I liked Dennis Miller’s comment regarding gas guzzling SUVs. He said that America won’t do anything about energy efficient cars until oil is gone, so he’s driving a gas guzzler to speed up the process.
Hard to say what might change…
1. You won’t see 52″ flat screen plasma TV’s being bought.
2. People won’t have the money to waste on cell phones.
3. Won’t be buying cable TV.
4. Won’t eat out so much.
The list could go on and on, depending on how bad it got. Think about it really, Americans buy so much crap that they could live without. Somebody thinks up something, a marketing department thinks up a way to may people feel they need it and there you go…. everyone is walking around with a cellphone that takes pictures. You could take the picture with a standard digital camera, then send it over for no extra charge than what you pay for internet, but no, we have to have everything right now. So, let’s pay extra to send some stupid picture to someone that would rather not be bothered using our cellphone. What did Jay Leno say about the cellphone, Ipod, picture phone thingy…. can you say car accident?
I was listening to Dave Ramsey last night driving home. He was remarking on itunes sales. Some woman had written into somewhere that she called off a wedding when she found out that her finance had 40K in credit card debt and that the debt was from downloading itunes,buying DVDs and CDs. There was 8K worth of itunes and this guy had a 45K a year salary. Can you say stupid?
