Remember When Passbook Savings Rate Was 5.25%... and we thought that was crappy?

Government bonds yielded 8.5%

Money Markets yielded 6%.

We didn't then carry huge debt loads.

We didn't then have inflation out the wazoo.

Gasoline was $.25/gal

Just how is it exactly that we are better off today??

 

We are still screwing up every one around the globe instead them doing to us.

 

I can do all my xmas shopping in my underwear without ever leaving home.

 

We are better off today because the prudent must consistently bail out the reckless, and are told to be happy about it.