Buying local is sustainable

| Print |  Email
Thursday, March 01, 2007

Sustainability can and does describe economic and business values as well [CASHING IN ON GREEN, JANUARY].

Even though much of the media report how great the Oregon economy is, the truth, according to government statistics, is that Oregon’s unemployment is still in the 10 highest of the 50 states. Also, the statistics show that wages are only increasing for the top one-fifth of Oregonians.

Combine that with the declining buying power of the dollar and the lower four-fifths have lost money. In addition, when there is inflation (which is primarily an increase in oil and property values), it is small business that absorbs that cost. The point of all this is that if the middle class is the growth engine of free-market economy and it is shrinking, the economy will suffer. Effective sustainability in business must include the growth of disposable income for the middle class.

Our local government provides nothing more than lip service, if that, to this concern. Buying local is only one solution to the declining middle class. A balance between local and non-local commerce is an important goal for a sustainable economy. Without economic sustainability, environmental sustainability is more of a nuisance than an attainable goal.

John Amundsen
Southwest Office Supply and Interiors
Portland

ave an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Which Way to Chinatown?

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN

The Jade International District, already Portland's center of Asian life, is poised for rejuvenation. Where does that leave the westside's historic Chinatown?


Read more...

The 100 Best Companies to Work For in Oregon

March 2015
Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR

Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees. 


Read more...

Finding a Balance

Contributed Blogs
Thursday, January 29, 2015
012915-passinvst-thumbBY JASON NORRIS | OB GUEST BLOGGER

Active vs. passive investing: what you need to know.


Read more...

Convention Wisdom

February 2015
Monday, January 26, 2015
BY KIM MOORE

After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.


Read more...

Money Talks

March 2015
Saturday, February 21, 2015
BY LINDA BAKER | OB EDITOR

Will community banks survive the digital age? Three CEOs peer into banking's crystal ball.


Read more...

Where do Portland demographics rank among the largest 50 cities in the US?

The Latest
Tuesday, February 10, 2015
thumbpdxinperspectiveBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The Portland in Perspective study, done by the City Budget Office, was released Tuesday.


Read more...

That's Not a Watch (This Is a Watch)

February 2015
Tuesday, January 27, 2015

Smartwatches are all the rage. But old-fashioned timepieces keep on ticking.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS