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Re: Anyone Else Starting To Fear The Economy?

Posted by Larry Hoover on July 6, 2008, at 10:45:39 [reposted on July 6, 2008, at 13:10:45 | original URL]

In reply to Re: Anyone Else Starting To Fear The Economy?, posted by Larry Hoover on July 6, 2008, at 10:29:08

I just thought of another way of saying what I'm trying to get across....

For *most* people, the economic decisious they're facing are lifestyle decisions, not survival decisions. Buying a more fuel-efficient vehicle, hanging out at the mall/restaurant meals less often, vacationing closer to home....Not about how to feed the family, or cope with having nowhere to shelter them. Being more sensible with credit, rather than outright bankruptcy. We still pay less for food, on a percentage of total income basis, than we did in the 1920's, the 1950's, the 1980's. We're just a little spoiled.

Lar

 

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poster:Larry Hoover thread:838387
URL: http://www.dr-bob.org/babble/poli/20080312/msgs/838425.html