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Written by Stumo
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Sunday, 02 March 2008 |
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Maybe this is why we are spending our inheritance and leaving our kids to pay the bill.
Narcissism and entitlement among college students have increased
steadily since 1979, according to a study to be published this year in
the Journal of Personality. Between that year and 2006, 16,000 college
students were asked to pick between such paired statements as "I expect
a great deal from other people" and "I like to do things for other
people," and "I will never be satisfied until I get all that I deserve"
and "I will take my satisfactions as they come."
The data are clear: The ascent of narcissism and entitlement is dramatic.
"What we really have is a culture that has increasingly emphasized
feeling good about yourself and favoring the individual over the
group," says the study's co-author, Jean Twenge, a professor of
psychology at San Diego State University. "And that has happened across
the board, culturally, and it's showing no signs of slowing down."
It seems the transnational CEO's have this problem in spades.
Let's try living within our means, having an actual national economic
strategy, and give our kids a chance to live better than we.
Let's try making America better. How about it.
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In the news
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Colorado CPA member Milt Heft has these thoughts on money, wealth and the economy. Heft is the owner of Petrogen, Inc in Colorado Springs.
A few thoughts about manufacturing:
There is a great misunderstanding of the relationship- between money and wealth. The beginning principles with which we can all agree are a few and simple noble truths:
1. Money is meaningless without wealth.
2. Wealth is difficult to distribute without money.
3. Wealth is the reality of the physical things we need to survive and thrive: food, clothing, shelter, ice cream & computers. It is the product of mining, industrial production, and agriculture.
4. Money is anything that make the wheels of production and distribution go round.
5. Money is easy to manufacture and control.
6. Wealth takes a lot of blood, sweat, toil and tears.
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