Rich People: Shut Up! The Recession BacklashSadie Stein12/09/08 3:00pmFiled to: RecessionConspicuous AusterityLet them eat cakeRecessionistasEconomyClass dividemarie antoinetteMoneyPlatitudesTrendsResentment24EditPromoteShare to KinjaToggle Conversation toolsGo to permalinkAnd so it begins: as the cocktail party circuit has buzzed with the novelty of "cutting back" and "shopping their closets" and "haute frugality," the seething has started. And now it's becoming audible: "doesn't 'thrifty chic' make you want to vomit?" rails Alex Renton in today's Guardian. "Is there anything more grubbily ironic than the rich getting pleasure out of not shopping?" Well, "grubby irony" aside, we say the fun-and-games approach to a recession can't last — and that's a very good thing.AdvertisementRenton's vitriol, not surprisingly, is reserved for those people not actually adversely affected by the economic downturn. "Thrift is of course the latest middle-class indulgence; where once we spent on goats to Africa, this year we're spending nothing. Why? How many people are actually poorer this Christmas?"Well, stateside, quite a few of us. But the point is well-taken: those most ostentatiously hoisting the thrift flag are not always those for whom it is necessity. Renton is angry that these folks aren't supporting the economy; I find this somewhat disingenuous, as I'd be very surprised to find that most of these folks against whom he rails — that is, those not economically affected — are really denying themselves in a significant way — even if their public consumption is curtailed. But what's not curtailed? The platitudes. It grows wearing to see the well-compensated Today show hosts furrowing their brows daily over coupon clipping and Martha Stewart droning conscientiously about the cost-benefits of homemade gifts. And where socialites' naive utterances about the economy were briefly entertaining in a Petit Trianon-sort of way, the mounting body count renders this sort of philosophizing very trying indeed. Mused model/heiress Margherita Missoni to The Observer, "I find it a bit ridiculous actually, almost like it's the cool hot topic to talk about at fancy parties is the economy, which seems very decadent.'" The zeal of thrift is such that it feels less, "we're all in this together" than that it's a passing trend in which those who have the luxury will quickly lose interest - something we've anticipated for a while.