At cross-purposes
We are hearing about plans to jump-start the consumer sector of this country (and that of our trading partners) but it looks like all indications are that the new meme going around, which is really an old, old meme, is of scrimping and making do.
To counteract this addiction to destructive savings behavior, perhaps the government could put strings on the funds it doles out to bias its use toward a multiplier greater than one. For instance, we could reward people who spend money on things which are actually addictive (drugs, alcohol, sports, greasy food, religious ecstasy, political extremism, etc.) so as to get them hooked and more willing to part with their own dollars in the future. Or we could make conspicuous consumption more fashionable again in the public eye by using the media to continue promoting extravagance, only more so. Or we could put something in the currency so that if it isn't passed along to someone else, it will self-destruct noisily and messily. Mix in a little bit of patriotism and almost anything can take off even if it doesn't sound that good in the first place.
- There are all sorts of blog posts like the one on 15 Things You Should Never Pay For telling avid readers what they can avoid parting with their cash to obtain.
- Most of the comments on the thread asking How are you coping with collapse-anxiety? speak of simplification and doing without luxuries
- The financial station CNBC has a feature advising people not to go to far in slashing the household budget
To counteract this addiction to destructive savings behavior, perhaps the government could put strings on the funds it doles out to bias its use toward a multiplier greater than one. For instance, we could reward people who spend money on things which are actually addictive (drugs, alcohol, sports, greasy food, religious ecstasy, political extremism, etc.) so as to get them hooked and more willing to part with their own dollars in the future. Or we could make conspicuous consumption more fashionable again in the public eye by using the media to continue promoting extravagance, only more so. Or we could put something in the currency so that if it isn't passed along to someone else, it will self-destruct noisily and messily. Mix in a little bit of patriotism and almost anything can take off even if it doesn't sound that good in the first place.
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