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<blockquote data-quote="Char" data-source="post: 270296" data-attributes="member: 10877"><p>A strong economy is one that expands. This means more opportunity for everybody. Why are corporate profits a bad thing? Consumer debt is more of a generational/cultural phenomenon. I'm 29, my grandparents had saved money. My parents did not learn from them, as many babyboomers didn't. People want their crap and want it now. babyboomers were far less wise with their finances than their parents were and have passed that on to their kids but its even worse. Babyboomers tended to spoil their kids giving them whatever they want when they want it. They were given stuff as rewards for doing things they should have been doing anyway without having to do anything extra for it. Now the generation X crowd believe they are owed a living from someone else. </p><p> </p><p>Char</p></blockquote><p></p>
[QUOTE="Char, post: 270296, member: 10877"] A strong economy is one that expands. This means more opportunity for everybody. Why are corporate profits a bad thing? Consumer debt is more of a generational/cultural phenomenon. I'm 29, my grandparents had saved money. My parents did not learn from them, as many babyboomers didn't. People want their crap and want it now. babyboomers were far less wise with their finances than their parents were and have passed that on to their kids but its even worse. Babyboomers tended to spoil their kids giving them whatever they want when they want it. They were given stuff as rewards for doing things they should have been doing anyway without having to do anything extra for it. Now the generation X crowd believe they are owed a living from someone else. Char [/QUOTE]
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