Finn brought up an important point. Because most of the STUFF we buy is imported, not only is our consumerism increasing debt, it is transferring our wealth to other countries. In that way, lesser consumption on our part would improve our economy. Potentially, if greater savings could lead to investment in technologies and products that we could export, the positive effect of lessened consumption could be multiplied. (Doubtful, but I've already admitted I'm and incurable optimist.) I wonder if any economist would NOT say I'm crazy?
BTW, George Carlin is brilliant in his
discussion of stuff.
Regards,
D-Ray