Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
While that is certainly true, those who are responsible with their money are also living on the edge.  

Health care emergencies, job loss, pension loss, etc. can swallow up the savings of a middle class family which is living responsibly within its means.  

Especially coupled with the new "every man for himself" cultural philosophy.  One simply does not expect or even hope for one's company, community, or often even one's family (because they too are so close to the edge) to come to one's aid in hard times.  The Credit Card is the new "safety net."  Scary stuff.

Those who can make you believe absurdities can make you commit atrocities. -Voltaire

by p------- on Tue Jan 3rd, 2006 at 12:10:35 PM EST
[ Parent ]
Perhaps, although spending on health care is also a variable that can be controlled: We spend a lot of money in situations where 50 years ago the people would simply have died. And it is hard to voluntarily live in a house comparable to a 1950s house because few people will deal with one bathroom and 1000 square feet while raising three kids. Back in the good old days, we rarely went out to eat. My parents only had one car until about 1960. My upper middle class grandparents went to Europe exactly once, for three weeks, by ship, in about 1955.

People have completely lost track of the way people lived 50 years ago. If there is really a lot of concern, budget yourself to a 1950 standard of living for a few years and save the difference.

I do agree that the Democrats are missing a big opportunity, but I gave up on them a long time ago...

by asdf on Tue Jan 3rd, 2006 at 10:27:56 PM EST
[ Parent ]


Occasional Series