paul died and his granddaughter inherited his house. She wants to sell it to pay off vehicle loans. I talked to her mom, who has tried to talk to her into holding on to the house, which needs lots of work. The granddaughter and two friends pay $1600 a month for an apartment.
I’ve got plenty of tread left on the tires…
I’m almost 73 (January)... I remember the Ice Cream man when I was young had a cart with dry ice and was pulled by a horse...
We associate the malaise economy Carter years of our childhood with other fads we'd rather keep in the past like disco.
And my wife's and mine net worth is three times the average net worth of 35-44 year-old households, at least according to https://www.cnbc.com/select/average-net-worth-by-age/. I guess that's not too shabby for living in low cost of living Alabama.
By about 1865 the US was a major industrial country due to the Civil War and by the 1880s a world technology leader due to the patent system.
Same here, aside from home milk and ice deliveries, I can relate to everything in that post
In the late 1970s Baltimore had old black men selling produce from horse-drawn carts.
“I use ‘he’ and ‘his’ as the indefinite pronoun”.
Me, too. I expect many people don’t even know there was a time when that was the proper way. The younger generations have massacred grammar, usage, and syntax. And definitely two spaces after a period!
My Democratic neighbors have two daughters. One is an engineer who is quite wealthy due to frugal habits and investments in leading tech companies.
Their younger daughter was a spender until mom urged her to buy a house.
It is very easy to spend money on consumer goods because the choice is so broad.
That’s because the youngsters are poor money managers.
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