I just got back from a bike ride to the Baskin-Robbins store where I bought a hot fudge sundae. At the table next to me was a young man and his 3-year old daughter. He told me that he had picked up his daughter from day-care and they both decided to get an ice cream treat.
I mentioned how much more complicated life is now than when I was a 3-year old back in 1940. Our house then was a 2-bedroom, 1-bath with a one car garage. We had only one car. My father worked and my mom stayed home taking care of her home and children. None of the mothers of my friends had a working type job back then.
This man told me that both he and his wife work, and that they are barely making out financially. We both have to work he confessed. We can't make-out any other way.
I wondered to myself how it came to pass that families decided that they needed two cars, a big house and a lot of credit card debt?