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

A legislative preview — and celebration

Linda Baker
Friday, January 23, 2015
012315-speaker-thumbBY LINDA BAKER | OB EDITOR

The Northwest Environmental Business Council previews the 2015 legislative agenda as Hatch Oregon celebrates Oregon's new community crowdfunding rules.


Read more...

Will Medford Ever Be Cool?

February 2015
Friday, January 23, 2015
BY DAN COOK | PHOTOS BY JASON E. KAPLAN

A real-estate developer and a Lithia Motors executive aim to revamp the city's forlorn downtown.


Read more...

Ski traffic

Linda Baker
Tuesday, January 20, 2015
0121-skiway-thumbBY LINDA BAKER | OB EDITOR

A place-based multimodal transportation plan for Mt. Hood is long overdue.


Read more...

Transportation Fairness Alliance holds demonstration in Pioneer Square

The Latest
Wednesday, January 14, 2015
IMG 3367BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Portland's cab companies urged city hall for consideration as officials weigh new rules for Uber and other ridesharing companies.


Read more...

Playoffs pay off for the Ducks

The Latest
Friday, January 02, 2015
oregon-ducks-logo-helmet-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The University of Oregon football team looked unstoppable on the field Jan. 1 — and the university is reaping the benefits of the new postseason format.


Read more...

Party Like It’s 1999

Contributed Blogs
Wednesday, February 25, 2015
pets-com-sock-puppetBY JASON NORRIS, CFA | OB GUEST BLOGGER

Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.


Read more...

The week journalism died

Linda Baker
Sunday, February 15, 2015
deadjournalismthumbBY LINDA BAKER | OB EDITOR

As the investigation against the governor moves forward, those of us in the news business should reflect on our own potential for subverting the democratic process.


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