Will The Depression Be Good For America?

The other day we were talking about how material possessions and technological advancements do not necessarily lead to happiness, shown by the fact that many impoverished countries rank higher on a supposed "happiness scale" than America does. When Mrs. Logan suggested that the new depression could possibly be good for America in the long run, i was intrigued to see if anybody had already written about this online. I ended up finding an post from a liberal news and opinion site called OpEdNews. The post, written by Gene Messick, talks about how when the first great depression came, it forced Americans to reflect upon how they conducted their lives, not only in a business way, but in how they were willing to live without what they had been taking advantage of beforehand. The author argues that out of greed and laziness, the lessons learned from the first Great Depression were forgotten, and once again we have managed to end up in the same situation.
The post is not pessimistic, however, it talks about how this time round, we are better equipped as a country to deal with the depression and learn from it, and how it may teach us to be more responsible with the way we live our lives. Maybe as a country we will start to detach ourselves from greed, and live comfortably instead of extravagantly. Or maybe not. Either way, the depression is a vehicle driving us to actually reflect upon ourselves instead of living in ignorance and neglect.
This idea, along with the idea that people can actually be happier with less "stuff" makes me feel like in the long run this depression will be good for Americans. A quote from one of my favorite movies, "Fight Club", states that "The things you own end up owning you". I think that people get more worried the more they own, for they are constantly dealing with their upkeep and security, dealing less with their own lives, and more with the focus on their belongings.
Hopefully this depression works as a wakeup call that maybe the materialistic way of life is not the way to happiness, and Americans can start to change their ways for the better of themselves, the economy, and the environment.

http://www.opednews.com/articles/Why-a-Depression-Will-Be-G-by-Gene-Messick-081224-679.html