income :: essays research papers

With the average American having a disposable income of $28,277, it is no wonder America has become the consumer nation that it is nowadays (census.gov). In the past nine months American economy has attestn an economic maturement of 5.6%. Improvements in work industry are providing higher-paying, more than permanent jobs than before, with less(prenominal) than 10% of new jobs created in 2005 being temporary (economist.com). With better usage opportunities and steady economic growth, America will become even more of a consumer culture than it is today. Mark Hertsgaard observes a more compassionate gradient of America when he describes consumer spending post 9/11. But the attacks to a fault engendered a new seriousness among the American people, a turning past from self-indulgence and material things in favor of spiritual values and run to others (Hertsgaard 40). The 9/11 attacks left Americans with feelings of sympathy and remorse, as well as a feeling of unity that was share d byout the country. Hertsgaard stated that later on the attacks, the consequent drop in consumer spending turned the economy into an straight-out recession (Hertsgaard 40). While the economy itself unarguably suffered an obvious and drastic decline, Americans did not waste much time before they used the attacks on the introduction Trade Center as a means to make a profit. Millions of products advertised as 9/11 memorabilia were suddenly being exchange everywhere. These items were announced as apparent ways for Americans to show their unity and patriotism, as well as their loyalty and support for their country. Sweatshirts, posters, burnt umber mugs, and just about anything that could somehow display images or messages were applicable to be sold as keepsakes from the tragic event. While a day as disastrous and devastating as 9/11 left most(prenominal) of America with feelings of grief, especially for those who had lost loved ones, the American Dream was faraway from being fo rgotten. The American Dream holds different meanings for different individuals, depending on their avouch opinions and perceptions. Despite the fact that this phrase holds not one particular meaning, and is a somewhat varied idea, its accepted interpretation includes achieving prosperity through hard work, courage and determinationNaturally, Americans strive to be the best they can be, regardless of what it is they are doing. It is normal for a somebody in any profession to desire a promotion, which is a learn route to their actual goal a higher salary. Lee Price, of the economic Policy Institute, holds an opinion which contrasts Hertsgaards idea that the 9/11 attacks were alone responsible for the economic decline.