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Old 20-10-2011, 22:02   #36
Chrysalis
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Join Date: Sep 2003
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Re: Economy is worse under us, says Cable:

Quote:
Originally Posted by Pierre View Post
Nearly every house hold has two cars, 3 tvs, sky or cable, broadband and several smart phones
You sure thats accurate?

Noone in my immediate family has 2 cars, the only people I know off who have more than 1 vehicle are the ones who have a work vehicle seperate.

Multiple tv's and broadband sure, but the multiple smartphones and cars not so sure.

Also putting things in perspective a TV now days is not the same as it was in the 70s, today its something to expect from a very basic standard of living.

I would say the crisis is worse but the differences are better media shielding of the problem, available credit hiding the true wealth of the country, government policy aimed at doing things like shoring up a unsustainable housing maket. In addition intelligence is stepped up so anti government opinions are more managed and the unions are much weaker now than in the 70s.
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