Mentality

The tightening of our belts is going to create a recession mentality much like my grandparents mentality during the Great Depression. Like my in-laws, immigrants from the former Soviet Union, surviving famines and minimal food distribution, our immediate future will be scaled back to ensure we retain some wealth and wait for a real catalyst to propel us forward. It might be a environmental, further economic, or man-made event, but I think that something like that will make us more efficient and leaner as a nation. I don't want to see a world war to get us out of this like after the great depression, or the Cold War escalation of spending in the 80's, but more like a huge green revolution to create jobs and export our technology to the world, not us importing everything, only exporting our money.