There is a strong movement afoot that is challenging our consumption behaviors. What was once called irrational exuberance could now be the answer to solving the budget deficit.
Social enterprises are innovative private sector solutions to public problems. What social enterprises do so well is they target our purchasing power and use it as a tool to cure social ills. For example, imagine a company that would match every pair of shoes you purchased with a pair of new shoes given to a child in need. This specific shoe company is called Toms and there are thousands more doing similar work.
The looming budget deficit cannot and will not be tackled by increasing taxes. A reduction in federal government spending is the more rational choice of the two. This is because social enterprises are actively addressing societal problems where government spending as failed to show any tangible results.
As a republican millennial, I strongly believe our party should embrace social enterprises that can crowd out wasteful government spending. The truth is that I can spend a dollar more effectively than my government. Moreover, social enterprises provide me with the best option to spend my money.
Thanks for reading my second blog post.
The Republican Millennial
One Comment Add yours
Agreed 100%. Great post.