Are Americans going to be able to live within their means with gas, food and other items rising in price?

3 responses so far ↓

• 1 tesorotx // Jul 17, 2008

  No;unfortunately this country is built on credit and the belief of excess to the max. Spending is encouraged and saving is discouraged.

• 2 Cat Lady // Jul 17, 2008

  We can live within our means!

  Americans need to put the brakes on conspicuous consumption. We all need to take a good look at our revenue and expenses, and adjust our budgets accordingly.

  Switching from a gas-guzzling SUV to a hybrid, buying locally grown produce, brown-bagging instead of fast food lunches, all are a good start in prudent management of expenses.

  In the Depression, there was a phrase: "Use it up, wear it out, make do." This is a phrase we can all put to use, these days.

• 3 el88gringo // Jul 17, 2008

  We will adapt. live below your means, finance nothing except a home or education.