Re: The Electric Car

On Sat, 11 Aug 2007 08:09:13 -0700, MooseFET <kensmith@xxxxxxxxx>
wrote:



Average household income for working families when adjusted for
inflation was $46,058 in 2000 and has since declined to $44,389.
There has also been a decline in the average value of benifits.

This article (below) shows the debt or decreases in savings to
maintian the life style.
http://www.csmonitor.com/2007/0802/p02s01-usec.html?page=1


Europe looks good, until you consider their demographic time bomb:
declining number of workers, increasing retirees, and unfunded
retirement comittments:

http://www.iht.com/articles/1996/01/27/oc.t.php


As far as the US goes, almost everybody has a personal choice about
how hard they will work, how much they will spend, and whether they
want to save or whether they want to blow money on cars, plasma tv's,
junk food, and vacations. It's a shame that so may people run up debt
to buy crap, and have zero or negative net wealth, but it's their
choice.

John


.

Quantcast