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February 10, 2012
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David G. Savage: Why activists may not be in a hurry to have High Court rule on alternative marriage
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Kimberly Palmer: How to actually enjoy -- relaxing, financially -- your vacation
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The Kosher Gourmet byDana Velden: Going to the bother of making soup? You know it better be good. This CREAM OF TOMATO SOUP certainly is! And it's a cinch to make, too (Includes techinques and serving secrets)
February 7, 2012
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February 6, 2012
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Jeffrey Fleishman: In newly democratic Egypt, tens of democracy activists jailed, to stand trial; their groups are 'threatening the stability of the homeland'
Julie Deardorff : Researchers say antioxidants may not be that effective and could do more harm than good
Mark Clayton: How did Anonymous hackers eavesdrop on FBI and Scotland Yard?
February 3, 2012
Edmund Sanders : Israeli official says Iran is creating missile that could reach East Coast of US
Victoria Kim: Immigrant-smuggling ring used black drivers to avoid racial profiling
February 2, 2012
Jim Carney: Wrong number call may have saved her life
Reza Kahlili : Ex-CIA spy in Iran's Revolutionary Guard: What Obama doesn't grasp about striking deals with Tehran
Tina Susman: For woodchuck rescuer, every day is Groundhog Day
February 1, 2012
Brian Bennett: US officials see increasing threat of domestic attack from Iran
Emily Brandon: How to Take Advantage of New 401(k) Fee Disclosures
January 31, 2012
January 30, 2012
Paul Richter and Ramin Mostaghim: Misreading Teheran's limits -- deadly and economically devastating as they may be -- is a risk administration, Europe seem willing to take
Suzanne Bohan: Warning: Nap-deprived tots missing more than sleep, study finds
Meg Handley: Banks Revamping Rewards Programs to Woo Customers
January 27, 2012
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Yochonon Donn: In liberal New York City, fervently-Orthodox Jews may soon be getting a district to call their own
Jeannine Stein: An inflated ego and thinking you're 'all that' doesn't just make others sick of you, it can make you ill
Katy Hopkins: New budget rules may affect how much money you get for college
January 26, 2012
Ed Koch: To the New York Times, calling for the murder of Jews by those capable of having their incitement taken seriously isn't news
Jeannine Stein: Mental illness struck one in five U.S. adults in 2010: Report
January 25, 2012
Richard Simon: House passes two bills endorsing the use of religious symbols at military memorials
Fred Weir: Putin: Multiethnic Russia cannot survive as a US-style 'melting pot'; must find its own way
Susan Johnston: 5 Sneaky Coupon Strategies Consumers Should Watch Out For
January 24, 2012
Carol Clark: The price of your soul: How your brain decides whether to 'sell out'
Caroline B. Glick: America lost most in 'Arab Spring'. Sadly, many voters still don't grasp the extent
Warren Richey: Drug criminal scores win in GPS ruling from conservative-leaning high court
Erika Bolstad: Black conservatives gather to talk about gaining strength
January 23, 2012
Melissa Dribben: Jewish voters to play a key role in Florida's Republican primary
Jordan Rau: In quest to grow, Catholic hospital system will announce this morning its break from church
Ali Safi: U.S. envoy gives Taliban terms for peace talks
January 19, 2012
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January 17, 2012
Frank J. Gaffney Jr.: No-kidding red lines: U.S. response to an Iranian nuke may be bluster, but Israel's won't be
David G. Savage: They sued their principals after slandering them online --- now the cases are headed to the Supreme Court
David Francis: Where to Invest in 2012: With stocks expected to rebound, opportunity abounds for investors
January 13, 2012
Ben Lynfield: Israeli lawmakers move to annex Jewish Judea, one museum at a time
Alexia Elejalde-Ruiz: Thriving through touch: Gentle massage helps older people with low mobility improve in mind and body
January 12, 2012
Warren Richey: Landmark Supreme Court ruling a 'resounding win' for religious groups
Warren Richey: Supreme Court says no to new rule on eyewitness testimony
John Fauber : Statins found to raise diabetes risk in postmenopausal women
Katy Hopkins : Consider This Before You Pay for an Online Degree
The Kosher Gourmet by Joseph Erdos: This mushroom and barley soup has an intense -- almost nutty -- flavor that mixes robust with Middle East. It has creaminess without cream
January 11, 2012
Shari Roan: Millions of atrial fibrillation sufferers at risk for devastating, but preventable, stroke
Tom Hussain: Pakistan -- recipient of more than $21 billion in civilian and military aid -- speeds pursuit of Iranian pipeline, defying US
David G. Savage: High court signals it won't be loosening TV's 'indecency' rules
Stephen Ceasar: Oklahoma's Islamic law amendment can't go into effect, court rules
January 10, 2012
Reza Kahlili: From an ex-CIA spy: US must exploit new split in Iran's Revolutionary Guard
Karen Kaplan: Study: Nicotine replacement products ineffective when used in real-life situations
January 9, 2012
Michael Doyle: Put through legal hell over dream home, couple fought back hard --- all the way to Supreme Court
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Jewish World Review
March 6, 2009
/ 10 Adar 5769
Cube-Steak Americans vs. the Wagyu-Beef White House
By
Michelle Malkin
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http://www.JewishWorldReview.com |
Maybe thrift isn't dead after all. The Year of the Bottomless Bailout has yielded a much needed correction in the lives of ordinary Americans. While fiscal restraint is AWOL in Washington, individual frugality has made a cultural comeback. Better late than never.
