“She planted that terror of debt so deeply in her children that even now, in a changed economic pattern where indebtedness is a part of living, I become restless when a bill is two days overdue. Olive never accepted the time-payment plan when it became popular. A thing bought on time was a thing you did not own and for which you were in debt. She saved for things she wanted, and this meant that the neighbours had new gadgets as much as two years before we did.”
― East of Eden
― East of Eden
“But the economic meltdown should have undone, once and for all, the idea of poverty as a personal shortcoming or dysfunctional state of mind. The lines at unemployment offices and churches offering free food includes strivers as well as slackers, habitual optimists as well as the chronically depressed. When and if the economy recovers we can never allow ourselves to forget how widespread our vulnerability is, how easy it is to spiral down toward destitution.”
― Bright-Sided: How the Relentless Promotion of Positive Thinking Has Undermined America
― Bright-Sided: How the Relentless Promotion of Positive Thinking Has Undermined America
“We didn't actually overspend our budget. The allocation simply fell short of our expenditure.”
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