Wednesday, October 01, 2008

We can't spend our way out of this one

Having stained my T-shirt on the way to work (don't ask), I had to make an emergency pit stop at the Gap. Sales galore! The things I consume the most are cultural products so I don't find myself in stores very often, and when there I tend to buy several things not because I like purchasing stuff but so I won't have to shop again for a while.

Anyway, I seemed to be the only New Yorker at the Herald Square Gap this morning—thank god for tourists, busy propping up our local economy. The last time the stock exchange took a major dive in New York was after 9/11. Back then, we were told that the best way to fight terrorism was to act as if nothing had happened and shop shop shop. Healing through consumption, that's the American way.

But this time around, who's going to buy anything? This is a crisis that we can't credit-card our way out of.

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