Financial Wake-Up Call 3-23-2007

A pie chart of who owns the US National Debt:

Who owns the US National Debt
Source: The Skeptical Optimist

Why Having More No Longer Makes Us Happy: An academic look at the question that is quite in depth and fairly long, but well worth the read if you have the time:

If we’re so rich, how come we’re so damn miserable?

In some sense, you could say that the years since World War II in America have been a loosely controlled experiment designed to answer this very question. The environmentalist Alan Durning found that in 1991 the average American family owned twice as many cars as it did in 1950, drove 2.5 times as far, used 21 times as much plastic, and traveled 25 times farther by air. Gross national product p


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