In Reply to: can we get back on track? posted by troporobo on May 24, 2008 at 17:38:33:
The OP's premise was that audiophilia is dying due to reduced purchasing power
What I actually said was-
"I would propose another factor that has contributed to declining higher end stereo sales for the under 30 crowd since the advent of the ipod. The economy."
There's a distinct difference there...
This is false, as even he proves with his list of modern day "essentials" (HBO, big flat screen, surround sound, computer and high speed internet, cell phone).
No, what I said was-
"The world a recent college grad faces now is far different than it was just 8 years ago. Astronomical college tuition (and hence college loans that have to be paid off) Soaring gas prices, health care, rent, food prices."
I then went on to talk about the competition for their dollar- Computers and accompanying internet bills, cell phones etc. and the fact that those items are now considered necessities by 99.9% of the under 30 crowd. Flat screens, cable bills etc. were listed as choices. (Though maybe not as clearly as it could have been.) Also note the update I added this morning.
With the exception of cable TV none of those things even existed 25 years ago.
Thank you! That was precisely the point. Not only do kids starting out in America have a terrible economy and huge loans to deal with, but the bills associated with the new, very expensive, technologies that we didn't have to deal with 25 years ago. That leaves less money at the end of the day for a high end stereo. Especially when they've got a laptop with 60 gigs worth of songs on it and all they need is a decent pair of speakers to get decent sound out of it.
You want to see "indentured servitude", come and spend a week with me on the job.
I realize by bringing the economy into the discussion it can open that political can of worms best reserved for the Water Cooler. So I kind of took pains to leave the current administration out of the conversation. But if you are aware of things politically as you appear to be, then you are aware that one way to keep the populace docile is by keeping them in debt. The US is deep in debt and individual Americans just went into net negative savings (debt) for the first time in our history just a year or so ago.
Americans have had it good and still have it better than most. But many, many economic indicators are the worst many experts have seen in 50 years or more. Yesterday I was talking about oil at $4 a gallon. This morning I woke up and saw an eminent energy advisor named Robert Hirsch on NBC warning that it could go to $15 a gallon in the very near future. That is life changing, world changing shit if true.
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Follow Ups
- Not what I said... - WW85 05/24/0820:04:02 05/24/08 (1)
- actually I think we are in agreement on most of this - troporobo 20:55:37 05/24/08 (0)