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May 20th
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BackHome | Personal Policies | Health Policies | Expectation inflation

Expectation inflation

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I saw a study that showed people in general to be happier one year after the recession of 2008 started.  Almost instantly I understood why, relief. 

The study polled people across all economic levels, a lot of whom had not cashed in on real estate or stocks.  For a long time there had been a building resentment between the growing have / have not crowds.  The constant news of the Dow rising and people making millions flipping houses was tiring to workers getting by.  The recession narrowed the gap a little and brought the meaning of success into perspective.  Even the wealthy have slowly began to see that happiness should not be tied to something so volatile as money.  I think a lot of people are seeing the economic challenges as a much needed break in the consume and dispose lifestyle.  A break in the win at all cost just to keep up mentality.  A break in the expectation inflation that had left nearly everybody wanting more and willing to finance it.

 

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