Economic Thaw Gives Consumers Chance To Reinvent Buying Habits
Recent economic data suggests the the U.S. economy is pulling out of its worst recession since the Great Depression. The GDP is up, consumer spending is up. That is why there's no time like National Consumer Protection Week for consumers to be more aware of where the goods they buy are made.
Consumer advocate and Credit.com founder Adam Levin has laid down the gauntlet for Americans in light of the great economic thaw to embrace a new ideal -- not that of the rational but that of the conscious consumer. With consumer spending making up 70 percent of the U.S. GDP, it's time for our country to grow up and rethink our consumerist ways.
"As we rebuild our economy, we have a chance to get it right and make sure it is on a stable and sustainable foundation. We have as much a responsibility to our communities and ourselves as we would demand that corporations respect our rights and that government protects them. And that's what National Consumer Protection Week is all about. It's an adult moment for all of us: consumers, corporations, and regulators," he argues in the Huffington Post.
He's not suggesting Americans purchase an American product just because it is made in the United States. But when given a choice between comparable quality at comparable price, consumers should opt for the USA-made one.
Why? The national economy's long-term health depends on its manufacturing sector to a significant extent. But after World War II, U.S. factories "became so fat, dumb, and happy," Levin argues, that they turned out inferior product. Since then, things have improved significantly but U.S. manufacturing needs the opportunity to clear up past perceptions and prove that USA-made products are the best in the world. That starts where else? At home.
By the way, Happy National Consumer Protection Week! Better late than never, right? You've got two more days. Now, go shopping -- preferably for USA-made products.
Read the full editorial at: http://huff.to/wwWUBf