America has become care free when it comes to money. When prices are raised, it is accepted as a challenge. Budgeting is almost non-existent in most households and people without jobs are the biggest spenders. America has spent itself into such debt that when attempts are made to spend less, the stock market begins to crash.
Mostly everyone is stuck in the mentality of, " Just gotta have it"! Whenever there is a new item on the market, it becomes America's item and the media is to blame. Polls are taken to determine what peaks a persons interest most; then commercials and ads are built around that. These advertisers have it down to a science and are manipulating everyone into buying, buying, and buying some more.
Of course, New York is the "fashion capital", there are ads on every corner for clothes, sneakers, phones, etc.. People are hassled and ridiculed in New York City if their attire is not up to par. Being lower class is not an excuse when credit cards exist.
America has reached the point of no return. This nation is in a debt higher than the tallest building and any attempt to change the disgusting financial habits practiced, might further destroy it.
Subscribe to:
Post Comments (Atom)
I completely agree with your opinion on how people are overspending dramatically and how the economy could be so terrible yet as new items are on the shelves the only thing people turn to is more spending. I, too, believe that change would further destroy the nation as it took so long for it to become the way it is that any slight change could trickle down and wipe out the nation.
ReplyDeletePeople do have money management issues as do companies.
ReplyDelete