Friday, March 13, 2009

Isn't this cute...

Rich people are imitating the poor and finally learning lessons they should have used in grade school like not to show off, live within your means, and give to charity.

And I thought grunge was a trickle up style.
clipped from www.nytimes.com
the recession has aimed its death ray not just at the credit market, the Dow and Detroit, but at the very ethos of conspicuous consumption.
“I think this economy was a good way to cure my compulsive shopping habit,” Maxine Frankel, 59, a high school teacher from Skokie, Ill., said as she longingly stroked a diaphanous black shawl at a shop in the nearby Chicago suburb of Glenview. “It’s kind of funny, but I feel much more satisfied with the things money can’t buy, like the well-being of my family. I’m just not seeking happiness from material things anymore.”

Not everyone thinks the new restraint will last. Ms. Riley, 37, who lives in Atlanta, said she doubted it would extend beyond the recession.

clipped from www.nytimes.com
“It’s disrespectful to the people who don’t have much to flaunt your wealth,” said Monica Dioda Hagedorn "but particularly now I see it as the right thing, as the moral thing to do,"she felt a responsibility to cut needless spending.
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