Preview

It's Consumer Spending Stupid By James Livingston

Satisfactory Essays
Open Document
Open Document
225 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
It's Consumer Spending Stupid By James Livingston
The essay “It’s Consumer Spending Stupid” by James Livingston gives an explanation on how consumer spending may be beneficial. The main idea of this essay is Livingston proving that consumer spending is extremely beneficial to the economy, more than private investment. This is the main idea because in the last sentence of the introduction, Livingston implies that consumer debt and government spending is a wonderful investment. Therefore, he gives supporting information to the point he is attempting to get across to the readers. Additionally, trader’s, CEO’s, and the 1 percent aren’t needed to see a better future, but as consumers we need to spend more to contribute to society (Livingston, pg. 508). In the essay “Millennials’ Heads Under a
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Waste Not, Want Not by Bill McKibben: Analysis
    • 923 Words
    • 3 Pages

    Waste Not, Want Not by Bill McKibben: Analysis

    consumerism and suggests a “return to the frugality of simpler times.” He offers that we can…

    • 923 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Documentary Summary: Addicted To Cheap Shopping
    • 933 Words
    • 4 Pages

    Documentary Summary: Addicted To Cheap Shopping

    Addicted to Cheap Shopping is a documentary that explains the reasons behind the inexpensive products and services that are available for sale in large supercenters. Libby Potter, a British reporter, travels around the world to investigate the reason behind why people of the first-world countries are being given such low rates for things that definitely did not take so little to produce. She gets to the bottom of why the products that we purchase are having such a huge impact on foreign laborers. The video discusses specifically why the prices of clothes, electronics and overall consumer goods that we buy have fallen over the years.…

    • 933 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    Atlas Shrugged by Ayn Rand
    • 1222 Words
    • 5 Pages

    Atlas Shrugged by Ayn Rand

    Topic #2: Why does John Galt go on strike when the Starnes heirs take over the Twentieth Century Motor Company? Do you think he is right or wrong to start a strike? Explain.…

    • 1222 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Good Essays

    Thank You For Arguing By Jay Heinrichs
    • 591 Words
    • 3 Pages

    Thank You For Arguing By Jay Heinrichs

    When arguing, do you often keep talking until your opponent realizes they're wrong? Or do you give examples in Logical, Ethos, or Pathos relation? Jay Heinrichs, author of Thank You For Arguing : What Aristotle, Lincoln, and Homer Simpson can teach us about the art of persuasion demonstrates and teaches the basics of arguing by showing Ethos, Pathos, And logos. Ethos meaning credibility, “Pathos” as in emotional, persuasion, And lastly Logical arguing. Jay Heinrichs has a total of seven books published, he’s a former editor of Dartmouth Alumni Magazine, and group publisher of the Ivy League Magazine Network Heinrichs goes in depth of how Aristotle has displayed three types of arguing being that “Blaming” is first which is spoken in past tense, “Demonstrative argument” which is in present tense mainly based on morality, “Deliberate argument” which is future tensed good or bad choices.…

    • 591 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    What's The Trouble, By Jerome Groopman
    • 640 Words
    • 3 Pages

    What's The Trouble, By Jerome Groopman

    In Jerome Groopman’s fascinating New York Times article “What’s the Trouble,” we learn of three specific cases in which skilled physicians, “rely[ing] on shortcuts and rules of thumb... known...as ‘heuristics’” (Groopman 4), fail to make accurate diagnoses concerning the unknown maladies of their subjects. However, since the article is written from the limited perspective of a medical professional, it lacks insight into the heuristic techniques of the patient, the cursory and sometimes imprecise trial-and-error processes which he or she must run through to deduce whether or not their clinician is trustworthy. I would like to discuss the heuristic method which I believe to be the most frequently utilized by patients: unverified trust in the doctor’s good morale simply because he or she…

    • 640 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    The Ables Vs. The Binges Summary
    • 480 Words
    • 2 Pages

    The Ables Vs. The Binges Summary

    In “The Ables vs. the Binges” the author, John Verdant, extensively analyzes the effects of consumerism on American society. In his essay, Verdant exposes the way society approaches the market world as consumers. He uses two very different families with similar financial situations to show the negative effects that consumerism has on society and the positive outcomes of effectively abstaining from it (Verdant 152). When comparing the Ables and the Binges he expresses how their differences in consumption and money management set them apart from one another.…

    • 480 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    In Over Their Heads By Margaret Peterson Haddix
    • 1018 Words
    • 5 Pages

    In Over Their Heads By Margaret Peterson Haddix

    Example: Your generation of humans was supposed to be better!” One of the robots yelled back. “But you’re not! You’re just as murderous as your ancestors!” (Haddix 295)…

