Consumerism

I'm at work and two married co-workers are talking about TV's. One is a father of three(F3) and has flat screens in all of his rooms in his homes, but now because LCD HDTV screens are lowering in price he wants to get larger screens to replace the ones he has. The other is a father of one(F1) and our IT guy. Here's part of their conversation.

F3: "Well, I have a 42 inch, but I saw that the 46 inch ones are coming down."
F1: "Yeah, I saw that."
F3: "I really don't need one, but I want one
F1: "Me too

Let's look at these two guys. The father of three works until 5:30pm everyday and his commute is about 1.5 to 2 hours every day. He's home by 8pm and has to leave for work everyday at 6:30am. His weekends are filled with sleeping and playing with his kids. The other works here and teaches at NYU. When do they have time?

I love technology like everyone else, but goodness, if you already have 42 inch TV's do you need larger ones.

Do American's have to get the biggest and best of everything? With this market I would hold onto as much capital as I could. We need to scale down and focus on quality time with our loved ones. That's what is important.

Now computers are a different story...