High levels of debt and consumption were not the result of millions of individual decisions by consumers. They were the result of a deliberate economic 'regime change' in the 1970s.
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WASHINGTON — Americans are hunkering down and saving more. For a recession-battered economy, it couldn't be happening at a worse time.
Marketing without a trained sales team is a "one way" vehicle, causing the company to only activate at the point of marketing and then become passive.
Credit card companies do not limit themselves to tutoring consumers in the art of financial responsibility. They try to insure that everyone who wants a credit card has one.
When I think of Christmas, I see the stuff under trees: toys and books and computers, DVD players and colorful paper.
I don't mean the Christmas tree...
Some folks have cash in the bank, and prices are going down, and they can take advantage of that. There are people who buy stuff as a matter of status and prestige.
Economic recovery cannot mean re-enabling the gluttony of manic consumption without pumping up "production" and getting a more balanced portfolio between what we produce at home and ship in from others.
I am willing to concede that Wall Street and the big bankers need some propping up. But while we are at it, we should find a way to bail out the little people -- and the planet.
This Jewish holiday begins a ten-day period during which Jews spend time in self-reflection and repentance -- I can't think of a better thing for the members of Congress to do while at home.
Imagine a world in which landfills no longer exist, corporations make money while replenishing, cleansing and protecting natural resources, and consumers express their ethics with every purchase.
ABU DHABI, United Arab Emirates -- With oil near record highs, the Persian Gulf is awash in cash, stimulating a return to some very conspicuous consum...
While people across the country are taking action to reduce their own carbon footprint, some consumers are using their power to push companies to take action themselves -- and it's paying off.
It's started. The recent BBC World News report on the startling rise in basic food costs throughout the world is alarming new evidence of the trouble we're in as a species.
China needs Americans to continue to buy their manufactured goods so they keep loaning us money we can't pay back. Consumption continues as the debt mounts right alongside.
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