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Updated: June 22, 2025
Except for those who would selfishly and shortsightedly take all this wealth of wild life out of the world altogether, in one grasping generation, there is nobody who will not be the better for the change.
"Men's future upon earth does not attract it; their honesty and shapeliness in the present does; and whenever they wax out of proportion, overblown, affected, pretentious, bombastical, hypocritical, pedantic, fantastically delicate; whenever it sees them self-deceived or hoodwinked, given to run riot in idolatries, drifting into vanities, congregating in absurdities, planning shortsightedly, plotting dementedly; whenever they are at variance with their professions, and violate the unwritten but perceptible laws binding them in consideration one to another; whenever they offend sound reason, fair justice; are false in humility or moved with conceit, individually or in the bulk the Spirit overhead will look humorously malign and cast an oblique light on them, followed by volleys of silvery laughter.
Instead, it was shortsightedly and irresponsibly expended in an orgy of unbridled consumption. For the first time in a long time, America's savings rate turned negative. Americans borrowed at home and abroad to embark on a fervid shopping spree. Even worse, the part of the deficit that was invested rather than consumed largely went to finance the dotcom boom turned bust.
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