Ethersnap

America will, most likely, need to find a more normal, sustainable level of consumption, and that’s exactly the problem. We don’t know what normal consumption looks like. Over much of the last few decades, we gave in to every shopping whim, with little thought to the future, except for those times we were so dispirited, we wouldn’t spend at all. What does a reasonable balance between consumption now and consumption deferred actually look like? That’s what we need to figure out.