In the Season 2 episode Christmas, did Jack have money to buy the color TV?

No idea, but the narrator at the end said Jack bought them a Colour TV 2 years later. This turned out to be an error on the writers part, as the Arnold's had a colour TV in episodes well before 2 years later.

:lol:

Also if I remember in season 4 kevin and his dad are still seen watching black and white TV maybe jack bought the color TV and decided to return it back to get his money not sure if they did returns in 1970 because I was not born until late 1990 lol