Is this good or bad for the economy?

[MidGe]

It is an interesting question.

I have no doubts that in most western countries the income of individuals has increased over, say the last five decades, and so has their purchasing power. From my personal viewpoint, I am also certain that this has been accompanied by a lowering of my, and most people, standard of living, albeit in a somewhat pernicious way. I measn, I realised I was working extra to buy convenience foods that had nowhere near the same taste aa wholesome home cooked fresh ingredients, meaning, I was working hard to be able, to have the time, to work harder/longer!

I am definitely enjoying a perhaps less affluent (altough that is moot, whether a car is 2 or 5 years old makes little difference, etc..) but much more satisfying way of life from my hedonist perspective. [img]/images/graemlins/smile.gif[/img]

I am somewhat understanding the goals of economic affluence differently nowadays.


I do hardly work at all nowadays. [img]/images/graemlins/smile.gif[/img] But I eat, drink and smoke well! [img]/images/graemlins/smile.gif[/img]