Word: thrifting
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...That would eliminate the need for foreigners to fund our deficits. The hope is that as we sober up from our debt binge, we'll at least be able to do it ourselves. An era of thrift may be necessary now, but at some point, Americans are going to have to feel like spending again for the economy to grow. It's just hard to see, amid the current economic gloom, when that day will come...
Trickle-Down Gluttony Kudos to Nancy Gibbs on her essay [Oct. 13]. As an early baby boomer, I was raised on the stories of thrift and sacrifice that came from my parents, who had grown up during the Depression and World War II. When George W. Bush suggested that the way to be patriotic after 9/11 was to go shopping, I was appalled. We have seen that message repeated over and over - including two incentive checks from our government so we could spend even more money we didn't really have. So excuse me if I have a hard time...
...Frugal Life I commend Nancy Gibbs for using her column to state what we are unlikely to hear from any elected official: that thrift is an important virtue and that our failure to practice it has helped bring on the current economic collapse [Oct. 13]. Those who lived through the Great Depression endured a scare that prompted them to scrimp and save, something the current generation does not do. Now Americans generally believe they are entitled to whatever they want without regard to whether they can afford it. The list of what we have come to consider necessities would stun...
...super-simple LA-based American Apparel has ingrained itself in hipster culture on both coasts while simultaneously expanding to become the USA’s largest clothing manufacturer, with hundreds of retail locations all over the world. The philosophy behind its fashion falls somewhere between comfy minimalism and 1980s thrift-store retro. But, given its prices, its clientele, and a recession, the question arises—will there be a place for t-shirts and spandex that simply cost too much?In the late 1990s, Dov Charney—hailed before as the Larry Flynt of fashion—developed...
...commend Nancy Gibbs for using her column to state what we are unlikely to hear from any elected official: that thrift is an important virtue and that our failure to practice it has helped bring on the current economic collapse [Oct. 13]. Those who lived through the Great Depression endured a scare that prompted them to scrimp and save, something the current generation does not do. Now Americans generally believe they are entitled to whatever they want without regard to whether they can afford it. The list of what we have come to consider necessities would stun those from most...