Saturday, June 14, 2008

Day 36 - Are We Good For The Economy?

Today we were at a barbecue with some of my relatives, and one of them was commending our spending experiment and had told all her kids that they should try it. To be fair, I wouldn't actually suggest it to anyone as bizarre experiments aren't for everyone, but I will say that it has been a great learning experience for us--both the one-month version and this extended one. But that brings up an interesting point--what would happen if Americans were better with their money? Would our economy be better or worse? Do we actually depend on our need to spend?

Thoughts?

New lesson learned: One becomes very philosophical by day 36 of retail deprivation.

4 comments:

bittenbyknittin said...

This is a good question, one I ask every xmas! Many knitting bloggers are knitting out of their stashes these days, which is great for them, but maybe not so great for LYSs and their suppliers. And with gas prices rising, I feel a resurgence of cocooning coming on.

Georgi said...

I have been wondering the same thing lately. People are worried about their budgets, however not many people appear to be cutting back on their spending. I have not bought any new yarn for several months and it is killing me :-) I have been thinking about trying 30 days of no new spending,but I think I have to wait until I am in my new house (if I can ever find one)but I have cut back tremendously. Bravo to you and your hubby!

Qutecowgirl said...

I have heard many people talking about that idea. If everyone watches their money wouldn't the economy get worst? But with the way the economy is how can you not watch you money? It is the whole catch 22 thing. I personally am watching what we spend $ on but we are not totally closing our wallets.

Spiffy Knits! said...

Hey Toni -- thanks for the blog visit! I love what you are doing here!

Anyway, to answer your question -- our entire economy is based on perceived and planned obsolescence. Google "The Story of Stuff" and have your eyes opened.

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