“being laid off, galloping inflation and sky high interest ala Jimmy Carter”
The same folks who are in denial about Obama think Jimmy Carter hung the moon.
And unfortunately, layoffs, high interest, and inflation will be blamed on Bush.
As you say — Most of these people don’t have a clue who Jimmy Carter is, it’s a generation thing.
But the reality of their nighclubbing life coming to a screeching halt is hard to not understand. I have met some of these types.
Age does not trasfer experience to the young.