Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 323.09

+6.3%

2:22 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cary Salsberg who wrote (46446)	5/9/2001 11:25:48 AM
From: TimF	of 70976

OT I recall that people of modest means 50 years ago could afford most consumer goods. My parents, a teacher and a bookkeeper, had a house, car, TV, radios, washer, dryer, power lawn mower, and no debt but the mortgage. Medical care was also not the expensive proposition it is today. People of modest means (say at 35% of the average US income) 50 years ago where poorer then people of equivilently modest means are today. Home ownership is up from 50 years ago. Radios, TVs and cars are frequently owned even by many of the poor in the US today. People of modest means today also have many consumer goods that were simply unavailable 50 years ago. Medical care is more expensive compared to the average income but that is mostly because we can do more today and patients get charged for all of the new medical technologies. Tim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next