America Hasnt Learned It's Lesson Yet!

http://money.cnn.com/2009/05/19/markets/thebuzz/index.htm?postversion=2009051912

consumers and investors has finally learned that conspicious consumption and too much debt is bad as a result of the economic downturn. why shop at a fancy store, when you can just go to wal-mart or costco. Why go out and eat when you can stay at home and make a nice hot meal cheaper. But have americans really learned their lessons....according to a survey (HBC) an overwhelming mjority says they dont expect this new found spending to last. According to the survey 85% have modified their savings as a result of the recession. But 76% says that americans would go back to their old habits once the financial conditions improved. So a slot of people think that they are going to be more responsible, but most likely after this is over they probably wont. I think this article is important because people not only need to be more responsible of their finances not only because of the recession, but because you will live more confortable. But when the financial crisis improves hopefully after reading this article will recognize that u not only have to be responsible now but for the rest of your life. I think this article is presented fairly because the article is very truthful. I always use cnn.......what else is there to use?