Login

Register

Member List

RSS Feed

Amanda | Contact

Auguste | Contact

Jesse | Contact

Pam | Contact

Next entry: The Roto Rooter Of The Soul Previous entry: Betrayal and optimism

Frugality: The Soviet Way

imageMona Charen warns us of the folly of saving our money just because we have less of it.  Thanks, Mona!

As agreeable as it was not to have to fight Christmas crowds, it was creepy and unsettling at the same time. It has been the same with getting restaurant reservations. Places that were once impossible to get into unless you reserved a week in advance are now available. They’re offering discounts on massages at the salon where I get my hair cut. Revenue from such luxuries as facials, waxes, and whatever else they do to pamper the ladies is down 25 percent.

This is not hardship; this is fear of hardship. Yes, there have been 1.9 million jobs lost since the start of the recession last year. And that’s not good. But that still leaves 93.3 percent of us employed. Close to 10 percent of homeowners have either missed a house payment or are in foreclosure, according to the Los Angeles Times. That’s bad obviously. But 90 percent of us are not in danger of losing our homes. And yet we are wary.

People fear hardship for many reasons, most of them good.  Of all the Puritan ethics that we’ve unwisely kept over the centuries, we seem the furthest from the wisest - frugality.  A good American has sex like it’s 1692, but you’re a shitheaded loser if you stop going to Red Lobster for a few weeks to keep your checkbook balanced.  It seems barely worth it to comment on her figures (93.3 percent of a shrinking labor market is employed; the housing market is suffering not just from foreclosure but from the fact that many homes are just unsellable), because the assumption behind the assertion is so terrible - you aren’t poor, so stop acting like it.  This, of course, works better if we also assume that economic hardship comes from some sort of celestial lottery where we do just enough to piss off God to be smote with collection notices, but not enough to be stricken with actual disease or suffering like non-Americans or gay people or minorities or women are.

The press cannot be asked to stop reporting the story. On the other hand, some large but unquantifiable element in our current mess is simple fear. I feel it myself. My husband and I have both kept our jobs. Our home is not in foreclosure. We’ve lost money in the stock market of course but we are otherwise pretty secure . . . I hope. And yet, I’ve been figuring out ways to economize. I’ve been cutting back on non-essential purchases.

To be fair, Mona Charen does have the job security that comes with being a conservative columnist - if she’s ever running short on cash, she can just whip up a book repeating hoary and disproven assertions from any time after Brown v. Board and some billionaire will buy 50,000 copies of it to sell directly to Half Price Books. 

The economy is not as bad as our behavior indicates it should be. Under the circumstances, it makes sense to celebrate the good news that is out there, doesn’t it? Let’s start with gas prices. Who would have believed six months ago that we would be paying only $1.70 or so? That’s good for the economy and good because it denies revenue to Russia and Venezuela and Saudi Arabia.

Yeah!  Ignore the tightening credit markets and increased cost of everything else in the economy and the fact that the American producers of the cars which use this cheap gas are basically depending on the pennies in the couch to make it until the government drops off the welfare check.  It’s cheaper to drive to the manicure you can’t afford, and that is fucking progress.

Let’s look at the rest of the laundry list of Good News:

Here’s something else to celebrate: We still live in an age of technical wizardry. My kids have long known how to chat, visually, with their friends on the computer. My generation (my brothers and I) has just gotten it going ourselves. Brother Jeff led the way. Using Skype, which is free on the Internet, we can now talk to one another cyberly face to face on our computer screens though we live hundreds of miles from one another. Yesterday, my brother Walter showed me the Sicilian salad he was preparing for lunch. He held the bowl up to the camera for my delectation. It looked like stag beetle larvae. Turns out it was oranges and red onions. So, okay, the cameras need a little work. But it was fun. And we save on long distance bills.

So, you can use your several hundred dollar computer and your $30 a month internet connection to talk with other people for free.  Go back to the gas thing, that was much better. 

But there’s more, of course, for us to be thankful for:

There is no magic wand to wave away the anxiety that stalks us. But counting our blessings surely cannot hurt.

Right, so let’s keep counting them! 

Oh…you’re out?  So after telling us repeatedly that things are great and we need to be less anxious about our nonexistent hardship, we get cheap gas and Skype as the signs that everything’s hunky dory?  Seriously?  You couldn’t even come up with, I don’t know, people buying up Wiis or IKEA having cheap things or the fact that Chuck E. Cheese now comes with free Ultimate Fighting?

