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> a situation that has become impossible today (but once was possible, in the America of 1960 or 1970 say) - if you have a medical emergency, if your car breaks down, if a relative needs a place to stay, if your landlord suddenly raises your rent, etc., those careful preparations go out the window

Why these things were less of a problem in 1960/70?




"Why these things were less of a problem in 1960/70?"

The family as safety net was more intact, job churn wasn't as common, medical expenses weren't insane, rents weren't in constant flux, whole industries weren't being continuously disrupted...




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