Sadly yes....VERY sad day!
My happy compromise is mid-rise jeans...not bum-crack showing YET, not clear way up to my ribs either. MY 80's jeans were pegged so tight I could barely fit my legs down them....THEN I either wore slouched socks that matched my top or I wore 2 pairs of co-ordinating one's!
What "preppie" fashion is not around anymore ...just kidding. Yes and my DH loves to remind me that his Mom made his shirts and used a knock off alligator to make it look like IZOD.....what the heck is a knock off alligator you say...hmmmm don't know but he has pictures to prove it.