Herein lies the problem with the economic Clap Harder Brigade: eventually, people have to stop clapping and start eating, and then they notice that it costs $2 for the same meal they used to get all the time.  Then they notice that virtually everything else has gone up in price (except, of course, gas and Skype)...and then friends start letting them know that they’re unemployed…and then people start getting laid off at work.  People are fearful about their economic state for damn good reason, and there’s no hope in grousing at people until they start spending money they don’t have on things they don’t need because they’re otherwise being terrible Americans.

Of course, any subsidized trips to Nordstrom that Mona Charen feels like giving out will be gladly accepted.  I will not take my payment in Skype chats, though. 

 

------

Registration is now required! We're still in the process of getting it all squared away, so for the moment don't forget to Login or Register using the links in the upper left menu before starting to write your comment.

Posted by Jesse Taylor on 09:04 AM • (31) Comments

Yanno, I try not to use *too* much foul language myself.

However, after nearly 2 decades, my spouse got laid off.  Our subsidized health care ends in about two weeks.  We still have our home, and are living off savings of the sort they tell you to have in reserve.  My works makes peanuts and always has.  Are we scared?  Of course.  Are we luckier than most poor slobs in our position?  Yep.  Nevertheless:

Mona Charen, you can just fuck off.

Comment #1: woodland sunflower  on  12/10  at  09:47 AM

Woodland sunflower, you turn that frown upside down and get yourself to a Pottery Barn.  And don’t stop until your cart is filled with knickknacks.  It’s the American way!

Comment #2: Jesse Taylor  on  12/10  at  09:50 AM

Absolutely amazing, isn’t it, how much post-industrial consumer capitalism depends on people spending money they don’t have on crap they don’t need?

Comment #3: Andrew  on  12/10  at  10:08 AM

Perhaps Charen can share some of her Top 1% of Americans long green, and convince the rest of her Top 1% friends to do the same.  We’ll be happy to spend it…on things like food, shelter, and basic healthcare.

Perhaps if we’d been participating in the American prosperity we’ve been observing from the sidelines for the last 30-years, via better wages etc., we wouldn’t be sliding into the Great Recession.  But since America’s Overclass deemed it more important to line their own pockets, buy that private jet, purchase that vacation home in Vail, put that huge yacht in the marina, etc., here we are.

It seems just a little bit disingenuous to get pissy with the rest of us for not going to the day spa more often, or having a night out at Spago, or mobbing the mall-housed temples of Capitalism.

This is the world the obscenely wealthy wanted.  This is the world you gave us.  This is the world we’re stuck in.

As woodland sunflower so elegantly put it, “Mona Charen, you can just fuck off.”

...

Comment #4: MikeEss  on  12/10  at  10:41 AM

Shorter Mona: Go buy cake!
*sharpens her knitting needles*


We’re making it. Carefully, cautiously. I watched the automaker bail-out with some worries. (GM goes under, I’m out of a cushy job and have to go Over the Road)

We have no fall-back position. We’re in it already. Amazing how a shortage of $2500 can mess up one’s life. (I was out of work for 3 weeks, had to purchase a 1200 hearing aid to go back to work) We’re still waiting on the insurance to reimburse us.

Christmas is going to be tight and cheap. Books and homemade gifts.

Comment #5: Angelia Sparrow  on  12/10  at  10:56 AM

Mona’s editors seem to be sandbagging—if her National Review  colleagues were honest, that bunch of crony capitalists would have told her to suggest their one of their fondest dreams: that ordinary Americans should henceforth be paid a significant portion of their wages in gift certificates to McDonalds, Wal-Mart, Chrysler and other national megabrands.

And this…

The press cannot be asked to stop reporting the story. On the other hand, some large but unquantifiable element in our current mess is simple fear.

... from some of the foremost “ZOMG Saddam’s dusky-skinned terrorists are making WMDs from shampoo and nailclippers!!” fearmongers of the last 8 years. Very rich.

Let’s see…

Let’s start with gas prices. Who would have believed six months ago that we would be paying only $1.70 or so? That’s good for the economy and good because it denies revenue to Russia and Venezuela and Saudi Arabia.

How cute: Mona thinks the oil market is a free one, with no cartels, and the Americans set the price.

Here’s something else to celebrate: We still live in an age of technical wizardry. My kids have long known how to chat, visually, with their friends on the computer. My generation (my brothers and I) has just gotten it going ourselves.

