Not $o Bad

Found this quote today and I wanted to pass it along. It is from Rob Moll, over on Christianity Today's blog.

"Recessions, before the Great Depression, were often viewed as good things. Secretary of the Treasury Andrew Mellon, even after the crash of 1929, expressed the common view of the time: “It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up the wrecks from less competent people... Though the current Treasury Department seems a bit more compassionate, the idea that a recession is good lives on. A Conservative leader in Britain was forced to apologize today for extoling the health virtues of an economic decline. "Recession can be good for us. People tend to smoke less, drink less alcohol, eat less rich food and spend more time at home with their families."

With less money and perhaps no work, people don't generally splurge on cigarettes, booze, and unhealthy food. And, with nothing to do all day, they do hang around the house more."

You can read the full article HERE.