What changed

[eggsarascal]

When I was growing up in Seventies and Eighties most mums stayed at home to bring up the family, this meant dad earned enough money to keep the family. We went on holiday a couple of times a year and did the usual stuff that families did. Nowadays it seems most everyone I know go to work (men and women) and still seem to be struggling.

 

So what changed and when?

[10 Bears]

I wonder what it could have been?

 

[Gary Prentice]

£300 trainers, big screen TVs £500,000 mortgages and other things we need

[aspenarb]

£300 trainers, big screen TVs £500,000 mortgages and everything we think we want

 

Fixed that for you Gary.

 

Bob:)

[Gary Prentice]

No, no, no, no things that we really need.

[jomoco]

PNAC built a burger?

 

A twenty one trillion dollar one, with everything?

 

Ray gunned into passivity?

 

A suicidal proclivity?

 

Jomoco

[Marc Lewis]

People are not as careful with money as they used to be. With cash on tap i.e. credit cards, its easy to get in a pickle. And as gary said, **** we dont neccessarily need

[jomoco]

How about the corporate share of the tax burden shrinking, while the individual share of the tax burden expanded?

 

Bernie Sanders says tax share paid by corporations has fallen from 33% to 9% since 1952 | PolitiFact

 

Jomoco

[Mick Dempsey]

Jomo. You always remind me off Roger Irrelevant.

 

Wibble

 

To answer the OP.

 

People are more aspirational. They want stuff, not having the stuff that they're friends/family have is lame.

 

Add in the rise of the working woman, who can earn as much as the man and is no longer content with just being a housewife.

 

These aren't the definitive answers, just factors IMO.

[eggsarascal]

I get the bit about us all wanting things and wanting them now.

 

This is what got me thinking. Mum and dad had an extension built in the early Seventies, then in the early Eighties they had central heating and double glazing fitted. Where did the money come from?

 

The one and only time they had finance (apart from a mortgage) was when dad got himself a new car in 1984 (A reg).

 

Money must have gone a lot further in those days, or am I missing something?