Ah, a Boomer—one who no doubt loathes the idea of young people telecommuting so much that she can’t even integrate it into an article that purports to be about economic efficiencies. This explains a lot.

There is no magic wand to wave away the anxiety that stalks us. But counting our blessings surely cannot hurt.

A-one, a-two, a-tha-ree…

What a moron. No wonder this is where she writes.

Comment #6: Gracchus  on  12/10  at  11:00 AM

I love that she thinks that the percentage of employed (apparently we’re just going to ignore the underemployed and those who’ve given up) have nothing whatsoever to do with the unemployed.

Leaving out that one wage-earner usually supports more than just him/herself, sometimes people help each other out.  No doubt Mona would just tell a hard-up relation to go eat cake, but some of us with more secure employment are or will be helping our recently/soon-to-be laid off family members out.

Comment #7: acallidryas  on  12/10  at  11:15 AM

Thanks, Jesse, for writing what no one else here seems to be commenting about - those monthly automatic payments.  If you don’t have to write a check, slide the card or dish our the bucks, you aren’t buying it, at least for Mona as you pointed out.  Yeah right!

I just did an inventory of auto pay bills-  cell phones and Internet - one is going.  Haven’t had cable for eons.  Gym membership.  Those autopays make it seem like it falls from the sky, right?

Comment #8: phylosopher  on  12/10  at  11:41 AM

So, food prices go up 20%, but because you have employment (temp, part-time, minimum wage, working class wages), that shouldn’t affect the amount of free cash you have to spend at all.

Comment #9: Amanda Marcotte  on  12/10  at  12:03 PM

The economy is not as bad as our behavior indicates it should be. Under the circumstances, it makes sense to celebrate the good news that is out there, doesn’t it? Let’s start with gas prices. Who would have believed six months ago that we would be paying only $1.70 or so? That’s good for the economy and good because it denies revenue to Russia and Venezuela and Saudi Arabia.

Dearest Mona, the major reason given for lower oil prices is a drop in demand. There is a drop in demand because the world economy is slowing - people are taking less trips, less flights, cutting back.

When you get cancer, you also tend to lose weight.  However, we refer to people who tell you to celebrate the new svelteness your tumor has bought you as “fucking idiots”.

Comment #10: Phoenician in a time of Romans  on  12/10  at  12:16 PM

People are fearful about their economic state for damn good reason, and there’s no hope in grousing at people until they start spending money they don’t have on things they don’t need because they’re otherwise being terrible Americans.

Here’s where the anti-reality nature of the conservative movement can really help us. The more people like Charen make these arguments, the more they will piss the majority off. This makes article makes me feel kinda optimistic.

Comment #11: atheist  on  12/10  at  12:22 PM

It’s still early on in this probable Great Depression II. I could pretend things are OK. My wife and I have fairly secure jobs, and for the moment there are only rumblings of massive budget cuts and small furloughs. For the foreseeable future (= about 6 months), we’ll be fine.

And maybe as bad as things will get, the Monas of the world will scarcely feel it.

Then I look forward to French Revolution II (just the dismantling of aristocracy part, not the Terror or Napoleon parts).

Comment #12: wapsie  on  12/10  at  12:39 PM

That’s one of the stupidest things I’ve read in…well…forever; and I correspond regularly with fundamentalists, so I’m no stranger to dumb shit.

Three points:

1)  Unemployment figures don’t factor in all those people working for minimum wage, or whose hours have been cut back to part-time. They also don’t count people who’ve stopped looking for jobs at the moment and are instead staying home with the kids while one partner works.

2)  If 10% of all homeowners in the US are either in arrears on their mortgages or in foreclosure, that means a whole lot more of them are living check to check and scrimping in other areas to make the rent. And this doesn’t even consider people who don’t own property, and are facing eviction from rental units.

3)  It’s genuinely sad that businesses are bleeding revenue because of a sharp drop in sales, but they’re merely one group of hard-done-bys in a country – in the world, actually – that’s full of people who have lost big-time as a result of the collapse.

Has Mona Charen never heard the story of the ant and the grasshopper? She is the grasshopper.

The only scintilla of truth in her column is the idea that things will eventually improve. Our great-grandparents survived this, and so will we. 

People will pull together, as many of their ancestors did, and work together on procuring the essentials at cheaper prices. Of course this already happens, but it will happen more frequently in the ‘new economy.’

People will use their “older” items for longer, learning to repair a thing before even considering a replacement.

The pace of fashion - home decor, clothing, electronics - will slow.

