More Applicable Now Than Ever Before

[Irving]

Why'd you have to post the whole book?

[HoneyBadger]

Why'd you have to post the whole book?

I've been reading the book for several months now, and I just read this part today. I'm a slow reader/it's a long book.

On second thought, I think the context of this quote is very important, and to the unwitting forum browser, it may not be apparent. This is not so much about personal financial habits, but much more of a champion for Capitalism and free markets.

[Irving]

The cure for dumb kids pining for communism is actually having a financial education to avoid the serious pitfalls 90% of Americans find themselves in today. The problem is that when everything from tv and radio commercials up to the *president encourages rampant spending; people cannot fathom any other way of life. Then you get people demanding that they be given wealth in order to maintain or even increase their spending as that is what they've been trained to understand as "success." By the time people are in such financial trouble that they find out they didn't really need that out of state degree, house 3x the size of what they even need, and shouldn't have financed any, let alone ALL of their vehicles, it's too late for them to recover.

*President going on tv saying how everyone should be going to college, even though the peak of college usefulness ended over a decade ago and trades have been in high demand for just as long.