Tuesday, October 09, 2007
Investment Is About Kids, Not Just The Stock Market
I read Thomas L. Friedman in the NY Times on Sunday. It’s provocative – he warns that we are putting the war on the national credit card for the kids to pay off – but it raises an important point. We should invest now, in our children, for our own sakes, as well as for theirs. Children are yet to make an economic contribution to society, but we care for and educate them because it is the right thing to do. We cannot be sure that our spending will ‘pay off’ in the case of any individual boy or girl, but we know that our society would be poorer without it. Investment is a human issue, not just a financial one.