What we want is what we need
Sunday March 8th 2009
by Paul Armstrong
Its no surprise that America is addicted to "want". We're the (2nd) fattest nation in the world because we have no idea how to control what we want with what we need — they are one in the same. It's also no surprise that our current economic issues stem from the basic desire to get what we want, when we want. The gluttony of impatient desires.
Above you see palettes of money which respresent 1 trillion dollars. In the left corner, very small, you see the average sized man. Imagine that image 8x (which is the number reported for our massive government bailout plan). Daunting and sickening all at the same time.
Some interesting statistics about our consumer credit card nature reveals our inability to control ourselves or to reasonably decide things which are needs and wants — and finding enough patience to attain our wants with our actual means. (Obviously there is quite a lot wiggle room to the stats, I've purposely been very conservative with the numbers based on research statistics, from CreditCards.com among a few others). Here's a simple breakdown:
- Current Average Credit Card Interest Rate: 12%
- Current Average Credit Card Balance: $2200
- Current Monthly Payments (based on above): $264
- Number of Issued Credit Cards (2006) : 1,500,000,000
What if every one of those 1.5 billion paid off their credit cards; cut them up and threw them away? What if half of those 1.5 billion did that? What if half of those 1.5 billion used their $264 in savings and donated to organization or a church to help poverty, hungry, health care and build up their own savings?
$198,000,000,000 a month
$2,376,000,000,000 a year
Imagine the kind of impact a small level of responsiblity and restraint would offer in helping reduce our massive deficts and dependence upon the government for creating jobs and "saving" our economy? We need only look to ourselves for our failures, and ourselves for our solutions.



Comments for "What we want is what we need"
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how insightful. it's sad that we've sank to this level and it's a very good point that we needn't point the blame, but to shoulder some of the responsibility ourselves. Although he's really got his work cut out and is moving forward, I'm happy to see our new president repeatedly reminding America of this.
Now, if it'll just stick.
by luke
∞ Sunday, March 8th, 2009
I wish I could be hopeful, but I think far too many of us are addicted to our things and stuff and getting those things and stuff no matter what it costs in the long run. I'm doing my part not to contribute to that, I hope others do that same ...
by Paul
∞ Monday, March 9th, 2009
Also wanted to put up this quote:
"It isn't that they can't see the solution. It's that they can't see the problem." -- G.K. Chesterton
by Paul
∞ Monday, March 9th, 2009
I'm so glad I have zero debt.
by andrew.f.
∞ Monday, March 9th, 2009
I want a cheeseburger.
by Renaud
∞ Tuesday, March 10th, 2009