Zakaria's Premise

As the economy falls there are different strategies that people think of to try and save us from what is to come. The things we have only read about in books. The things that we mentally find our selves saying, "I'm glad I was born now instead of then". Things that we try to not worry about, hoping it will pass over....We are trying to prevent that. To keep away from the horrors of "back then".
One of the strategies is that we simply buckle down on what we spend. Don't buy what isn't needed and isn't necessary.
That strategy is very reasonable in my opinion...Hard yes, but sometimes in life, we have to do things we don't particularly want to do. And we need to do this, because at the moment, we don't have the most money. And I believe his plan. He has a point.
"Amid all the difficulties and hardship that we are about to undergo, I see one silver lining. This crisis has—dramatically, vengefully—forced the United States to confront the bad habits it has developed over the past few decades. If we can kick those habits, today's pain will translate into gains in the long run."
And that is true.
However, there really isn't much one can say about it. When you believe in something, often one finds it hard to explain certain things. I often find myself having that problem. I agree whole heartedly though, what with the saving and consuming less. And I know that I'm going to be one to struggle with that. I'm honestly one who would spend hundreds of dollars on a purse. Bad yes, but I have that habit and it needs to stop in order to fix the oncoming problem we are encountering.
Guess that's all one can say, seeing as everyone has their own opinions.