SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: TheStockFairy who wrote (179155)7/11/2002 1:46:03 PM
From: smolejv@gmx.net  Read Replies (2) | Respond to of 436258
 
>>He's missing the point, consumers are spending 4x more now than they were in the early 90's<<

The missing point, however: are they earning 4x more than they earned in the early 90's...

My impression: NO.

dj



To: TheStockFairy who wrote (179155)7/11/2002 2:18:41 PM
From: GraceZ  Read Replies (3) | Respond to of 436258
 
Stuff has become ridiculously cheap in the last five years. I'm not spending more, but I'm buying more. My spending habits didn't rachet up one dime in the last ten years but the number of items I bought did. Ten years ago I had one good computer printer. Today for the same price I have six. I spend 30 dollars on running shoes instead of $120, so I buy two pairs. The patio umbrella I bought at the local discount warehouse for 50 bucks used to cost 400-500 dollars at Smith and Hawkins. It goes on and on....while services, housing, educational costs, cars and medical are going up the prices on STUFF are still dropping through the floor. It all comes down to the fact that retail sucks as a business, I don't know how anyone aside from Lowe's and Walmart is making any money.