I think that people being thrifty should last past the ressecion, yet it wont. Everyone in today's society is materialistic. People are always trying to out do there neighbor so when they finally actually have money, they are gonna spend it.
The rich people are not gonna be impacted at all by the ending of the recession because nothing ever changed in there spending ventures. The middle class and poor people will end up treating themselves to something expensive.
My family was never the big spender type. My dad is very tight with his money yet my step mom likes to treat herself. So every once in a while my dad will let Barb go out and spend a lot of money on herself. Therefore we slowed a little bit but not too much. My dad likes to treat himself because he is a hard working man. However my other family members have slowed a little bit. My cousin moved back in with his parents, because he couldnt afford the rent and utilites with his new job.
Therefore i believe that when the recession ends people are gonna become more independant and very selfish again. Thats why I think that the recession is a good way to get peoples spendings in check.
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