I talked to mom on phone yesterday morning for 83 minutes (so said the phone’s display when I hung up) and Mom said she thought it silly that people were saying consumers just need to go buy more stuff to help economy. And I heard somebody on CNBC yesterday morning saying that refinances were up but the market needed to see more home buyers—as if “The Economy” needs individuals to burden themselves with these ridiculous things called mortgages. I mean, what he says sounds absurd if you think about it from an individual’s viewpoint. It seems like a normal thing to say from the view of the whole economy or from the view of the stock market (traders), but if you take what he’s saying as advice to individuals, it’s absurd. He makes it sound as if there are buyers just sitting there with cash, waiting—or as if somehow people were shirking their duty in buying the crap houses the developers build. …
Again this winter I’m noticing how much those bright, fluorescent pinks, limes, and oranges stand out against snow—as if they glow. …
[From journal of Thurs. 25 Dec. 2008, Journal 107, page 123-4]