Christmas Presents • Six Word Saturday. This entry in this challenge is nothing more than a (polite) middle finger to the endless Holiday – equals presents – Season. The investopedia site estimates the following:
• Nearly every year since 2008, the amount of money that American consumers spend on holiday gifts has been increasing over the previous year.
• For 2019, industry experts expect the average American to spend $920 per person on holiday gifts, up from $885 in 2018 and reaching a total of more than $1 trillion in holiday spending.
If only for myself, I need to put this in little bit of a perspective. The USA Federal Budget deficit over 2019 is less than US $ 1 trillion ($1,000,000,000,000.00!) according to this article in the New York Times. It equals no less than 110% of The Netherlands‘ GDP!
On gifts alone…
This frenzy has got to stop! This is not meant to be America-bashing in any shape, way or form. Most developed countries have a situation that is quite similar.
So my six words musing, not only for this Saturday but the whole holiday season, is:
Christmas presents… have we gone mad?
The backbone of this post has been previously published on FOWC by Fandango.
Meanwhile, if you’re getting bored, try this…