    • 1018 Words
    • 5 Pages
    Good Essays
    Read More
  • Good Essays

    Canadian Magazine Dispute Essay
    • 985 Words
    • 4 Pages

    Canadian Magazine Dispute Essay

    “Consumer spending is an important economic factor because it usually coincides with the overall consumer confidence in a nation’s economy. High consumer confidence indicators usually relate to higher levels of consumer spending in the economic market. Consumer confidence provides governments and businesses with an analysis on consumer perception.” (Writer, 2010) Consumers purchase products because of it's quality and connectivity.This is why we pay a little extra to purchase quality products from Japanese, American as supposed to cheaply made products from China. “Businesses use consumer spending data in their supply and demand economic calculations. Supply and demand help businesses produce goods or services at the most favorable consumer price points.” (Writer, 2010) By allowing Canadians to vote via their purchasing habits give the local Canadian magazine essential data, they should encourage this practice as it would only benefit the local magazine industry in terms of consumer…

    • 985 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Common Sense Economics Book Review
    • 1653 Words
    • 7 Pages

    Common Sense Economics Book Review

    I am not an economist. I never took a class in economics as an undergrad, nor had any interest to do so. As an undergrad I thought economics should be left to the accountants and business professionals while I focused my attention on policies and politics. When I learned I had to take a graduate level course in economic policy I was for lack of a better word intimidated. My text books all arrived on the same day and my fear mounted as the books were thick with titles suggesting the depth of the material that was as foreign to me as Mandarin…

    • 1653 Words
    • 7 Pages
    Better Essays
    Read More
  • Powerful Essays

    In Praise Of Consumerism 'And The Democratization Of Luxury'
    • 1372 Words
    • 6 Pages

    In Praise Of Consumerism 'And The Democratization Of Luxury'

    Consumerism provides individuals with a temporary "high on life". Buying new things makes them feel momentarily happy, powerful and superior. These are all good feelings however they don 't last and many people who don 't have the resources to buy luxury items are buying them. This creates for them debt, stress, frustration and competitiveness. Those who can 't afford these luxury items show resentment for the ones who can. This causes tension in society and can create an Empire where people are competitive and hostile. The golden rule of Earth Community is do unto your neighbours as you would have your neighbour do unto you as you work together to create a better life for all. Consumerism is focused towards making individuals happy as opposed to everyone. Those people who can 't afford to have the nice things are forced to live with daily reminders through advertisements of things they want but cannot have. Consumerism doesn 't create a better life for all but creates one for those who can afford it. Consumers are fully aware that they are more interested in consuming appearances rather than the object. They enjoy the status that surrounds the objects they…

    • 1372 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Book Review: Common Sense Economics
    • 1146 Words
    • 5 Pages

    Book Review: Common Sense Economics

    9. Production of goods and services people value not just jobs, provide the source of high living standards…

    • 1146 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Good Essays

    Alan Durning's 'The Conundrum Of Consumption'
    • 1035 Words
    • 5 Pages

    Alan Durning's 'The Conundrum Of Consumption'

    Do you think the way we consume products effects the Earth’s survival? In “The Conundrum of Consumption”, author Alan Thein Durning believes the consumer behavior and the detrimental effects of consumption are destroying the world’s natural environment. Durning discusses that consuming goods has become the way of life. Durning exposes that our appetites to live the American Dream have taken a toll on the earth’s natural environment, and suggests that there are other paths to fulfillment. Durning suggests the earth’s sustainability depends on the reduction of consumption levels and realizing that materialistic things do not defines one’s happiness. Durning says we need to address the problem of consumption because it…

    • 1035 Words
    • 5 Pages
    Good Essays
    Read More
  • Good Essays

    Doll and Consumerism Lures
    • 1061 Words
    • 5 Pages

    Doll and Consumerism Lures

    Consumerism has to confront people in order for them to actually take action and resist it. The concept of consuming is drilled into us from a young age and as we grow older we see the detrimental effects of it on children. The attraction of consumerism lures people in to the temptation of it without realising and after we have gone too far we acknowledge that we have to resist it. Everyone is affected by texts that force them to encounter the results of consumerism and how it is instilled into us without even knowing it.…

    • 1061 Words
    • 5 Pages
    Good Essays
    Read More
  • Good Essays

    Minimum Wage Increase Essay
    • 1028 Words
    • 3 Pages

    Minimum Wage Increase Essay

    that the American economy is made up of 70 percent consumer spending. He argues that an extra…

    • 1028 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Affluenza
    • 8054 Words
    • 33 Pages

    Affluenza

    From the excellent PBS documentaries "Affluenza" and "Escape from Affluenza" to the work of and to books like "Affluenza: The All-Consuming Epidemic" and "The Overspent American:…

    • 8054 Words
    • 33 Pages
    Good Essays
    Read More

Related Topics