Word: thrifts
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Dates: during 2000-2009
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...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...
...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...
...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...
...exception, perhaps, of India), it is virtually unthinkable that an individual from a minority could rise to become a serious national leader. Whatever we may think of the U.S., of its hardly stellar handling of the conflicts in Iraq and Afghanistan, of its lack of oversight, restraint and thrift over the financial meltdown, the fact that a Barack Obama can overcome the disadvantages associated with being black and have a shot at the highest office in the land speaks volumes about the possibility of hope in America - a possibility that cannot be entertained in the same way anywhere else. Even...
There's no way to tell during this current distress whether we're repenting or just retrenching. THRIFT-store sales are up. Cars are shrinking. P. Diddy retired his private jet to save on gas. In hard times, people often rediscover the peace that prudence brings, when you try to spend a little less than you have because tomorrow might be worse. But that feels almost un-American; we're optimists by nature, and we've been living large for so long that solvency feels like a sacrifice. It will take some sustained character education--and leadership--to understand that...