The Rich Catch Everyone Else’s Cutback Fever – NYTimes.com

Posted by Trish Riley, July 17, 2010

Okay, let’s review: The economic model has led us to a horribly unsustainable situation whereby we are rapidly gutting our natural resources and polluting the planet with an overflow of junk created largely by poisonous petrochemicals. Creating a sustainable world depends on changing this model. We all need to buy less stuff and businesses need to make less stuff. We need a new economic model that thrives on production of renewable energy, healthy food, and a higher quality lifestyle that is not so dependent on money for survival. Can we get started now? Please?

“Especially at this stage of a recovery, businesses and economists want to see people of all incomes spending more, because the demand for goods and services would in turn encourage companies to hire workers. The American consumer accounts for an estimated 60 percent of the country’s economic activity.”

via The Rich Catch Everyone Else’s Cutback Fever – NYTimes.com.

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