[dino7c]

Originally Posted by DownhillGoat

Source? The percentage of my paycheck that goes towards food, transportation, utilities, etc. is certainly higher than it used to be. Pointing to throw-away consumer electronics getting cheaper isn't exactly compelling. Also, the "living like kings compared to our parents" argument is a bit trite. I should hope so. My parents lived like kings compared to theirs because of things like indoor plumbing and in-home hearing. I should hope quality of increases as technology progresses.


Or more accurately, the things we "waste" our money on monthly has changed with technology.

Last time I checked I spent $0 a month on cable, a landline, a pager, CDs, movie rentals, VHS tapes, 8-tracks, phonograph needles, weekly deliveries of ice for my ice box, or whale fat to keep my lamps lit at night.

I feel the same way but I suppose that could be anecdotal...I think the government also gets "creative" with how they report these numbers especially in the US. We have never seen money printing quite like this...it has to catch up eventually.