Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Thursday, December 5, 2013

$15 per hour is Too High

There are four problems with raising minimum wage to 15 dollars an hour.  One problem is that cost of living is going to skyrocket because businesses are going to have to up the prices in order to compensate for paying people more money.  Two, unemployment is going to be higher because businesses are going to have to cut people to pay more money for those that are left behind.  Three, taxes are going to have to go up in order to pay for the those that are on welfare, hud housing, food stamps, and other forms of assistance.  Four, ultimately we will enter a Great Depression because stocks are going to drop, prices are going to be expensive, and a lot of homeless on the streets. Many people think about only immediate benefits and not the long term consequences.  It seems like our Congress for once knows that raising minimum wage is going to hurt the economy.  However, the problem is the people and the lack of education they have on the whole situation.

There is one benefit, immediate happiness. Then it goes downhill after that, if Congress were to pass it then they will be the stupidest people on earth.  

I think that in our education system we should basic economics be taught to children in high school.  Maybe that will help save this country.  


 

Saturday, September 8, 2012

Election 2012 and Post -Election

So I just realized that I have not posted on this blog since June.  I have been a bit preoccupied with work, school, and Iran.  

This photo combo shows President Obama in Chapel Hill, N.C. on April 24, and Republican presidential candidate, former Massachusetts Gov. Mitt Romney on April 18, in Charlotte, N.C.
AP
I have decided that I am going to blog about this lovely thing called the Election of 2012.  Contenders Romney vs. Obama.  This election is extremely crucial because we will get an idea of how Americans feel about dear President Obama.  Also we will see how Romney is going to do in the election as well.  I think that both of the candidates have a lot of schmoozing to do to the American public.  They have to do a lot of schmoozing because the American people are upset and they are sick of the way things are going with the country (I talk as if I am an outsider).  I know that I am one unhappy American to some degree and I will let you know why in a minute.  Romney has to be able to persuade women, minorities, and to some degree religious minorities to vote for him.  Obama really just needs to let the people know that he is going to fulfill his promises if he is elected.  

A part of me is pessimistic and believes that Obama will win, maybe not easily.  So you now see my bias and that is okay.  All I got to say that if Obama wins I hope that he will cooperate a little more with the opposing party and they do the same.  Romney, now if he gets elected I believe that he will have the ability to work with the Democrats.  I say this because people forget that he is a bit more liberal the most Republicans.  For instance, the healthcare bill that got passed for the nation actually used ideas from the one that he help make in Massachusetts.  He worked with the Democrats in his state and I believe that he could do it if he were to win.


Okay so now onto the other part of this post, Post-election.

So there are key issues that Obama or Romney are going to have to deal with. 
Lovely Iran

  This is important because Iran is getting pretty brave with this whole mining the strait and what not.  If they do mine the strait (which is international waters) that is considered an act of war, no matter what reason they do it for.  That means that the UN is going to have to do something about it or a coalition of countries are going to need to do something about it. 

  

Lovely Israel 

Now Israel, I think that they are going to attack Iran, but I still hope negotiations will work.  However, the thought of Iran with nukes or nuclear power is still risky.

The Economy

Yes that issue does still exist and it will for awhile.  The economy needs to pick up.  I am down for bringing jobs back to America, but remember things will be a bit more pricier because the objects are made in America.  So you better buy them or the jobs will go back to another country where there is cheap labor.

Issue of Polarization between the Conservatives an the Liberals


This is a big one because are wonderful Congress and the President need to work together.  Both sides need to understand that you are not going to get all that you want and the opposition is not going to let you get everything you want.  Think about life, you will never get everything you want, that is reality.  However, it is not just their fault for the lack of compromise.  It is the American public because they are divided so Congress is divided.  The American public needs to also learn that they are not going to get everything they want, a reality that needs to be recognized.  Politicians in Congress are so worried about getting re-elected that they do not want to compromise on the big issues and this is hurting America. Stop making politics a career, if you do not get re-elected then at least you will remember that you did your job and your constituents will see that the decision was a good or bad one in the future.

Compromise and a better economy is going to be key to sustaining this country.  Our dear Founding Fathers knew that factions were going to be a problem and it is a very big problem now.

I had a little fun with pics, there are a lot of battles. 
 

Friday, October 21, 2011

Occupy Wallstreet Post Again


I know that I have posted a lot on this subject and if you read the previous it will say a lot of things I said before, but there are some new ideas that I have learned over the days. I guess I keep writing because it is my way of making my voice to be heard or at least seem to be heard. I am currently jobless and I do not blame corporations for the problems that I have. I blame government fro some problems, but not anything directly related to me.

So I listen to all the news that is going on about Occupying Wall Street, also comments from my professor, and my fellow students and there is one common theme. The common theme is that most people that are protesting do not even know why they are doing it Another theme is that they just want to be part of a part of a movement. I thought that it was a good thing that my professor pointed out and I have been saying this is my other posts is that you are protesting the very corporation that gives you a job. The very corporation that supplies the cell phone that you use and the service that you use to make that phone work. One of my classmates pointed out is that he sees these people protesting, but they are sending text messages on their Iphones. Does that make any sense? He used that as reasoning, that there is a lot of misplaced anger.

Now according to the news, is that one third of the protestors want socialism. Do you think socialism is the answer and do you think it is compatible to the American Constitution? First of all Socialism is not the answer because in the future it will have long term effects that we are not going to be able to handle in the future. Secondly, the federal government would undermine the states rights. Thirdly, we would have to give up some rights to make Socialism possible. One of those rights would be the pursuit of happiness because the government would limit our choices in some areas of our lives. I know this because when I was looking for colleges in Europe I noticed that you have to take an English proficiency exam. This effectively eliminates those that have not learned English and already decides how far they can pursue their education in that country.

