“I just don’t get it,” I say with sarcasm in my voice as I write, admitting that I do talk to myself. “How can an economy that is on the brink of a recession be filled with participants who eat out practically all the time and constantly buy new stuff?”
When I was a kid in the ’70s, we next-to-never went to restaurants other than an occasional Burger Chef and Jeff or McDonald’s. When we did, it was special. In fact, I can count them with one hand and still have fingers remaining. Maybe you can relate.
My favorite clothes were hand-me-downs from friends and extended family. And “Better Homes & Gardens” was a dream on a very small scale… miniscule, actually, if it even existed.
We spent our time working hard and being creative. Boy, do I sound like my mom (my dad died in 1970).
What a great decade! That’s how I experienced it as a kid. When I read history, I realize rose-colored glasses are a great thing.
Anyway, what do you make of these two charts in 2023?
Source: BespokePremium
Think and Win!
Celeste Lindman
Celeste Lindman Trading
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