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Reply to "Sad commentary on the American way of life"
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[quote=Anonymous][quote=Anonymous]Sad commentary on late-stage capitalism anyway. Back when we had strong unions and high taxes on upper tax brackets, working Americans weren't living so close to the edge. [/quote] This isn't true in any way. People just didn't feel as entitled to as many things so savings rates were higher. There was less access to credit so there was a lower level of personal debt. People saved for what they needed and prioritized. [/quote]
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