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Holiday Spending Increased, Defying Fears of a Decline (www.nytimes.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 10 months ago (1 children)

This is all just taking correlation and applying causation. Right next to headlines about doom spending and people not being able to save in the first place. An extra thousand dollars a year won't do anything to really improve anyone's life situation, but it can buy a fun Christmas.

You know what would be a great Christmas? Being able to buy a house. Not having $800 a month in student loan payments. Being able e to do anything to actually advance in life.

But they don't measure anything related to improving quality if life, because they don't want you saving. They want you spending every penny and staying poor.

[–] [email protected] 1 points 10 months ago

If you have too much money you might not be vulnerable to exploitation