That is the beauty of being "rich". "Rich", of course, is a moving target. It helps to define a "target" if you hope to hit the thing. I live in one of the wealthiest enclaves in the U.S. Palm Beach County. (The reason Bernie Madoff came here to pull off his scam is because "that's where the money is".) With all of their wealth, people here, for the most part, are not "rich".
It is all how you define it. Forget "happiness". That abstract cannot be defined. I define "rich" as having enough resources available so that your lifestyle would not be impacted for say... 10 years, if you stopped earning. No, that is not hop in your G4 and do lunch in Rome rich, but the peace of mind that comes with not sweating 10 years worth of bills is incalculable. There are 2 variables: Income and OVERHEAD.
Here is where I am going with this.
I keep hearing members of the Obama administration in the media extolling the "need" to get more "credit" (every "credit" is some contra party's debt) out into the "economy". I want to ask them:
Certainly not the American people's "need". They need more debt like a hole in their head.
No, the government "needs" you to go into and stay in debt. The crisis that the government really fears is that folks will actually figure out how to live happily and comfortably with smaller homes, less stuff in those homes, smaller cars, shorter commutes, less fuel consumption, no credit card debt, G-d forbid people actually got GOOD at gardening, planted fruit trees instead of ornimentals, and had backyard chickens - not to mention living together in extended families, thus undercutting "household creation".
This is what the administration truly fears. Because then the economy would "collapse" on "their watch". Never mind that these things will all come to pass in any and EVERY event. The administration has decided to "stay the course" of the past 4 or 5 administrations (nary a difference between them), and they want YOU (I can just see the Uncle Sam poster of Obama in Red, White, and Blue top hat and pointing like Apollo Creed "I want YOU!) to get into debt and stay in debt.
(Ever see the movie "accepted"? Ridiculous, childish, and campy but there is a show stealing scene by Lewis Black tells the parents of a student at his college:
Look, we throw a lot of fancy words in front of these kids in order to attract them to going to school in the belief that they’re gonna have a better life, and we know that all we’re doing is breeding a whole new generation of buyers and sellers, BUYERS AND SELLERS! Pimps and whores, PIMPS AND WHORES! and indoctrinating them into a life long hell of debt and indecision!
If you can find it on the web watch it, otherwise it is almost worth sitting through the movie just to see that one scene.)
Don't fall for it. "Freedom" is being debt free.
Mentatt (at) yahoo (d0t) com