Across the pond

Since writing my posts this evening I have read an article in The Guardian by Jenni Russell. It was headlined, Consuming Anxiety. But it is the nearest article that I have read to what I was writing myself.

Many other articles in The Guardian, and other serious newspapers read mostly by the middle classes, have been giving them all sorts of hints about how they should be cutting down their spending to deal with the recession, which, at last, the boom for ever lot have agreed is now upon us.

Guardian readers, although they probably do not include many of the super rich, are mostly comfortably off. More of them, than the readers of The Times and The Daily Telegraph, work in the public sector. Which is less at risk (but certainly not immune from risk) in the coming recession.

Some Guardian readers are students, with expectations, rather than money. Others have huge mortgages. But some of them are financially secure. Who do not get their satisfaction from conspicuous consumption.

Although they enjoy the good life.

Now is the time for them to spend, spend, spend with a clear conscience. By doing so they are helping the global economy.