Tuesday, June 3, 2008

everybody's crying over peanuts...

I read a recent article in the New York Times, that exposed how even the uber wealthy are starting to feel the strain of this recession that isn't really happening according to the Bush Administration. Apparently, the wealthy are selling off rarely worn jewelry to high end hock shops, down grading from the Gulfstream to Lear jets and even going so far as to declare brunette the new blonde (because the cost of getting a decent highlight is too much). But the struggle for them is two-fold. Because when you're shall we say, financially challenged to begin with, no one really turns a head if you become poorer. When you're at the top, the tumble is a little more humiliating. Apparently, the anxiety of keeping the summer house when you are barely making the private school tuition payments is driving the Jones to drink.
While there is really only so much sympathy I can have for folks that can essentially buy and sell my life; I will admit feeling a little sad when one guy admitted feeling like his wife would probably divorce him when she found out that not only were they broke but his borrowing to keep up the lifestyle had put them in severe debt. However, for the most part, I'm relieved that the knife is cutting clean across the board. Everybody's lifestyle is taking a hit right now. Fingers crossed, the same hand they're using to tighten those belts will pull the correct lever when it comes time for the presidential election.

Check out the article:

No comments:

Post a Comment