Bolg 12 (typed bolg on purpose lol)

Part 1:
     In this section we learned largely about Fiscal Policy. Inside fiscal police\y we learned about how we deal with too much expansion and too much contraction.. To deal with expansion we use the contractionary policy which increases taxes and decreases government sending; and visa-verse for contraction. We also learned about taxes. And that the government plans out a budget for the money to go towards each year.
Also learned about the "trickle down" or supply side, which is where tax cuts go to the wealthy and the producers in hopes that they will use the extra money to help out the poor, but we live in a selfish world and most of the time they will use it for themselves.

Part 2:
     It's really hard to balance out that government spending. In order to get rid of the national debt taxes on everyone and everything would go way up and we'd have to cut some many good things out of the budget including funding for the military which a lot of people are asking for more money to go towards. And the tax cuts that everyone wants would happen seldom to never.

Part 3:
     It's kind of hard to pick and choose because inflation has an effect everyone most of it is negative, struggling to pay for common household items and food. However struggling might be worth it if more of the homeless or unemployed are getting more jobs. But also unemployment doesn't take into account the homeless. There are some homeless people who do have jobs but can't afford what they need to stay in a nice home those people are counted in as employed, because they are, they just simply don't make enough to live a comfortable life. So I don't really have a set opinion on the at subject specifically but if we could find a way to help with unemployment AND homelessness then that's what I would want.

11 part 2

1) We learned all about the dufferent types of unemployment. That some are good and some are bad. The badkind us when the economy cuass layoffs and less available jobs

2)unit 3's factors directly relate the unit one's becuase things like GDP are what we use to measure the factors of unit one.
One big reason in unemployment and homeless help systems is that when people receive that they are less motivated to do the work themselves and take initiative.

blog 11 part one

I was gone all week but i will answer part three.
I have a plan, I don't like banks at all and I don't have a job. At some point I will join a credit union but credit unions and banks can get robbed. My retirement plan is to invest money in a stock that shows lots of promise on a day that they are doing bad so that when and if I gain money I can sell that stock in the future for a good amount of money. Until I have the money to invest i have this thimg called a piggybank/wallet true my house could get broken into but hey I'm a redneck and quite frankley I don't trust banks. Plus with the goal of absolutely no college debt I'll have a head start on earning good money that doesn't have to go towards paying off my debt. If my answer isn't good enough I'm sorry but that's my plan and my family knows it.

blog 10

Part 1:
So last week we went into depth with inflation. Inflation rises prices and decreases money value. COLA talks about the costs of living adjustment. And there are 3 causes to inflation; gov prints too much money, demand-pull inflation, and cost-push. We also learned about deflation.

Part 3:
One thing I undertand more is inflation and how it works. That when someone says we are in a depression I know now that we are actually in a recovery. A slow recovery.

I also learned that based on this class and personal finance that bow is a good time to invest in stocks. Since we are in a recovery even though some sticks may have ups and downs throughout, in general stocks will go up along with the economy.

I also learned why gas prices flucuate up and down. It depends on the amount if gas they have immediat access to.

blog 9 of awesomness

Part !:
      This week was short and we started an introduction into Macro-economics; which is the study of the economy as a whole not individually. We took a quick look at GDP and it's effect on the country's over-all appearance as a place to live and get jobs; another aspect that has that same effect it the unemployment rate of the total population in any given country. GDP is calculated in the FINAL good, meaning it's only calculated when any good or product is purchased for the last time. not including the sale of used cars. we also took very quick looks at, Recessions, depressions, stagflation, inflation and deflation.

Part Z:
     Our money is worth less in places like the UK but in others our money is worth more. When you travel to other countries you have to exchange your money for a kind like theirs. Its approximately 1.3 american dollars to equal one euro. Meaning that the net worth of our money is less than of one euro. This is partly because of our debt but also partly because we try to stretch out the gold value behind the money as much as possible.

Part 3:
     Other things that could determine the health of the country is the housing. If there aren't enough houses for the amount of people then there will be more poverty and even if they are employed they may still be homeless. Also the amount of available crops that are healthy because if fast food is the only source of food for some people then the people themselves will be rather unhealthy and i would not want to live there. Plus debt and the surroundings. If they have earthquakes and hurricanes and constantly have to rebuild things i would not want to live there either.