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09/28/2010

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Victor

I for one welcome a move away from wasteful spending and towards a more frugal outlook. I always try to make things last, rather than just buying something new because the old one is dirty or "outdated." And I am the same way about how I spend my money, most of the time.

Of course, I wish it were a more natural move, rather than one of necessity. I think a lot of the problems regarding spending are that the people aren't the ones deciding what gets sent on who, but those pulling the strings of the government, get to decide where to spend all the money.

Gail

"This so-called "Free Will" that people think they have is considerably overrated."

sweet.

Erik G. Kagstrom, Sweden

I am surprised that the book "Global Trade and Conflicting National Interests" by Ralph E. Gomory and William J. Baumol is seldom mentioned in the discussion of the American decline. That book explains the whole thing - the Americans naive trust in the market and in the free trade, that will bring them on their knees.
Erik Kagstrom
Lund, Sweden

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