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Standard of living before the great depression?
With great interest I always look to the past. My 97 year old grandmother has seen a lot. She seems convinced that the old times were better than today. Living standards that is. Her father was a wealthy man by standards of that day. He imported produce until the 1930s. Like most he lost about everything. But he did own property, a large home complete with a nanny. It seems unimaginable that my grandmother could have been brought up with such lavish standards. So today she asks me about work and if Im happy. I tell her everything is fine. Then I ask grandma about the other grand kids. She seldom has anything positive in the way of news. So finally I asked her pointblank.. Grandma what do you think about times today?? She laughs. She says "Tony boy you shouldn't worry about things you cant change". I ask grandma how are things different besides T.V. and the automobile from when she was a kid?? She thinks and says "well the idea of 30 year mortgage was not imaginable in those times, also so many people having nothing but credit card debt too". I got to thinking she's right. So many people today own NOTHING. They live paycheck to paycheck. They own absolutely nothing. When I was a kid if you ask me what poor was I would have told you farmers are poor. But even farmers are landowners.
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The Pragmatist
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