Let’s face up to fact, despite the current financial crisis, this country is a nation of consumers and to regain its lifestyle must continue to spend. Still, there is such a thing as moderation in pursuit of happiness. Oh, the wealthy must still have their car museums and mansions; the slightly lower scale their spacious homes and semi-private neighborhoods, together with flying first class to vacation lands or more moderate family trips via super SUVs to a resort, ranch or DisneyWorld—this is good for America; for in the process the well-off the rich do spread the wealth around.
For the rest of us it is important once in a while to think big: get that HDTV and subscribe to digital, take a relaxing vacation occasionally, go to a fancy restaurant for one’s birthday, splurge on the kids for a happier life, while there is no better way to stimulate the economy. But think twice about buying a home if you are reasonably content in your rental apartment or present modest home. There’s far more to infrastructure than the obsessive housing industry. Senior citizens should make it a principle of living to cash their checks each month to keep the cash flow healthy. Yes, listen to your president shop the malls and discount stores, but be sure you don’t max out your credit card.
And there’s the rub: to have a thriving society American style there does have to be a way to distribute the wealth through stimulus packages of better wages, healthcare for all, retirement safety, better living conditions, along with college and vocational opportunities.
We can do this because we are a materialistic and ambitious people, but we need to be more generous.
Copyright © 2008 Richard R. Kennedy All rights reserved. Revised: Nov 4, 2008.
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