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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: damainman who wrote (27376)2/28/2005 3:54:30 PM
From: benwood  Read Replies (2) of 110194
 
Virtually anybody could live on a single income if they did with the same volume of material possessions as in the 60's, including house size. Houses are 60% or so bigger, there are more autos than people, and far more "stuff" crammed into houses. Families apparently need it all and so are willing to work an extra 2000 hours a year for it.
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