Pretty soon it will become cool again to go into unbelievable high credit card debt...
Bloomberg: U.S. Consumer Confidence Rose in February to Three-Year High
“The consumer believes that growth is picking up pace.."
Tuesday, February 22, 2011
Confident And High
How confident are you? As a human being who knows. But as a consumer, you oh ingrate, are confident. You are consumer confident and are now willing to plink down plastic, paper, or coin, more so than one can recall in recent years.
Pretty soon it will become cool again to go into unbelievable high credit card debt...
Bloomberg: U.S. Consumer Confidence Rose in February to Three-Year High
Pretty soon it will become cool again to go into unbelievable high credit card debt...
Bloomberg: U.S. Consumer Confidence Rose in February to Three-Year High
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3 comments:
Consumer confidence is such a weird cultural artifact. OK, economists could talk among themselves about the house-of-cards system that we inhabit, and say that the CCI is doing this or that.
But it's right out there for all to see. Freakish if you ask me. It's like telling someone that the placebo that they're about to take is going to make them well because everyone else thinks it will. Or something.
It's a general acceptance of the fact that our economy is based on whims and caprice. I've always had trouble getting my head around that.
I see it as an indicator. Its another test that runs along with the general strength or weakness of the economy.
What gets me about it is the way the human being aspect is sliced away. We are consumers you and I and that is our primary function within our corporate capitalist structure. All activity from the spiritual to buying a roll of TP is an aspect of consumerism. We are the pablum of a machine that grinds and digests everything, completely, and without escape. Even our elimination is a product of consumerism.
Yes! good point.
It's like "will the ant farm be able to maintain itself?" but the ants are sentient beings reading a report about the psychology of their own consumption eagerness. Weird.
Not a perfect analogy though: An ant colony knows it can't survive if the workers are sick, starving, desperate. We don't seem to get that.
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