Quote:
Originally Posted by spunkmaster
The US Dollar fell 46% between 1985 and 1995 and the result
was a 15 trillion dollar expansion in American wealth !
So far since 2003 US Wealth has gone up 11 Trillion Dollars !
US factories have been opening up all over the US the last two
years and this is bad for us how ?
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" ....the reality is back in the 1950s a guy had a job, he can support a wife and a large family – maybe 4 or 5 kids; his wife didn’t have to work; his kids all went to college and none of them had to borrow money; and he saved for his retirement – and he did all that on a middle-class income and a high school education, if that. Today, you need two paychecks to support a family, both of them need to have gone to college, and they can maybe have one or two kids and that’s it. Beyond that, they can’t even afford it – and they still have no savings.
With all this booming prosperity how can it be that a middle-class family is so much worse off today than they were in 1950 ?"
from:
http://www.financialsense.com[/QUOTE]