Growing Up Is Never Easy: The Pains of Recession Should Lead to More Mature Financial Practices

ST. CLOUD, Minn., March 31, 2009 — Urging the country to put away childish things, President Obama could have been talking about poor spending habits. Like children, this nation demanded instant gratification. The retail concept of lay-away, popular just 30 years ago, went the way of the drive-i…