For the better…
When one gets too depressed over falling stock & home prices, ones favorite football team losing, kids misbehaving or spouses nagging. We need to remember that things may not be as bleak as they seem. Here are some material things that prove the trend toward the better: In 1990, the avg American family had 2 tv’s, 2.43 in 2000 and 2.9. in 2010. In ’90 the cell phone was but a dream yet we had 1 in ’00 and 2.3 in ’10. In ’90 we had 1.77 vehicles, 1.89 in ’00 & 1.92 in ’10. Or that most important luxury, air conditioning, 38.9% in ’90, 53.7% in 2000 and 61.4% in 2010. We are better fed; we are healthier and certainly we have more “stuff” than any generation or
civilization in history, and we’ll be better fed, be even healthier and have even more ‘stuff” in the future. The Gartman Letter 9.29.11
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