I have a friend here in town Mr. Icarus. He's a great guy, but at the same time he is almost a poster child for what is wrong. He is well off, made some serious coin putting together scrape-and-rape subdivisions of McMansions north of town. Now he is holding on to some seriously depreciating properties and cannot quite figure out why all of this is happening to him. Seems that business is shitting on him and he is losing income.
Wifey is the perfect skinny blond princess, drives the Cadillac crossover. Kids are the perfect straight-toothed, right out of Norman Rockwell specials. Private schools and every available lesson and distraction is available.
So Icarus is getting creamed by gas prices on his SUV. Says that he is running $300.00 a month or more. So his solution is: Wait for it....Wait for it.....Park the SUV and go out and buy a little Honda Fit for $17,000 plus tax and dealers.
So the guy spends 17K to save on his $300 buck a month gas payment when he is looking at the abyss.
We wonder why the country is going to hell.