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Originally Posted by 100_Percent_Juice
I fear that with the way children are being raised today is going to screw everyone even more. Then combine that with times like our grandparent's had to struggle through. Thats scary.
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Well, the nation was full of oblivious arrogant pricks in the "roaring 20's". It's partly why we got into the Depression.
This sound at all familiar?
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Originally Posted by Wikipedia
In the 1920s, in the U.S. the widespread use of purchases of businesses and factories on credit and the use of home mortgages and credit purchases of automobiles, furniture and even some stocks boosted spending but created consumer and commercial debt. People and businesses who were deeply in debt when a price deflation occurred or demand for their product decreased were often in serious trouble—even if they kept their jobs, they risked default. Many drastically cut current spending to keep up time payments, thus lowering demand for new products. Businesses began to fail as construction work and factory orders plunged.
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Just change 1920's to 2000-2005. But it was those prick's kids that ended up going off to fight in WWII, and later became the hard-working folks that turned the US into a super-power in the 1950 and beyond. And it was their success that we've been riding on since then... now as a nation we've got the same sort of sense of entitlement the folks of the 20's had.
It's a shame history repeats itself.