BALANCING THE ECONOMIC EQUITIES

BALANCING THE ECONOMIC EQUITIES By Rev. Dr. Larry Delano Coleman Wednesday, October 09, 2013 To the extent that economic growth is a function of domestic consumption, growth is constrained and mitigated by flattened wages, personal debt and disproportionate taxes, of all kinds, upon consumers. At the bottom of world economic growth is U.S. domestic consumption, according to this article, linked below. Given this foundation, U.S. consumers are positioned to influence domestic and foreign economic policies. This means they have a say, by their simple organized consumption, regarding who is, and who remains, “poor” at home and abroad. “Organized consumption” means the creation of cadres of interested consumers who direct, and who are directed by, a consumerist global consciousness toward a specific goal, an ideal. The goal is an organized, bottoms-up approach to consumer spending (consumerism), which counterbalances the tops-down approach now prevalent among producers, foundations, and governments. That goal or ideal is the reduction of poverty at home and abroad through organized consumerism. http://www.washingtonpost.com/business/economy/imf-reduces-forecast-for-growth-but-expects-stronger-us-economy-next-year/2013/10/08/0b819aa8-3016-11e3-9ccc-2252bdb14df5_story.html?wpmk=MK0000202 A solution to cyclical growth dilemmas can be remedied by a crystallization of conscientious consumers’ cadres. By doing nothing, and acting individually as encouraged by prevailing cultures, consumers will remain as flotsam on the will of producers. By acting as self-interested cadres, they balance the equities. #30