Monday, January 26, 2009

Little Red Hen Syndrome

Being the sole working adult in a household of two middle-schoolers, I have identified, over the years, what I call the Little Red Hen Syndrome.

You may know the story: Little Red Hen asks all the other animals if they want to help plant the wheat. Not I, the horse, goat, cat, dog, etc. all reply in turn. Will you help me water the wheat?.... Cut it, mill it, make it into bread? No, no, no. But of course when it's time to EAT the bread they're all right there. Too bad, says the little red hen.

It plays out a little differently for me. As I stoop to pick up a sock, bring a dirty dish to the sink, return something to a shelf, the though will rise, unbidden: Am I the only one that knows how to do this? It's a bad thought to have; unchecked, it only inspires carping (why don't you ever...!) and self pity. I've finally developed a much healthier attitude about it, one that looks as much at my own reaction as the event that promoted it...and one that's a lot more strategic about, say, incorporating desired behavior into allowance payment plans.

Lately as I watch our economy implode and Obama's stimulus package wind its way through Congress I find another version of the Little Red Hen syndrome playing out in my head.

I've worked since I was 14 years old. I thankfully have a pretty good credit rating and live in a house I own. I've worked in human services for many years because I believe structural inequalities in our society need to be fixed. I know many of those now losing their homes were lied to about their mortgage terms, work at jobs with wages depressed by unfettered global capitalism and years of institutionalized crippling of labor's power.

And yet...there's a tiny, tiny Little Red Hen in my head when I see my puny 401K swirling in the middle stage of the toilet flush, when I watch my home value plummet and hear about mortgage assistance programs and government bailouts. My relative lack of debt and good credit rating come from not taking nice vacations, from living in a house filled with mismatched hand-me-downs, and until very recently driving a car with rust holes you could lob a golf ball through. Where's my reward? this voice asks. I've been working so hard. What do I get?

I'm not proud of this voice when it talks about mortgage assistance programs. I give it free reign and add extra outrage when it comes up around the financial services bailout.

Other parents nod their heads and smile knowingly when I tell them my Little Red Hen theory. Problem is, she lived and worked in a system that was ultimately fair, that rewarded work and had ample resources.

Don't think we do anymore.

Saturday, January 10, 2009

We're measuring the wrong things: Or, was ANYTHING good about the Depression?

Listening to the news coverage of the economy around Christmas, I was struck at how the very fundamentals of what we measure are a perfect example of we're in such a mess.

Consumer spending is down, reporters intoned, meaning retailers suffer, tax revenues drop, and the downward spiral continues.

But past holiday buying seasons, which bolstered the economy we were used to, were based on credit card debt, and on that peculiar American brand of entitlement that's the envy and the downfall of our financial system and the world's: We DESERVE that new plasma screen TV. Our lives are deficient if we don't have the right new car! No matter what we make or how these expenses bring our spending out of kilter with our income. The right to borrow and spend more than we make is our right too.

We are measuring the wrong things.

Lurching into this recession, watching my home value plummet and my 401K waste away like everyone else, I've been trying to change my habits, to be more in line values embodied by my parents, trained by grandparents who lived through the Depression. Sensible saving, good for the long term economy and our individual and collective financial health, means Christmas retail sales drop, resulting in this hysterical (and perhaps misdirected) news coverage of how the economy continues to tank.

If I were a news editor I'd have my reporters also find out how much we are saving as a nation, whether we are paying down some debt and putting money in the bank. Include savings as a benchmark, an automatic news peg. Spending is good and needed - but so is saving, and living within your means. Where is the sweet spot where these trajectories connect for the greatest good?

Sometimes I think the Depression taught us some good things: recycle, be careful with and grateful for what we have. It's sad and touching, in a way, the implication that if only we saved enough string we'd be all right. In fact, the most maddening thing about W's response to 9/11 was that he asked nothing of us. Look at how Americans have rallied together and sacrificed in the past. If only he'd asked us to pull together then, the whole painful reversal in attitude and fortune, now beginning in the midst of a yawning crisis, could be well underway.

Listening to the news the other morning, my older daughter asked if we were going to lose our house. It's unlikely, now, I was able to tell her. And even if we did, the worst thing that would happen to us is we'd double up, maybe living in Pepere and Gradma's basement.

No problem! both girls replied.

I think the entire country is going to have to undergo this large shift in thinking. It's going to be painful and not quick.