Since consumers need producers and producers need consumers, you really can't argue that either one is inherently bad.
However, I would argue that our intent should be biased toward producing, since producing helps us grow. Consuming in this context has connotations of passivity, and while rest is important, too much rest will make us weak. Also, when you are consuming you can be mindless. When you are producing, you stretch your mind. Not only do you have to think about how to meet your goal, you have to think about what you are producing in context of value and other people. It's mind-expanding.
Also, it is natural for us to want to grow, so if we spend most of our time in passive consumption it will negatively affect our mood and sense of well-being in the world.