Feb
03

Sunday Culture Watch

Posted under Culture by FPeatross

Three ‘trends’: economic, cultural and ecological are converging at the very same moment in time; creating (perhaps for the very first time) a counterweight powerful enough to balance America’s insatiable appetite. An era of pragmatism and restraint that this country hasn’t seen for quite a while. Projecting out further in the years to follow, Boomers may actually contribute to this trend. As they age, they will inevitably downsize their homes and their lives. Meanwhile, Generation Y will hit their prime earning years in an economy that is growing far less quickly and their ability to spend and therefore impact the economy will be muted.

Taken from a Coming Period of Pragmatism