Parents will have to pull their kids from some of the after-school activities that often fill the schedules of middle-class families. People will live in their homes after work and after school, instead of just visiting them between activities.

People will have to work together, within their families and outside, to meet basic needs. And in so doing, they’ll uncover one need that has gone unmet for too long in a culture driven almost exclusively by consumerism: the need for real community.

Comment #13: The Devil's Advocate  on  12/10  at  01:39 PM

I recently boosted the economy by buying a torch and a pitchfork.

Comment #14: Entomologista  on  12/10  at  02:11 PM

I’m worried.  But I’m not as worried as I might be.  Y’know why? (get ready to cry)  Because I am employed now (at the age of 70, and ain’t that a story in itself) in the foreclosure industry.  Good times ahead! (*sob*)

Comment #15: older  on  12/10  at  02:18 PM

Entomologista, I’m gonna think of that line and laugh all day. Thanks!  smile

Comment #16: Kathleen  on  12/10  at  02:20 PM

“Who would have believed six months ago that we would be paying only $1.70 or so? That’s good for the economy…”

Very questionable assertion.  Especially by Charen’s own lights, because she goes on to say:

”...and good because it denies revenue to Russia and Venezuela and Saudi Arabia.”

By that logic, an even better way to stick it to the Saudis and the Russians and the Venezuelans would be to be able to buy less damn gas, but proposition doesn’t suit Charen because it doesn’t involve Americans hauling giant wads of cash out of their pockets and handing it over to oil vendors at a time when oil is getting déclassé and cash is getting tight.  God forbid we should be able to trade with advantage to ourselves; that contravenes the order of Nature.

Comment #17: bekabot  on  12/10  at  02:22 PM

When you get cancer, you also tend to lose weight.  However, we refer to people who tell you to celebrate the new svelteness your tumor has bought you as “fucking idiots”.

LOL, Piator, thank you. Quoted for truth.

Why isn’t anyone approaching this from an environmentalist standpoint in the MSM? An economy based on buying cheap, constantly breaking crap is not good for the environment. Period.

In my holier-than-Mona household (I say that because I know this is going to sound arrogant and I really don’t mean to!!), we, you know, cook. And sew. And repair stuff. And wring the longest life out of our products that we can. And we try not to buy stuff unless we need it. And so on. According to Mona, we’re unpatriotic shits because we give a damn about all that plastic garbage ending up in our landfills. Sigh.

Comment #18: Ellen  on  12/10  at  02:26 PM

Wages are stagnant, yet costs have risen. Where I live, there is no such thing as cheap food anymore. Even rice and beans are no longer the dirt cheap meal that they used to be. Flour, sugar, and eggs have at least doubled in price, making holiday baking (my yearly indulgence) an unbelievably expensive endeavor. Even though gas prices are down at the moment, they could (and probably will) spike again.

So yeah, “Monica Charen can fuck right off”, thirded (or fourthed).

WRT the comment by the Devil’s Advocate: I think that you are right, with one addition to item #1. Unemployment also doesn’t count people who are facing salary cuts, including Yours Truly. I am a contract worker at a big, enormous manufacturing company that makes practically everything. My wages may go down by as much as 10%, if I have a job at all by the end of the year. I will know by Friday. To put this in perspective, my contract recruiter told me that the big brokerage firm in town cut their contractors’ salaries by 15%. The contractors who work at the Big Bank got a 10% cut, then a 15% cut on top of that. How the bank expects anyone to survive on 75% of their wages, I’m not entirely sure.

Comment #19: maatnofret  on  12/10  at  02:29 PM

Piator and Entomologista, I think I love you both. You made me giggle a lot.

I’m very lucky. My husband’s little chemistry company does consulting work for big pharma. As the big guys lay off their own scientists, the consultants are getting more work than they can handle. So apparently, according to Ms. Charen, I should be out buying everything I can, forgetting all those scientists (who have the same terrifying student loan debt we do) without jobs and celebrating my own good fortune. I should also be forgetting that if the economy gets much worse before it gets better, my husband could be next. Apparently, I’m supposed to be cruel and stupid. I’m going to go ahead and join older and not celebrate the fact that I’m earning more money at the expense of others.

Incidentally, if I I read one more article telling me that I can beat higher food prices by cooking from scratch, I’m going to scream. I’ve always cooked from scratch. When the price of onions has doubled in the last six months around here, exactly how is cooking from scratch supposed to help?

