Is Consumerism needed to make the US economy healthy? Essay

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, in time the theory that an increasing consumption is beneficial.The united states face a colossal challenge, an economic affliction of cracking proportions. For decades wehave piled deficit upon deficit, mortgaging our future and our childrens future for the temporary convenience of the present. To continue this long trend is to reassure 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 step up today? A 2009 report of the U.S Department of Housing and Urban Development state increasing be of people argon vulnerable to overburdened infrastructure, inadequate housing, and outmoded health system. In incident the Unite d 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 achievable 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 five category 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 much than 15% so far this year.