Production. The focus on consumption is nonsense. Nothing can be consumed until someone produces it whether it’s digging roots, hunting or building a rocket.
Consumption based societies collapse quickly as people simply starve or freeze to death. You’ll find this article and the comments interesting:
http://www.freerepublic.com/focus/bloggers/2120669/posts
I agree. There is no doubt that the Kenyon’s Keynesian approach - focusing merely on consumption - is bunk. And the left is determined that they do nothing to benefit the producers in any way.
Obviously from a businesses perspective you can not merely produce - without knowing that you have a willing and able market in which to sell. From an economic policies perspective, it should be obvious that the best remedy for our sluggish economy is to simply remove the fiscal & regulatory dis-incentives to businesses and entrepreneurs; but of course the left will have none of that...