No. of Recommendations: 12
"The biggest problem we have is a misperception of what American standard of living should be like: in the 1950's the rest of the world was recovering from a global war that devastated every major industrial power...except us. Expecting the kind of growth and standard of living to continue forward at that rate is unrealistic. "

Heck in the 50s....there

1) No cellphones. you had a black rotary dial phone from Ma Bell. Period. YOu could not buy your own phone. Touch Tone was a buck a month more - real money then. More than the minimum wage for an hour.

2) No internet and no charges to connect. Zip

3) No pay TV or cable TV or satellite.

4) No VCRs or movie rentals or REd Box or Netflix. none.

5) Most homes didn't have a dishwasher and few had a clothes dryer.

6) No one had a microwave.

7) YOU DIN"T have 'fast food'. Our family NEVER ate out. Maybe once every 5 years for a special occasion.....or on a vacation trip on occasion.....and all food was cooked from scratch. No meals in a box..... TV dinners were just starting and they were bad news.

8) THere wsn't much stuff to spend your money on! NO pizza delivery. I never had a pizza till I went off to college at age 18.'s almost meaningless to compare 1960s living....where it did take a much bigger chunk of your paycheck for food.....and where it did take a much bigger chunk of your paycheck for cars (they crapped out after five years).....than now.

You got it easy. All sorts of conveniences, info at your command....but more ways to spend your money.

Our poor 'people' live better than 3 billion people on the planet, yet they moan and groan. Maybe they should try living in Togo for a year?
or India or rural China

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.