Is Consumerism needed to make the US economy healthy? Essay

Custom Student Mr. Teacher ENG 1001-04 23 May 2016

Is Consumerism needed to make the US economy healthy?

When we define consumerism, we see that it is the protection or promotion of the interest of consumers. In other words it is the preoccupation of society with the acquisition of consuming goods,; however the theory that an increasing consumption is beneficial.

The United states face a colossal challenge, an economic affliction of great proportions. For decades wehave piled deficit upon deficit, mortgaging our future and our children’s future for the temporary convenience of the present. To continue this long trend is to guarantee tremendous social, culture, political, and economic upheavals. The economic ills we suffer have come upon us over several decades.

They will not go away in days, week, or months, but they will go away. How does the situation appear today? A 2009 report of the U.S Department of Housing and Urban Development state: “increasing numbers of people are vulnerable to overburdened infrastructure, inadequate housing, and outmoded health system. In fact the United Nations agency UN­HABITAT projects that within three decades, one of the three people will live in near total despair lacking sanitation and clean water, exposed to the imminent effects of diseases and possible pandemics.

The U.S economy is still not good unemployment at 7.5%, wages for man who do have jobs are stagnating, but the economy is gradually getting better consumer confidence is at a five­year high and new claims for jobless benefits at a five year low in fact in the past six months, employers have added 200,000 jobs a month. Stock­market indexes are up more than 15% so far this year.

Free Is Consumerism needed to make the US economy healthy? Essay Sample

A+

  • Subject:

  • University/College: University of Arkansas System

  • Type of paper: Thesis/Dissertation Chapter

  • Date: 23 May 2016

  • Words:

  • Pages:

Let us write you a custom essay sample on Is Consumerism needed to make the US economy healthy?

for only $16.38 $13.9/page

your testimonials