In large and small ways, we are cutting back. An online Zogby International survey this week reported that 70 percent of households are foregoing movies and restaurants. Forty percent of those polled said they were delaying the purchase of major items such as automobiles, home entertainment electronics or a computer; the same percent said they were giving up vacations. Notably, Reuters pointed out, "nearly 80 percent of younger adults, aged 18-29, said they have scaled back on going out, compared to 55 percent of people 65 years and older."
Pollster John Zogby called the results "depressing." I beg to differ. Out of necessity, a consumption-based society is learning to live within its means. For decades, government policies fueled that insatiable appetite and new government programs are desperately trying to preserve it. But the Obama administration's frantic efforts to encourage more brainless home buying, car buying and consumer borrowing aren't producing their desired results. Generational theft, it seems, has a silver lining.
The phenomenon is spreading beyond America's borders. London-based economic journalist Hamish McRae recently observed: "We may be on the cusp of a big socioeconomic shift. We have had half a century when the developed world has gradually moved away from regarding thrift as a virtue. It has moved at different speeds in different countries, faster in the U.S. and UK than in Germany or China. … We have created the institutional structure that has supported this shift: from credit cards to collateralized debt obligations (CDOs). The world has clearly reached a point where it can go no further down that road. … The pendulum will swing back. How far and how fast we cannot tell, but we can be sure that debt will be regarded differently a generation from now."
President Obama, celebrated by his liberal media admirers for a miraculous ability to groove with the common man, hasn't yet caught on to the new age of individual austerity. As always, he talks a good game of "personal responsibility" and "sacrifice." But while penny-pinching Americans head to Sonic Drive-Ins for $1 everyday value meals or stay at home for cheap cube-steak dinners (sales of the inexpensive meat are up 10 percent), the White House serves up high-grade Wagyu beef to congressional revelers. The luxury item was on the menu for the bipartisan stimulus dinner in January, and was also served at the governors' dinner hosted at the White House two weeks ago.
Team Obama's image experts, perhaps hung over from all the Camelot-re-creating Wednesday cocktail parties that are now a signature of the new administration, have fallen down on the job. The man who scolded Americans for wasting energy and turning their thermostats too high still hasn't lowered his own. "He's from Hawaii, OK?" senior adviser David Axelrod snickered to The New York Times in January. "He likes it warm. You could grow orchids in there."
In flyover country, the mood could not be more different. Party time is over. I heard from a reader in northwest Arkansas, now upside down on her house with two college-age kids, who is preparing to tighten the family belt. President Obama, meet personal responsibility:
"We are ultimately responsible for the mess we are in. If my husband and I have to live in his pickup and get ready for work at the community gym, so be it. If we lose our jobs, we will move in with (my husband's) mother, and he will hunt and I will garden. We have never been on unemployment, welfare or other assistance. We are Americans. Our ancestors fought in the American Revolution, the Civil War, World War I, World War II, the Korean War, and his brother fought in Vietnam. Our family has faced tougher foes than this economy and Barack Obama. We will do as true Americans do; we will not whine, we will persevere."
Waste not, want not: Outside of Washington, it's the renewed American way.
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Comment on JWR contributor Michelle Malkin's column by clicking here.
Michelle Malkin Archives
© 2009, Creators Syndicate
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