Challenge 2.0 Merry Christmas or Merry Consume Us

Like it or not, Christmas has become the most commercialized holiday in the U.S. Americans spend over 600 billion dollars on the holiday, compared to 6 billion dollars for Halloween-the second most commercialized holiday. One in five Americans go into debt to finance their gift and decoration purchases. What is lost by the focus on consumer spending? What are alternatives? That’s the focus of this week’s Challenge 2.0.