Thursday, October 27, 2011

Gender and Reinvestment

I finally got around to reading a recent (maybe not that recent anymore) issue of Newsweek covering the global status of women. I was heartened to see the many countries where women have been elected to the top executive office (so long as I ignored America's baffling absence in this category).  But what's been repeating in my mind since I read it? This passage:
Economies flourish when women are included, in no small part because women reinvest some 90 percent of their income into communities and family, compared with the less than 40 percent reinvested by men.
Is that because we love to shop?

No, I'm serious.  Maybe I'm falsely applying a western, American lens to that statement (well, I'm surely applying a western, American lens).  Historically, men were sole-breadwinners. Women tended to the domestic sphere. Men worried about investments. Women worried about groceries, clothes, and Christmas gifts.  My close male friends growing up worked hard to earn money to buy cars from their parents and were taught the value of the dollar. One peek at my finances will indicate that this lesson didn't really get imparted to me.  Women now make up a majority of undergraduate and graduate students and keep growing in numbers in health and education employment areas. While this seems tied to a rise in two-earner households, perhaps eventually, you'll see more woman-breadwinner households (like mine).  But guess what I don't do? Invest. In anything. The market, my 401k, nada.

I'm assuming a TON of data in making this argument and I'm not lifting a finger to see if any exists to support my theory.  But I know that I hear on NPR that flagging consumer confidence (ie: we aren't buying enough) is hampering our economic recovery.  And we aren't buying enough because all we did was spend the last 10-15 years buying stuff [we couldn't afford] and now we're slowing down a bit.

So, women reinvest their income into their communities and family. We shop more. We leave it in locally owned businesses, big box stores, and at school bake sales. That's great for the economy but what does it do for our own financial security?

9 comments:

Benjamin Jones said...

We deal with Call Girls in Gurgaon. So, if you are getting bored with daily busy and work load life you can choose for a wonderful time spent with our escorts. Our premium quality, Girls & escorts would love to be your companion for tonight. All of our Gurgaon call girls know how to make their customers happy. At our Escorts agency, every girl has to experience hard interview rounds. At our Escorts Service in Gurgaon, We shortlist only those, who are educated, cultured, honest & have an extra appealing personality.

jonesggn said...

You can contact me for a peaceful time frame, a proper Escorts Service in Vasant Kunj conference and even an occasion or a capacity; I will take a position right nearby and will complement and improve your area amongst the team. First of all hiring Call Girls in Vasant Kunj does not mean you will get infected with immune diseases. Our Agency is a genuine and trusted escort agency and provides a call girl who is educated and well mannered.

Ethan Wood said...

The best thing about Escorts Service in Vasant Kunj, Delhi agency is that we have not just a few college girls for you to choose from but a whole collection of erotic girls simply waiting to have sex with their clients and it would not be courteous to not fulfill a girl’s wishes, right? If you are concerned about how you the whole booking will be carried out and other questions about the mode of payment then you can call us at Call Girls in Vasant Kunj, Delhi agency and one of our receptionists will be glad to help you out.

Anjali Arya said...

On the off chance that you are procuring an autonomous Aerocity Escorts, you need to manage that Call Girls in Vasant Kunj itself. Brighter your life with attractive and venereal Escorts Service in Vasant Kunj available to satisfy your lustful longings. Maybe you are searching for the high-class sexual pleasure in Aerocity. Hence give us a chance to serve you the best services according to your needs.

Jackson Lewis said...

When it comes to hiring escorts, there are different kinds of ladies available from different parts of the world. However, there is something more than special about Escorts Service in Vasant Kunj that compel men to visit Aerocity, again and again, to spend some sensual time with our naughty and sexiest Call Girls in Vasant Kunj, near Indiara Gandhi International Airport, New Delhi.

Logan White said...

The Escorts who work at Call Girls in Vasant Kunj have a raised degree of guidance and are thusly essentially loosening up and capitalizing on their organization. There are many types of Escorts Service in Vasant Kunj. Some of them are called centerfold, beauticians, lap dancers, and beauticians. As these agencies are out of various areas, you can choose one according to your liking.

Michel Turner said...

To hire our Call Girls in Vasant Kunj you can speak with our call girl representative over the call. It is very easy to get escort service in Aerocity now. Call us now!! They love to make relationships for the night with Indian men and that is why they join our escort agency to provide foreign Escorts Service in Vasant Kunj. These ladies are referred to as Foreign escorts in Aerocity.

Meena kumari said...

These bold and confident sexy girls from the house of Sexy Call Girls in Vasant Kunj, Delhi also have some of the most delicious figures that often make our clients drool over them the moment they arrive at your doorstep! These hot and sexy girls are well in demand by our long list of loyal clientele because of the first class sexual services each one of these babes from the house of Escorts Service in Vasant Kunj, Delhi render to their clients.

Jacob Jackson said...

Escorts Service in Vasant Kunj, here are incredibly evolved and they appreciate the customer’s needs since this city has every sort of individual and the fight is there for everyone. Our escort knows this reality, so they give you 100% satisfaction guaranteed. We Provide best Escorts Service in Vasant Kunj that will you never forget and come again and again. Our Agency maintain the quality and an immense collection which contains a range of categories of escort girls. What you need to is to just come to this city Delhi any time you like and get it to touch with them Call Girls in Vasant Kunj.