Website review: The Fall of the American Consumer
Someone discovered this in Politics
•5 reviews since Mar 11, 2008
politics, economics
•thenation.com/doc/20080324/ehrenreich
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Reviews of this website
BiosyntheticLife rated 2 months ago- From the page: "we've shopped till we dropped alright, face down on the floor"
- OptimizeMe rated 2 months ago
- From the page: "While Americans search for interview outfits in consignment stores and switch from Whole Foods to Wal-Mart for sustenance, the world watches tremulously. The Australian Courier-Mail, for example, warns of an economic "pandemic" if Americans cut back any further, since we are responsible for $9 trillion a year in spending, compared to a puny $1 trillion for the one billion-strong Chinese. Yes, we have been the world's designated shoppers, and, if we fall down on the job, we take the global economy with us. 'Shop till you drop,' was our motto, by which we didn't mean to say we were more compassion-worthy than a woman fainting at her work station in some Honduran sweatshop. It was just our proper role in the scheme of things. Some people make stuff; other people have to buy it. And when we gave up making stuff, starting in the 1980s, we were left with the unique role of buying. Remember Bush telling us, shortly after 9/11, to get out there and shop? It may have seemed ludicrous at the time, but what he meant was get back to work."
- VersesOverCoffee rated 2 months ago
- Nothing wrong with less (non-essential) spending... Buying/consuming more does not necessarily help the economy, consuming less helps the world.
- meatbot rated 2 months ago
- It's true. I predict the amount of luxury shopping (and luxuries go far beyond diamonds) will go down and people will still need to buy all the necessities. Food, basic clothing, and housing will continue to be good markets.
