> Does anyone subscribe to this in the current economy?
Not anyone whose net worth is under -say- fifty- or a hundred-million dollars and is older than their mid-thirties, that's for sure.
If you're not rich enough to routinely afford very well-made things, and you're old enough to know that very many things legitimately used to be far, far higher quality for not that much more inflation-adjusted money [0], then you sure as shit don't subscribe to that saying anymore.
[0] And sometimes, far less... especially when you factor in the cost of continually replacing the garbage that's all that you can afford.
Not anyone whose net worth is under -say- fifty- or a hundred-million dollars and is older than their mid-thirties, that's for sure.
If you're not rich enough to routinely afford very well-made things, and you're old enough to know that very many things legitimately used to be far, far higher quality for not that much more inflation-adjusted money [0], then you sure as shit don't subscribe to that saying anymore.
[0] And sometimes, far less... especially when you factor in the cost of continually replacing the garbage that's all that you can afford.