The only difference I can see is that there are lots more fat women wearing these clothes than in the past. Disgusting.
Bingo. As a healthy, red-blooded American man, I can enjoy eye candy without lamenting the fall of our society. But when the jiggle is in the middle, keep it to yourself.
BUT...I do think it's disturbing to see very young girls embracing the style. At least boys aren't running around in banana hammocks.