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OWLFAN86
Rice Fan
OT Mentor
Member since Jun 2004
142464 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

What Would Happen To The US Economy If Everyone Lived Modest?
you wouldn't be posting so much


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10
OweO
LSU Fan
Plaquemine, La
Member since Sep 2009
79154 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

You serious Clark?


I said an argument can be made.


OWLFAN86
Rice Fan
OT Mentor
Member since Jun 2004
142464 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

I said an argument can be made.

but you cant make it



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50
StupidBinder
LSU Fan
Jawja
Member since Oct 2017
3121 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

I said an argument can be made.


It actually can’t.

Socialism is government controlled and planned economic activity. That has nothing to do with the economy being reliant on consumer spending.


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33
TheFlyingTiger
LSU Fan
BR
Member since Oct 2009
973 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

Armageddon. 4% GDP growth is booming. A 20% decrease would be catastrophic.


without the gold standard, yeah. we're incentivized to spend. not save.


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20
TH03
Iowa State Fan
Dallas
Member since Dec 2008
154598 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

It would be like the 1960s, with better technology


shudders in black


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30
tgrbaitn08
USA Fan
Member since Dec 2007
87826 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:



While that might be the case in some instances, people didn't drive as much as they do today so that helped them have a longer life.



Personally I drive 40k-50k miles a year and have been trading in my trucks every 2-3 years for the past 20 years.

I’d say I drive more than the average person but I wouldn’t say I’m that much above average


OWLFAN86
Rice Fan
OT Mentor
Member since Jun 2004
142464 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

In away you can argue that our economy has a socialist theory to it.

It is dependent on everyone to spread their wealth by buying a bunch of shite.


wherever you went to HS needs to be burnt to the ground


and you claim to pay attention to politics


tgrbaitn08
USA Fan
Member since Dec 2007
87826 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:


Says the guy spouting the dumbest shite about cars. A car built today outlasts those from years ago by multiple times. It is one of the consumer products that has shown extreme growth in reliability/dependability over the last 50 years.


Shut up stupid

Everything these days aren’t made to last.

That includes vehicles

Once Chinese Steele entered the manufacturing industry everything got cheap and cheap.

Nothing is built to last like it used to.


TH03
Iowa State Fan
Dallas
Member since Dec 2008
154598 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

Shut up stupid




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Sweltering Chill
Wofford Fan
Member since Aug 2017
1327 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
I think to answer the OP’s question, it would probably be bad overall for the economy if people started living frugally.. but in the real world today, as it exists, if you (as an individual), can live frugally, keep your car longer, save more money- you’ll be infinitely better off than your neighbor down the street who’s trying to keep up with the Joneses.

Personally, i try to live a minimalist lifestyle where i can (LSU season tickets excluded, ha).. but i think the more ‘basic’ you can live, the better off you’ll be and generally happier, as well.


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40
OweO
LSU Fan
Plaquemine, La
Member since Sep 2009
79154 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

Nothing is built to last like it used to.



This is true when it comes to home appliances, but when it comes to vehicles if you think they are all built to not last long you are an idiot.


tgrbaitn08
USA Fan
Member since Dec 2007
87826 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
There was nothing worth a frick built between 1983 and 2000, even after that it took a few years for good reliable vehicles and vessels to rebound.


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15
OWLFAN86
Rice Fan
OT Mentor
Member since Jun 2004
142464 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

you are an idiot.



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01
chalmetteowl
LSU Fan
Member since Jan 2008
27928 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

You do realize that the population is growing and that auto sales have stagnated and are declining in many instances, right?

that means more people are living where they don't need cars I guess... And fewer teenagers driving which makes the road safer


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00
chalmetteowl
LSU Fan
Member since Jan 2008
27928 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

People start building smaller homes to reduce cost, people stop eating out as much, people stop buying the latest and greatest gadgets that is cool to have, but isn't really needed, etc?
don't forget guys and girls staying married to each other and not divorcing and trying to woo new people... The retail economy depends on our unhappiness


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20
fr33manator
LSU Fan
Baton Rouge
Member since Oct 2010
88427 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
Holy shite...this is actually a decent thread.


Good on you wheels.

Easy credit is ruining this country. It’s inflated the prices of everything while simultaneously making our work worth less.

Because saving up for a luxury purchase isn’t the norm anymore, people don’t value things as much and go into a cycle of debt buying overpriced things they don’t need with money they don’t have.

And don’t get me started on student loans and the skyrocketing cost of tuition for increasingly worthless degrees.

Whoever designed this system of debt slavery knew what they were doing


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130
jimbeam
USA Fan
University of LSU
Member since Oct 2011
55736 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
Cars nowadays are WAY better than 40/50 years ago


tgrbaitn08
USA Fan
Member since Dec 2007
87826 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

Cars nowadays are WAY better than 40/50 years ago


Oh yeah the bells and whistles are definitely much better.

The overall build of the body, engine, and bones, are not.

I blame the unemployed soccer moms


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116
fr33manator
LSU Fan
Baton Rouge
Member since Oct 2010
88427 posts

re: What Would Happen To The US Economy If Everyone Lived Modest?
quote:

What you just described is the basis behind socialism.


What?

No, it categorically isn’t.

Voluntarily living within your means and not spending frivolously isn’t socialism.


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