The consumption of the public is pretty disgusting.
Sez the guys with the $10k-$20k sailing toys.
I'm guilty here too. Just saying we probably ought not pass judgment on this one
I think the nickel and dime stuff adds up to way more than any single large item.
I'm more frustrated with some of my peers that are convinced they have to "out do" each other. Last summer I heard a report that something like only 47% can come up with $500 cash for a surprise bill. Our population spends every available dime consuming everything possible with no regard for tomorrow.
Our entire economy is built on debt and I agree that there are too many people with no savings. This was part of the reason why we pushed the housing industry years ago and that system encouraged people to buy housing which was an investment/savings....except that big banking figured out a way to profit off the poor practices of a lot of people and things got out of control. Even Trump makes his money off debt and by simply using other people's money (debt) to make things happen.
