The American Economy and the Greedy People
The federal government has now bailed out three major US financial institutions: Freddie Mac, Fannie Mae, and the American International Group. Some folks disagree with this decision. You hear people shout, “No More Big Government.”
The people who support the popular catch phrase, “Big Government,” believe that the free market can fix itself. Free market die-hards, like libertarians – Ron Paul’s Revolutionaries - believe that human beings are rational enough to fix the mortgage crisis and inflation (the rise of food and gas). Libertarians believe that a person’s financial interests will always supercede a person’s emotional desires, like greed.
Can the American Economy Recover?
While John McCain and Barack Obama hone in on their battle for the American presidency, both candidates’ economic plan becomes more similar or bipolar – depending who they’re speaking to and if they’re in Ohio or California. The sad part is that the majority of American voters don’t believe either candidate has what it takes to heal the American economy, according to a new national poll posted today in the Washington Post.
So what’s the problem? Have American voters lost read more
Isolation Bad, Globalization Good
I don’t think isolationism should influence American foreign policy and here’s why:
The rise of isolationist foreign policies is in response to globalization. And Why?
When our American economy competes globally, so does our individual income. In result, how much we make per hour or each year competes with the standard amount of money people make in various countries.
So, if we can agree our cost of living is higher than developing countries, than we can also agree the amount of money we make is also higher.
Therefore, if we compete within global markets, our individual wages and economic standards of living will decline.
So, is this a good read more
Polls
Loading ...Categories
Authors