Us, Americans, tend not to be too fond of people that think they can decide our futures for us. So socialism will not work for us because we have way different mindsets. The other question that I had, is do you think it will be compatible with our Constitution? AND that is a big fat NO because are Constitution was not developed to ensure that everyone has the same outcomes in life or equality financially. Instead, are Constitution provides us with the ability to have the same starting point and more than ever that is true today. I say this because we did not use to have grants be given out to people to go to college or student loans to help college students pay for college. We are more than ever given the opportunity to go above and beyond expectations. I also think that people forget that education is a privilege here in America. You have to be able to want to be educated. That leads me to my next point.

Another lovely thing that protestors want is that education should be guaranteed through college. However, that should not happen because of the problems in secondary education. First, there is already enough people that take advantage of the public education system. People ditch school, get poor grades, or drop out. Why should a professor be obligated to teach some of those people that do not want to learn. Granted, there are still those that fail classes in college these days because they do not want to learn. Instead, they want to waste tax payers dollars to sit in class and fail. Secondly, if there was an increase in supply for workers , but not enough jobs, what would happen? There would not be enough jobs in the specialized areas, half of the people would still end up working at McDonald's for the rest of their lives. Finally, the incentive to earn great grades would go down. The smart students might not feel like being the best to succeed at school. They would lose incentives.

I think the Occupy Wall Street is full of people that want to blame others for their problems. It is not a movement because the people are not united and there is simply not a majority of people. They feel like a majority, but they are not. I think that there are other people to blame for the problems that we are having and one of them is the Federal Government. They have not been doing their job to get things done. Obama and Congress barely started to focus on the job issue because he is facing reelection and he wants to win. Even Republicans have an upward battle to face because these days we do not know where the majority is going to shift their support to.

I believe that the people that do run the corporations do deserve their pay because they work hard to get their and to stay in that position. People wonder why they get bonuses and sometimes they get it because they met a goal that they had to meet. If all those people that were protesting corporations were in their shoes they would not being doing it because they have money. You earn what you work. How much you get paid depends on the skill level that you have in that area or if it requires no skills at all. Not everyone can run a business or develop computer chips.


Tuesday, September 6, 2011

Collective Bargaining

So I get that unions want collective bargaining and President Obama. However, I do not think that unions should hold all of the powers.  Unions should not be trying to run businesses.  First, it is not their business, it is the owners.  Secondly, the owners need to have a say in how much someone should be paid.  Thirdly, unions need to realize where they stand in the situation.  Unions think they are entitled to complete control over the wages of workers and the benefits they receive. However, they do not need complete control because it can hurt the business.  What if the corporations need to make a slight cut in pay in order to keep the business? What if they need to lay off workers or hike the prices because they are not allowed to subtract some of the workers pay? Employers need to have options on what they can do to keep their business alive.

Sometimes they need to cut pay and keep prices low.  So that people will stay employed and people keep buying.  That is a great solution. However, unions won't have that kind of talk because they are too busy with their own self-interests instead of looking at the bigger picture.  No wonder why there are no jobs here in America.  Unions do not want to negotiate a slight wage cut instead they rather have people laid off and have higher prices.

Probably the real problem in America is some of the unions. They are the ones that would rather see people laid off than a slight decrease in pay.  I understand that a few cents could hurt someone. However, would you rather see yourself laid off or a few cents cut off? 

Wednesday, August 3, 2011

I feel like America is on a repeat pattern minus the Cold War

I was very much attempted to put a picture of Jimmy Carter and Obama right next to each other. The reason why is because they are carrying the very same policies in regards to taxes, rich, and the oil companies.

They are similar in taxes because Jimmy Carter had the taxes increased on the rich and than inflation happened. Obama wants to do a nice big increase on the wealthiest in America and cover up loop holes to make them equal to paying the taxes. However, they do pay plenty in taxes and if he wants to see the economy get out of the crap whole than he is going to have to do a small increase. However, does Obama know how much us the middle-class get in tax loopholes to and many get their money back after taxes have been filed.

If he wants to increase the taxes than he needs to do it gradually. Otherwise, inflation goes up and that really affects the middle-class. The middle-class helps run the economy because they are the ones that spend and work. The middle-class are the main consumers and if you have increase inflation than the consumers stop spending. Now we do not want that to happen.

Obama wants to deal with the oil companies and be a little ruthless towards them. However, if you are going to increase how much they need to pay than they are going to cut jobs and increase the price on gas. In which we do know that the wealthiest and high middle class are the ones that can afford electric power cars and not the poor. Once again the consumers (middle-class) is going to be affected.

By the way the people that are going to be most affected by the increase in taxes and dealing with the oil companies is the poor. If you increase taxes than the poor get affected by either cut hours, loss of jobs, or increase in prices.

I think that the best option for the United States is to deal with the problem of medicare and social security. In which they cut into the budge more than the military. Social Security and Medicare take up 2/3 of the budget. Want to know why that happened? It happened after the government first enacted the reforms of Franklin D. Roosevelt, they began to take the money collected and use it on other government issues. So really they need to deal with that, it is the reason why the United States has such a big debt.

Gradual increase in taxes on the rich will help with the situation too. Increase taxes and than get to a maximum point and than gradually decrease the taxes than do it all over, which is Euler curve.