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I am assuming the downgrading of our income is happening as we speak and is inevitable, so we might as well manage it. You know, proactive instead of reactive.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Mon Jun 12th, 2006 at 06:32:30 AM EST
[ Parent ]
Well, if we take on board the thoughts of the economists and psychologists in the happiness measurement fields then even if we stay as rich as we are now, the mere fact that other nations becomes less poor has a similar psychological impact as us getting poorer.
by Metatone (metatone [a|t] gmail (dot) com) on Mon Jun 12th, 2006 at 07:07:16 AM EST
[ Parent ]
That doesn't feel right: other nations are too far away for the status comparisons to work I think.
by Colman (colman at eurotrib.com) on Mon Jun 12th, 2006 at 11:57:30 AM EST
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