Is it just me or was the average family American family basically living poor up until the 70s?
everyone I have ever talked to from this time frame always talked about how little they had and growing up having nothing like what their is today
- ANDRE LLv 71 month ago
Well, it is just you who posted this to Television, Comedy.
Try in History.
And, the fact is that most American families were comfortably well off in the 50s to 70s.
- Anonymous1 month ago
People today have things but only because they're all in debt living on credit cards.
- Anonymous1 month ago
It depends upon your frame of reference. People have more today, because more exists today. In the 1970s we didn't have computers or tablets or cellphones. But most households had one or two TVs, at least one in color, and console TVs (which were considered flashy and cool) were trendy. But many things were more expensive. Clothes, for example, were made in the US by union labor, so they cost more than today's Chinese-produced clothing. People had fewer clothes, but they were higher quality. Also, the average household today has massive amounts of debt that would be unacceptable in previous decades. People before the Reagan era saved for retirement, and paid cash for large purchases. Credit didn't catch on in a big way until the 1980s. People used to live within their budget and have relatively large savings accounts. People today tend to spend money they don't have an are much more comfortable with going into debt.
- PearlLv 71 month ago
maybe the economy is better now
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- EntropyLv 71 month ago
No. On the contrary, America has been a very affluent place even back before it broke away from England in the revolution. However, poor is a relative term. A variety of things means we have more 'stuff' than past generations. This is due to technological advances, efficiency advances, capital investments, and other things that those prior generations did to leave us with 'more stuff' and more capacity to make stuff. And we should endeavor to leave an even greater capacity to make 'stuff' for the generations that follow us.
The idea that 50 years later you could video chat with someone in Australia would have seemed like science fiction. There are a lot of changes. Most are for the better. Some are for the worse. For example, journalism is much worse today than it was then. We have more outlets, but those outlets are massively lower in quality as they pursue 'clicks' and fill their pages with sensationalistic headlines and always seek to be fastest rather than caring about being correct.
- RobertLv 61 month ago
Well that depends. If you had everything in the 70s you had a color TV where you could get all three of the networks and a couple of local stations. You may have two land lines for your home if you were rich. You would have had one or two cars. But you had enough common sense not to get too far in the hole so people didn't tend to buy what they really couldn't afford. So there was less to be hand but most people seemed to have what there was.
- pearlmarLv 71 month ago
No. We were average and we and our friends weren't poor.
- DzeLv 71 month ago
it didnt take much to get by back then .. you could have bought two houses 'and' a car for what the average car costs these days ..