Comment #20: Av0gadro  on  12/10  at  03:34 PM

M.C.C.J.F.O.

The woman is a tragic waste of protein.

Comment #21: professor Fate  on  12/10  at  03:58 PM

You Maoists don’t understand how capitolism works: I tweeze the dental floss in my fields, sell it and then go down to The Blood Clot at the end of the day to spend what I’ve earned on a trayful of Brandy Alexanders, so as to better enjoy the floor show.*


*(The floor show at the Blood Clot used to be strippers, but with the economy being what it is, they can’t afford real girls anymore, so they have guys dress up like them, doing pretty much the same routine.  It’s chased away some of the old timers and brought in a new crowd, but I’m ok with it, some of these guys can really dance!!).

Comment #22: Rugged in Montana  on  12/10  at  05:06 PM

Unemployment also doesn’t count people who are facing salary cuts, including Yours Truly.

They just announced at work yesterday that there will be salary cuts.  Basically, some people will now be working 40 hours+5 mandatory overtime for the same salary they were getting for 40 hours.  Making the same money, but working more hours to get it.

Comment #23: Mnemosyne  on  12/10  at  07:28 PM

Maybe if they lowered the price of homes they wouldn’t be unsalable.

Or, I dunno, give lower interest rates to people who actually plan to live in them.

Comment #24: Crissa  on  12/10  at  07:58 PM

Also, if our unsecured credit is lowered by $13+K and our taxes bumped up by $6+K, I think those are amounts of money we won’t be spending this season… Man, okay, that article was really, really stupid.

You lose money on the stock market!  ...Isn’t that then money you won’t be spending on presents?

Comment #25: Crissa  on  12/10  at  08:01 PM

They just announced at work yesterday that there will be salary cuts.  Basically, some people will now be working 40 hours+5 mandatory overtime for the same salary they were getting for 40 hours.  Making the same money, but working more hours to get it.

Sorry to tell you this, but if they’re doing what you describe it sounds like they’re planning on doing a 1/8 staff reduction in proportion to the total number of people working under those new terms. Be prepared for something like that in a few months, because eventually they’re going to want to translate all that time into money.

Hope you’re not one of those affected.

Comment #26: Gracchus  on  12/10  at  08:06 PM

I’m confused why Chuck E Cheese has to burden the cost of people fighting in a public place.  Do people have to bring their own cops to a crowded road or park?  Isn’t that what police are for?  To be where the people are?

The restaurant can help by placing rules and making the playspace safer… But it cannot hand hold every person that wishes to use it, can it?

Comment #27: Crissa  on  12/10  at  08:11 PM

Gracchus, upping the hours could also mean a hiring freeze in a business that expects growth.

Comment #28: Samantha Vimes  on  12/10  at  09:26 PM

I work for the state of Tennessee, which is facing at least a billion dollar deficit next year, and that’ll probably go higher. The state will most certainly be cutting jobs - it’s already started to. Gee, should I save my pennies, or run down to Best Buy and upgrade all my appliances? Now if Mona would like to support, oh I don’t know, higher taxes on the rich and some revenue sharing from the federal government to the states, than yeah, I might feel confident to do some big spending. Otherwise, I’m calculating how many months I can make my house payments without a job. Go jump, Mona.

Comment #29: Theron  on  12/10  at  11:40 PM

Sorry everyone’s doing so badly. I’m doing fine. I work in a retail sector that is somewhat recession proof. I have a profitable side business. I was able to swing a deal on the awesome used VW. I just settled a long outstanding debt for 15 cents on the dollar amd just straightened out that old bench warrant in Travis Co. I can now enter Austin without fear. Austin is mostly just a city of posers anyway (Amanda excepted) but my brother lives there and it’s nice to be able to visit him without fear of the law.

I was dirt poor a few years ago when times were good for most folks. My mad skilz I learned then are serving me well now. Low-end stuff is gettig more expensive, but mid range stuff is cheaper now. I expect to make middle class pretty soon as a result of the middle class being defined down.

Comment #30: Bacopa  on  12/11  at  02:59 AM

Gracchus, upping the hours could also mean a hiring freeze in a business that expects growth.

Good point. With any luck Mnem works for one of those businesses, since there are precious few beyond vulture industries that I see expecting growth over the next year. At least now she has an easy way of determining whether this is a good sign or an ominous one.

Comment #31: Gracchus  on  12/11  at  02:46 PM
Page 1 of 1 pages
Commenting is not available in this channel entry.