Quote:
Originally posted by Moses
I wonder if we are going to see a shift to a more european lifestyle. Less consumerism, more thrift. Fewer home owners, more renters. It makes sense.
I see a lot of families struggling to keep pace. At some point they will reevaluate their need for the new car, plasma TV and 4,000 square foot house.
The effects of the "day care" era are indeed showing up. And it's not good.
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+1
From what I have seen on TV of European homes (admittedly have never been there myself), they appear to be much smaller than US homes. I think that the US definition of middle class is probably vastly different than the definition of middle class in Europe. Americans are consumers and we seem to be on a big time binge these days. Is it really middle class to have 2 or 3 cars, a flat screen TV, high speed internet and satellite TV??