IMO the middle class (me) had a good hand in our destruction as well. Growing up my parents were content with a house that was 1x their annual income and 1 car and we only went out to eat a few times a year. Fast forward...... for the past 15-20 years we have moved up to houses that are 3x our annual income, 2 cars and cars for the kids when they turn 16 and we eat out 3-4 times per week. Seems we spent ourselves out of the middle class while we were trying to keep up with the upper class. Then when things got a little rocky we had nothing to fall back on.
The difference between genius and stupidity is genius has its limitations, stupidity doesn't.
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