Yes, we’ve been had and I don’t understand the way that some seem to look at it. Some years ago I was listening to a man talking about how we all had so much more than people did in the past and I asked him to explain the fact that people I lived around as a child used to own anywhere from forty to one hundred and sixty acres of land and a house with no debt while most in the current era will be lucky to own one acre. His response was that people don’t need all that land now and land doesn’t have the great value in people’s lives that it used to have. Well, if we don’t need it and it has no value why can’t anyone afford it now? Maybe I don’t understand economics.
“as a child used to own anywhere from forty to one hundred and sixty acres of land and a house with no debt while most in the current era will be lucky to own one acre. “
? When I was a child we had seven living in a 900 sq ft two bedroom frame house on less than 1/4 acre.
Our heating was kerosene. We had a wringer washing machine out on the back porch.
One small radio in the dining room and a three-party phone line.
I used to prop myself up in bed to hang my head in the window trying to catch a cooling breeze.
And you say we don’t have that much more now ...
I very much agree...That part of America is way out of reach for most folks nowadays.
The standard of living in the USA is in rapid decline.