Spending is not a patriotic duty
- Share via
I have never really understood the stock market. It reminds me of
the game of craps, which I still haven’t figured out.
So when I’ve had the opportunities to invest, I’ve put it back
into the house we’ve lived in. That has always proved to be a good
investment.
There have been exceptions.
I bought Starbucks Coffee stock just after the company went public
in the 1980s. Yippee. But then I got bold and bought stock in a
cheese company that went nowhere fast. Then there was the card
shuffling manufacturing company that started their heavy slide the
day after I bought their stock.
I think of the stock market and Wall Street and the rigged game as
I watch families scrambling around shopping during Christmastime.
Pity poor Mr. and Mrs. Doe. One week they are being compared to
other western civilizations and told that our per capita saving is
too low, that we are not saving enough. The next week, they are being
told that consumer spending drives most of the U.S. economy and that
we should go out and shop till we drop.
Economists, please make up your minds.
Regardless of what we are supposed to be doing, I know what we are
doing.
We’re shopping. An early November shopping trip to South Coast
Plaza and Metro Pointe was a real eye opener. Long before the
official Christmas shopping season began, we were among the many
people out to buy something.
There are plenty of parents out there troubled by the amount of
time their kids spend in front of the TV or playing video games. As
they tell me this, I get the impression that these kids belong to
someone else -- that these parents have no power to pull the plug on
any of this stuff.
But each year at a birthday or Christmas, these parents only
perpetuate their misery by buying the latest version of a video game
or even a TV set for a kid’s room, as more than half of the parents
in the country have done.
Kids need to get more gifts that can only be used outdoors. They
should be getting balls, bats, gloves, skates, pogo sticks,
basketball hoops, Frisbees, bicycles and scooters.
There are a couple of exceptions I’d make. One is to buy kids
books or a gift certificate to a bookstore. The value of a child
reading books on a regular basis is incalculable.
One report I read online only a couple of days ago was about the
two most common habits of “A” students. One habit was reading for
pleasure, not just as homework. The other habit was eating breakfast
four out of five days.
The other exception I’d make is to buy gifts that the family can
use together.
One such gift would be a board game. Perhaps that can be used to
establish a family game night -- anything to promote the togetherness
of the family.
Finally, as a service to my fellow shoppers and parents, I am
offering a gift guide. But this one’s different. These aren’t gifts
I’ve seen, but gifts I’d like to see:
1. The Electric Seat. This is not the kind you find in nicer cars.
This one is a back seat that produces a nonlethal electric shock each
time some kid kicks the seat in front of him, particularly the
driver’s seat. If electricity is too cruel, then perhaps every time
they kick a front seat it triggers 10 minutes of Beethoven. That
should make them stop rather quickly.
2. Expandable shoes for kids. I marvel at the parents who can
either afford or otherwise have to have the name-brand shoes for
those kids whose feet are growing faster than weeds. These expandable
shoes are for the rest of us who watch our kids outgrow shoes that
still have plenty of tread on them. Each time a child’s feet grows a
half size, these shoes would have some sort of extension that helps
them adjust.
3. Lunchbox With a Clapper. Over the past several years, our kids
have lost enough lunchboxes to fill a shelf at Target. I’d like to
see a lunchbox with one of those “clapper” devices embedded in it so
kids can find their lunchboxes just by walking around school clapping
or whistling. This concept is also good for jackets, sweaters and
caps.
Parents, pay attention to your wallet, not Wall Street. Contrary
to what the economists and the media want you to believe, it is not
your patriotic duty to buy stuff, particularly if you go into debt to
do so.
It is your patriotic duty to establish a safe, secure home with a
solid financial footing so that your kids have a roof over their
heads, enough food to eat and some decent clothes to wear. Anything
else is gambling -- just like the stock market.
* STEVE SMITH is a Costa Mesa resident and freelance writer.
Readers may leave a message for him on the Daily Pilot hotline at
(949) 642-6086.
All the latest on Orange County from Orange County.
Get our free TimesOC newsletter.
You may occasionally receive promotional content from the Daily Pilot.