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[–] cyclops1771 ago 

True, it forced the middle class into a spiral of debt. That and the push for more and more housing loans, and ever larger homes. I mean, the middle class of 2 generations ago (pre-Boomer) would live in a 3 bedroom home with 4 kids. Parents had a room, 2 kids to a room. Why does every kid need their own room? It makes them anti-social, and creates their own "safe space." Look what that has done to us!

But I digress. Remove jobs, put pressure on families, force debt spending, planned obsolescence, throw away society with cheap plastic crap, and that purchase that would have been a ten year purchase 40 years ago is now a repeatable one every 3-4 years. 2.5 the spend for the same item. It is no wonder we are in the hole we are in.