Just off the top of your head: what do we have little need for more of?

How about furniture, mattresses, light fixtures and loans, just to name a few?

How about what we could easily do without? How about exotic foreign travel, shopping excursions to N.Y., L.A. or S.F., ice cream, frappucinos, "fine dining" of the sort where main courses for $35 are considered "reasonable," hundreds of specialty wineries producing $40-$50 bottles of wine, artsy programs paid for by tax dollars, non-profits doing nice things with donations, gew-gaws for pets, spa treatments, lawsuits with unknown odds of success involving plaintiffs with no money, cosmetic surgery, "financial services," having your nails done, costly haircuts, house cleaning services, dog walkers, travel consultants, kitchen remodels, Mercedes vehicles, or indeed, any new vehicles, now that any decent vehicle lasts 10 years with minimal maintenance, 6-foot long BBQs, "entertainment centers," more iPods, kids' toys, or clothing of any sort or type or style, given that you can buy heaps of clothing for a few dollars at garage sales or thrift stores?

This is a tiny selection of literally thousands of goods and services we can easily do without, and indeed, did do without a mere generation ago, when now-commonplace luxuries like $100 per person dinners and hip surgeries for pets would have been reserved for flamboyant millionaires.

(Lifted entirely from Charles Hugh Smith, blogger and polymath at Of Two Minds.)