Wow, spot on! Likely not news to anyone here, but I really wonder how many people out there are smart enough to realize how amazingly cheap the stuff we buy is, and really think of where it comes from.
Cheap in price, but also quality. The crap we buy today feels like garbage compared to 20 years ago. Maybe I'm getting old, but consumer products today seem watered down and made of the weakest thinnest plastic that the masses will put up with. This applies to consumer electronics, appliances, kid's toys, you name it.
I'd bet when you think of old stuff, you think of a singer sewing machine or a '57 chevy, stuff that withstood the test of time. well the world was full of crap then too, most of it broke and got thrown away. My toys are more than 20 years old. they are cheap plastic. they aren't even painted, just a few sucky stickers. Our microwave when i was a kid would make parts of food smoke while leaving other parts frozen solid. Consumer electronics? i think timex made it's reputation by being a slightly less crappy watch.
You name it. You can certainly find 1 example of a stellar product that lasts for years and years. There are hundreds of that products peers in the landfill.