As unpatriotic and insane as it may sound, an economic depression may be the best thing that could happen to America in a long time. It will force Americans to get back to the basics of life, and rebuild their lives on a foundation of productive work and sensible spending. We should not forget that the Pilgrims came to these shores when there was nothing here but wilderness, and it was through their hard work and faith in their Creator that they started to build this great nation.
Of this miraculous process, William Bradford wrote: “Thus out of small beginnings greater things have been produced by his hand that made all things of nothing, and gives being to all things that are; and as one small candle may light a thousand, so the light here kindled hath shone to many, yea in some sort to our whole nation. Let the glorious name of Jehova have all the praise.”
Lee Eisenberg wrote in now defunct Portfolio magazine (March 2009): “The bottom line here is that things that truly matter in life do not come with daunting price tags attached. Sure, we all need food, health care, and shelter from the storm. But other than that, we don’t need an especially big Number to buy that which we ‘can’t live without,’ things that are ‘bedrock important.’… To sell a house we love is no small lifestyle relapse. But if the tradeoff is freedom gained — the opportunity for creative expression, doing good for others, keeping loved ones connected — well, I call that comfort, even if it’s cold comfort, in this, the winter of our discontent.”
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Sam Blumenfeld (photo)