I am in the process of creating an E-book called 101 Reasons to Love a Recession :
I have actually thought of at least 150 funky reasons.
So, in advance of my release of the book, here are eight reasons to love a recession:
- Getting fired is the universe's way of telling you that you had the wrong job in the first place.
- Style in clothing will be more important than fashion and this is a great thing for humanity. As Oscar Wilde once said, "Fashion is a form of ugliness so intolerable that we have to keep changing it every season."
- Most of us enjoy seeing the three formerly excessively profitable sectors — real estate, banking, and stock investment — that got us into this messy "once-in-a-century credit crisis" being laid in their rightful place as the "three stooges of the global econony."
- A recession will force some people to learn something about budgeting since credit will be harder to get.
- More people will be in better physical shape because they will not be able to afford to drive as much; thus they will walk more or bike more.
- Fewer people flying on airplanes makes it easier to book a seat and more chance for flying with the seat empty beside you - this means no fat guy fighting with you for the arm rest.
- A recession is the opportune time to finally put economists in their rightful place. Weirdly, the same people who laugh at gypsy fortune tellers and write off astrologers as kooks take economists seriously. Perhaps more scholars should give credence to the words of Jean-Paul Kauffmann: "The economy depends about as much on economists as the weather does on weather forecasters."
Now is the time to put your creativity and cleverness to the test by thinking of new ways to save money such as reading by candlelight and spending your winter vacations in your basement watching an old black and white TV.
For the record, these are not even close to being my best reasons. I am saving the best for the E-book.
As an aside, this tip, which comes from my book The Lazy Person's Guide to Happiness, would have saved a lot of Americans a lot of grief if they were smart enough and conscious enough to follow it:
Why waste so much time, money, and effort trying to acquire the biggest house that your credit rating will allow? A small house can hold as much happiness as a large one — often it will hold even more.