Everything is Relative

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From Michigan to Florida, voters are anxious about the direction of the U.S. economy and how the downturn will affect their pocketbook. Their anxiety is understandable, but a proper perspective might dampen their increasing negativity.

 From today’s Italian newspaper (with the help of Google translator), Il Corriere Della Sera According to ISTAT, 14.6% of Italian families (one in seven) say they have a hard time at the end of the month to pay their bills. One out of ten have difficulty with the most essential expenses: bills, heating, and medical treatment, while 4.2% of families in Corsica had problems, at least once, to stock their refrigerator. The Istat survey was in 2006.” 

Americans face tough times, but in looking around the world, even in Western Europe, they still sit top the figurative list of world’s luckiest populations.

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