Poll: More than half of NYers believe America's best days in the past
There are 2 comments on the The Business Review (Albany) story from Sep 12, 2008, titled Poll: More than half of NYers believe America's best days in the past. In it, The Business Review (Albany) reports that:Fifty-two percent of New York residents say the countrys best economic times have passed and the next generation will have to accept a lower standard of living, according to a study released today by the Siena Research Institute in Loudonville, N.Y.
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Since: Jul 08
#1 Sep 16, 2008
"As a result, a majority of consumers are buying less expensive foods, avoiding treats".
That's half the problem! Less expensive foods are also let nutritious, made with preservatives and partially hydrogenated oils. Buying fresh produce becomes out of reach for some. The alternative - canned goods, which are inferior to their fresh counterparts. Meats are wallet killers! So consumers now more than ever lean towards processed meats, like hot dogs, bologna , etc. You are what you eat. And if something isn't done soon, the obesity will spike even higher! In my opinion, that's the main concern. Just like a car won't go anywhere without fuel, we can't lead a normal fulfilling life without the right "fuel" for our bodies.
#2 Sep 16, 2008
It is a sad commentary indeed, that many of us have lost our faith in our country. Shame on us! There is a natural ebb and flow to the business cycle. However overall, the return is never to baseline, so while there are upturns in the economy the overall trend may be downward and reflected in the results of the poll. People are scared.Part of it is our own fault by overspending what we earn, getting into debt we cannot ever hope to pay off, and never being able to accrue enough cash for the rainy day fund, let alone retirement savings.Additionally, we are not doing very well in the court of public opinion outside of our own country for a variety of reasons. This has a significant economic impact on us, as well. And let's not forget that we also have growth of developing countries and countries like China that have or will have a significant economic presence in the world market. We aren't the "biggest kids on the block" anymore. Nor are we viewed as heroes or saviors, when we step into another country's crisis. We are seen, and correctly so as protecting our own interests, and that is not necessarily a bad thing. But, like JR Ewing, in the television show Dallas, we are becoming the country that people love to hate.We seem not to know when to go home or how not to overstay our welcome. Sometimes we are not even invited, but just go ahead in our inimitable American way--wellmeaning, but sometimes ham-handed. We should have learned a lesson or two from Vietnam.So what does this have to do with preserving our comfortable lifestyles? We have to take a good long look at ourselves and how we are perceived. We have to demonstrate some of that American tenacity and discipline of our forefathers. We must harden ourselves, lower our sense of entitlement and our expectations. We need to tighten our belts, get back to basics. We have more control over the marketplace and the economy than we think.While consumer spending fires up the economy, it also puts us in debt. Pricing of goods, to a great extent is based on demand, and what the market will bear. Demand falls and generally prices fall as well. Again, never to what they were before. Gas will never be $1.77 a gallon again in my lifetime. And this is what the poll seems to show. Once again, people are scared.In the meantime, let us turn toward a notion of a slower,saner life where we use less, and "need" less.And finally, let us try believe in our country, flawed though it may be, and even though we are taking on the chin right now....America is still the country on which I place my bets for the future.
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