One Day Without Spending Money
Did you spend money July 7, 2020? I didn’t. This past Tuesday was what’s known as a Blackout day. A Blackout, according to CBS author Khristopher J. Brooks, is a day that Black Americans are asked not to spend any money.
The reason for this Blackout day was to help build support for the Black Lives Matter movement and justice for those like George Floyd and Breonna Taylor. It is said that Black Americans account for about 1.2 trillion dollars annually in the American economy. That means, if all Black Americans and other allies don’t spend any money for an entire day, it can help push the government to make the changes so many Americans are currently asking for.
Here at LIM, we spend a lot of time talking about consumer buying power. Consumers are what keeps companies running, without them their would be no demand for products. From what i’ve learned here at school I know that growing one whole day without purchasing can have a great negative effect on the economy.
That meant, no buying the coffee you normally get every morning, eating the food you already had at home, no online shopping, and possibly having to avoid tolls for ONE day. When you think about it, it shouldn’t be that hard to go ONE day without spending money; if you ask me, that’s the bare minimum someone could do. While leading up to the Blackout date, there were many popular celebrities and important figures who promoted the “boycott”. Among those were famous singer Rihanna, Cardi B, and basketball player Tristan Thompson. With celebrity support, I can only hope enough people heard and participated in the one-day spending stoppage.