Americans spend more on shit that they don’t need than ever before. That isn’t really that big of a surprise, even in a terrible economic environment. The toughest decision I faced this year was how many upgrades to put into my new MacBook Pro (hyperbole).
The sad thing is, think how much worse the economy would be if we didn’t spend money on shit we didn’t need. What happens then? $1.2 Trillion dollars not spent is $1.2 Trillion dollars not going towards payroll etc for other people. Spending drives spending, and so grows the House of Cards.