The buying power of the average American has plummeted

Wut

Let's take cars.......

In 1960, Americans owned 61,671,390 passenger cars or about one car for every three people.

In 1970, Americans owned 89,243,557 passenger cars or almost one car for every two people.

In 1980, Americans owned 121,600,843 passenger cars or a little more than one car for every two people.

In 1990, Americans owned 133,700,496 passenger cars or a little more than one car for every two people.

In 2000, Americans owned 133,621,420 passenger cars or a little less than one car for every two people.

In 2008, Americans owned 137,079,843 passenger cars or a little less than one car for every two people.