So we've fallen back to where we were two decades ago, the Federal Reserve said this week. The median U.S. family's net worth plummeted 39.4 percent from 2007 to 2010, down to $77,300, about where it was in 1992.
But before looking for a ledge from which to leap, we should pause and remind ourselves that in the early 1990s, we were livin' large in a lot of ways.
With a hat tip to David Letterman, here are 10 things that were phat during that era:
10 The Twins were kickin' it, capturing their second World Series title in five years.
9 It was cheap to dress fashionably, with grunge all the rage.
8 We had a lot more free time, before e-mail, Facebook, Pinterest, etc.
7 Cellphones were da bomb, and some newer ones didn't look like bricks.
6 You could buy a Saab 900 convertible and fill it up with gasoline that cost $1.10 a gallon.
5 "Twin Peaks," "Seinfeld," "Northern Exposure" and "Ren & Stimpy" were revolutionizing TV. (Too bad reality TV came along.)
4 America's largest mall opened in our back yard.
3 Baggy jeans were in style, and they were worn above the butt crack.
2 David Letterman was still hip.
And the No. 1 thing about the early '90s:
The 1980s were over!
Bill Ward • 612-673-7643