- 3,863
The biggest issue is Americans fail to understand the concept of inflation. In 1981 Gasoline adjusted for inflation was around $3.50/gallon. This latest gas frenzy really upset me because I didn't see anyone change their lifestyle, they just complained how high gas was.
Gas is falling FAST - we will be under $100/barrel in no time, however it takes a while to trickle to the pump. You don't hear much on the news about gas prices falling - it is all negative.
There are a lot of items that are dirt cheap now - such as computers. You can get a half way descent laptop for $500 to $700 on sale - try that in 1985, not happening.
Even cars - 30X more reliable and safe then 20 years ago. What does a new Camry start at $16k? Maybe. That is a steal compared to the crap cars of 20 years ago.
People can afford health insurance (in general) they just choose not to buy it, and for good reason when the government will reward your irresponsibility anyhow.
Gas is falling FAST - we will be under $100/barrel in no time, however it takes a while to trickle to the pump. You don't hear much on the news about gas prices falling - it is all negative.
There are a lot of items that are dirt cheap now - such as computers. You can get a half way descent laptop for $500 to $700 on sale - try that in 1985, not happening.
Even cars - 30X more reliable and safe then 20 years ago. What does a new Camry start at $16k? Maybe. That is a steal compared to the crap cars of 20 years ago.
People can afford health insurance (in general) they just choose not to buy it, and for good reason when the government will reward your irresponsibility anyhow.