Thursday, February 26, 2009

An 87-Year-Old's Economic Survival Guide

Excerpted from Human Events:
...I turn to a recent conversation I had with my mother. I asked her, "How would you encourage the average American to weather the economic storms of today?"

Here's her advice, in her words:
-- "Lean upon God for help and strength. We didn't just have each other to lean on, but we had God, too. We all attended church and belonged to a faith community. Church was the hub of society, the community core and rallying point. Today people turn to government the way we used to turn to churches. It's been that way ever since Herbert Hoover's alleged promise of a 'chicken in every pot' and President Roosevelt's New Deal. Too many have abandoned faith and community. We trust in money more than God. And maybe that's a reason why we're in this economic pickle."

-- "Get back to the basics. Simplify your life. Live within your means. People have got to be willing to downsize and be OK with it. We must quit borrowing and cut spending. Be grateful for what you have, especially your health and loved ones. Be content with what you have, and remember the stuff will never make you happy. Never. Back then, we didn't have one-hundredth of what people do today, and yet we seemed happier than most today, even during the Great Depression.

-- "Be humble and willing to work. Back then, any work was good work. We picked cotton, picked up cans, scrap metal, whatever it took to get by. Where's that work ethic today? If someone's not being paid $10 an hour today, they're whining and unwilling to work, even if they don't have a job. The message from yesteryear is don't be too proud to do whatever it takes to meet the financial needs of your family.

-- "Be rich in love. We didn't have much. In fact, we had nothing at all, compared to people today, but we had each other. We were poor, but rich in love. We've lost the value of family and friends today, and we've got to gain it back if we're ever to get back on track. If we lose all our stuff and still have one another and our health, what have we really lost?

-- "Be a part of a community. Today people are much more alone, much more isolated. We used to be close with our neighbors. If one person had a bigger or better garden or orchard, they shared the vegetables and fruits with others in need. Society has shifted from caring for one another to being dependent upon government aid and welfare. That is why so many today trust in government to deliver them. They've forgotten an America that used to rally around one another in smaller clusters, called neighborhoods and communities. We must rekindle those local communal fires and relearn the power of that age-old commandment, 'Love thy neighbor.'

-- "Help someone else. We never quit helping others back then. Today too many people are consumed with their own problems and only helping themselves. 'What's in it for me?' is the question most are asking. But back then, it was, 'What can I do to help my neighbor, too?'...
Now that's conventional wisdom that should be shouted and posted in every corridor of government, every community across America, and every blog on the Internet.

Call me overly pragmatic, but I think a little practical wisdom and encouragement is what we all need about now. Mom always was good for that. She still is.

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