Economists tell us that 70% of our economy is based upon consumer spending. With the unemployment rate hovering at 10%, that puts our economy in a pretty stressful condition.
There is a paradigm shift happening that we believe will transform our economy from being based upon spending to an economy based upon conservation. The facts follow:
The “baby boomers” who have shaped our economy for over 50 years, are now turning 60 years old at the rate of 8,000 people per day. These boomers are entering what we call the “conservation stage” of their lives. They just won’t be buying lots of stuff any longer.
They are looking at ways to become sustainable going forward in key areas such as the cost of energy by implementing renewable energy technologies like solar panels and wind turbines.
The subsequent generations are inheriting levels of debt and deficits that are forcing them to be sustainable, in every element of their lives from the places in which they live to the products and services they require.
We have the beginning of the major segments of our population looking at every avenue to conserve and become more sustainable. The beauty of this movement is in the reduction of the waste of our resources, our capital and our lifestyles. This sustainable movement is what will revitalize our economy and bring back jobs that will enable all of us to base our economy, not on spending but conserving. The by-products of this movement will be a cleaner environment and a more healthy population. A win-win for us all.