Out of necessity, a consumption-based society is learning to live within its means. For decades, government policies fueled that insatiable appetite — and new government programs are desperately trying to preserve it. But the Obama administration’s frantic efforts to encourage more brainless home-buying, car-buying, and consumer borrowing aren’t producing their desired results. Generational theft, it seems, has a silver lining.
Good for the planet in more ways than one, I guess.
UPDATE: Thomas Friedman embraces The Great Disruption.
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