Hello Everyone!
Ok I thought I had this entire blog thing down but I guess not! I can't seem to find my first blog assignment....eeeek I must have posted it in the wrong place. So please forgive me until I find it...
Shiela
Wednesday, September 22, 2010
First Blog Assignment
1. Given the U.S. economy is based on consumer spending, is it patriotic to shop?
I believe that given the current state of the economy consumer spending is vital to the United States for two major reasons, first because if there is no spending then we could end up in a recession, although some would say we are already in a recession, I think not, people are still spending only very little and we must continue to be patrons at a local and national level. It is part of our duty as citizens to help do our part even if it is small spending, it helps businesses to stay open, it helps people to keep their jobs and so on. I’m not talking about wasting money, spending it or unnecessarily or getting into debt. If there is no spending there would be less of demand and therefore less productivity and this could lead to a serious recession like that of the 1920’s depression and possibly worse.
So back to the question is it patriotic to shop? Yes, another reason I believe “we” as citizens of the United States should spend is because it is our duty as Americans to help stimulate the economy at a local not by spending more but by supporting our local businesses. The recent down fall in our economy has especially hit our small towns very hard, leaving many businesses no other option but to shut down.
Just think of how many “mom & pop shops” that have been effected by the sudden slow down in spending. A sad sight to see vacant buildings and empty shelves. How can this be avoided you might ask? By supporting our local shops, bakeries, second hand stores and so on. There are so many ways we can stimulate the economy even those on a budget can. There will always be a need for goods and services and for every dollar we spend at the local café we help in a not enjoy a cup of java but we help the community in which we live.
I understand that not everyone has money for the extras in times like these when many are struggling just to pay the bills, but it is those who are able to spend that have to power to help men and women stay employed.
I will conclude with this final thought... America was established as a the land of opportunity and plenty and we can all help to keep this true to life by wise consumer spending without putting each other in debt. Patriotism is defined as: Love for or devotion to ones country. Therefore if we love our country we will continue to stimulate and drive our economy by shopping wisely and putting money back into our local community.
I believe that given the current state of the economy consumer spending is vital to the United States for two major reasons, first because if there is no spending then we could end up in a recession, although some would say we are already in a recession, I think not, people are still spending only very little and we must continue to be patrons at a local and national level. It is part of our duty as citizens to help do our part even if it is small spending, it helps businesses to stay open, it helps people to keep their jobs and so on. I’m not talking about wasting money, spending it or unnecessarily or getting into debt. If there is no spending there would be less of demand and therefore less productivity and this could lead to a serious recession like that of the 1920’s depression and possibly worse.
So back to the question is it patriotic to shop? Yes, another reason I believe “we” as citizens of the United States should spend is because it is our duty as Americans to help stimulate the economy at a local not by spending more but by supporting our local businesses. The recent down fall in our economy has especially hit our small towns very hard, leaving many businesses no other option but to shut down.
Just think of how many “mom & pop shops” that have been effected by the sudden slow down in spending. A sad sight to see vacant buildings and empty shelves. How can this be avoided you might ask? By supporting our local shops, bakeries, second hand stores and so on. There are so many ways we can stimulate the economy even those on a budget can. There will always be a need for goods and services and for every dollar we spend at the local café we help in a not enjoy a cup of java but we help the community in which we live.
I understand that not everyone has money for the extras in times like these when many are struggling just to pay the bills, but it is those who are able to spend that have to power to help men and women stay employed.
I will conclude with this final thought... America was established as a the land of opportunity and plenty and we can all help to keep this true to life by wise consumer spending without putting each other in debt. Patriotism is defined as: Love for or devotion to ones country. Therefore if we love our country we will continue to stimulate and drive our economy by shopping wisely and putting money back into our local community.
Blog #1 Hum 101
1. Given the U.S. economy is based on consumer spending, is it patriotic to shop?
I believe that given the current state of the economy consumer spending is vital to the United States for two major reasons, first because if there is no spending then we could end up in a recession, although some would say we are already in a recession, I think not, people are still spending only very little and we must continue to be patrons at a local and national level. It is part of our duty as citizens to help do our part even if it is small spending, it helps businesses to stay open, it helps people to keep their jobs and so on. I’m not talking about wasting money, spending it or unnecessarily or getting into debt. If there is no spending there would be less of demand and therefore less productivity and this could lead to a serious recession like that of the 1920’s depression and possibly worse.
So back to the question is it patriotic to shop? Yes, another reason I believe “we” as citizens of the United States should spend is because it is our duty as Americans to help stimulate the economy at a local not by spending more but by supporting our local businesses. The recent down fall in our economy has especially hit our small towns very hard, leaving many businesses no other option but to shut down.
Just think of how many “mom & pop shops” that have been effected by the sudden slow down in spending. A sad sight to see vacant buildings and empty shelves. How can this be avoided you might ask? By supporting our local shops, bakeries, second hand stores and so on. There are so many ways we can stimulate the economy even those on a budget can. There will always be a need for goods and services and for every dollar we spend at the local café we help in a not enjoy a cup of java but we help the community in which we live.
I understand that not everyone has money for the extras in times like these when many are struggling just to pay the bills, but it is those who are able to spend that have to power to help men and women stay employed.
I will conclude with this final thought... America was established as a the land of opportunity and plenty and we can all help to keep this true to life by wise consumer spending without putting each other in debt. Patriotism is defined as: Love for or devotion to ones country. Therefore if we love our country we will continue to stimulate and drive our economy by shopping wisely and putting money back into our local community.
I believe that given the current state of the economy consumer spending is vital to the United States for two major reasons, first because if there is no spending then we could end up in a recession, although some would say we are already in a recession, I think not, people are still spending only very little and we must continue to be patrons at a local and national level. It is part of our duty as citizens to help do our part even if it is small spending, it helps businesses to stay open, it helps people to keep their jobs and so on. I’m not talking about wasting money, spending it or unnecessarily or getting into debt. If there is no spending there would be less of demand and therefore less productivity and this could lead to a serious recession like that of the 1920’s depression and possibly worse.
So back to the question is it patriotic to shop? Yes, another reason I believe “we” as citizens of the United States should spend is because it is our duty as Americans to help stimulate the economy at a local not by spending more but by supporting our local businesses. The recent down fall in our economy has especially hit our small towns very hard, leaving many businesses no other option but to shut down.
Just think of how many “mom & pop shops” that have been effected by the sudden slow down in spending. A sad sight to see vacant buildings and empty shelves. How can this be avoided you might ask? By supporting our local shops, bakeries, second hand stores and so on. There are so many ways we can stimulate the economy even those on a budget can. There will always be a need for goods and services and for every dollar we spend at the local café we help in a not enjoy a cup of java but we help the community in which we live.
I understand that not everyone has money for the extras in times like these when many are struggling just to pay the bills, but it is those who are able to spend that have to power to help men and women stay employed.
I will conclude with this final thought... America was established as a the land of opportunity and plenty and we can all help to keep this true to life by wise consumer spending without putting each other in debt. Patriotism is defined as: Love for or devotion to ones country. Therefore if we love our country we will continue to stimulate and drive our economy by shopping wisely and putting money back into our local community.
Monday, September 6, 2010
Getting the hang of this
I decided to make an attempt to blog everyday....So here I am! Luv this class and can't wait to hear about all of you. I tend to ramble so I'll keep this one short and sweet....Have a GREAT day all! :-0
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