Saturday, April 23, 2005
The American Dream, Has It Changed Us Or Have We Changed It?
There is no doubt about it, the way we handle money today has changed significantly to the way our grandparents and parents handled it.
Over the last 40 years we have become a nation of consumers, instead of a nation of producers. We could be described as grazers living as a collective body, not knowing or realizing how far off the path we have strayed off the path.
In the 1950’s one would seldom hear of a person filing bankruptcy, being foreclosed on. Today however, if you live in a middle-class income neighborhood and drew a circle containing one hundred homes you would find the following:
Over the last 40 years we have become a nation of consumers, instead of a nation of producers. We could be described as grazers living as a collective body, not knowing or realizing how far off the path we have strayed off the path.
In the 1950’s one would seldom hear of a person filing bankruptcy, being foreclosed on. Today however, if you live in a middle-class income neighborhood and drew a circle containing one hundred homes you would find the following:
