To: dynoman
One difference between then and now is that in 1946 there had been years of enforced deprivation and rationing on the home front. People desperately wanted housing, cars, tires, gasoline, clothing, unrestricted food and a lot of other things. If anything right now we've had an overabundance of "stuff" for years. Do I need a new TV, DVDs, car, house, etc. etc.? No. If I were to get a raise I would probably squirrel the money away for the future, either as cash, stocks or gold.
4 posted on
11/02/2010 7:46:38 AM PDT by
KarlInOhio
(Dems' response to 11/2: Do not go gentle into that new day,Rage,rage against the coming of the dawn!)
To: KarlInOhio
The other thing is that you don’t have favourable demographics. That’s a structural problem which has absolutely nothing to do with the debt.
10 posted on
11/02/2010 9:22:24 AM PDT by
BenKenobi
(Support COD - "Cash on Delivery" for DE Senate!)
To: KarlInOhio
They also didn’t have credit cards. I think that is the bogeyman in this whole scenario.
12 posted on
11/02/2010 11:00:02 AM PDT by
EBH
(the first step in a long journey...that finally begins on November 2nd, 2010.)
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