So the post below made me think about "sin industries", the classic countercyclicals. Until now, that is. Vegas is crashing hard, and not just because of its real estate bubble. Can porn and malt liquor be far behind? Is this the moment that amateur porn has been waiting for--just as people have more dinner parties and less dining out during downturns, will people start making their own, er, fun at home? I know I'm a heck of a lot more likely to take $20 to a friendly poker game than $100 to Atlantic City.
The US is particularly miserable at putting aside money for the future. Should we blame our paychecks or our psychology?