Wednesday, February 29, 2012
Tuesday, February 28, 2012
If you think about the current job market, it is a really scary place. The market is highly competitive for a variety of reasons. People have to get higher education (aka College) to have a shot at getting a decent job. However, there are two major flaws to Obama's educational aspirations. Where does all of this money come from and why would a burger flipper at McDonald's need an expensive college education?
In my humble opinion, college has, and will continue to be a place for people that are aspiring to do great things. As the job market insists on having the best workers, college can continue to increase their premiums because it has become a necessity instead of a luxury. If colleges increase their tuitions, then how is the average Joe going to afford it? The only way college students from low income backgrounds can afford college is through governmental assistance programs, which are a luxury of living in a capitalistic society. However, government assistance can only go so far before it becomes overbearing and ridiculous. Where does that 'line in the sand' lie? Who knows? One thing is for sure; if Obama believes education will solve all problems, he will have a long list of donations from the federal government to make, a list that will never cease to expand the current debt of the US economy.
Monday, February 27, 2012
Friday, February 24, 2012
Thursday, February 23, 2012
This article talks about the annoyances of going to a necessary government office - the DMV. People may think that the government may be unnecessary because the free market renders it so, but most probably because of the inconvenient experiences one has to deal with. The United States is a mixed economy system. Government intervention is included for a reason. The government helps regulate helps the weak that can not produce, and has some other benefits. However, can’t these government interventions be made pleasant for people? Rather than merely doing something that has to be done, workers at a DMV should be more welcoming to people. The government needs to interfere, that is understood. But shouldn’t these interferences be made the most beneficial for people? Government intervention helps the country as a whole, but can help people individually on a daily basis, as well.
Wednesday, February 22, 2012
Tuesday, February 21, 2012
Another interesting factor is the fact that the housing market has declined in the past years. We are currently on the cusp of a rise in real estate, but not yet. Many retirees, who planned to sell their house for a profit, now have to sit on the piece of property to wait for the home to turn profitable again. This puts the housing market in a bad place as well. Without considering the consequences, I thought retiring was just a typical practice. Now, it has become more of a luxury. In harsh economic times, it is easy to overlook the elderly people because of technological innovation and new sciences; however, we need to put our brains together to find out how to solve the retirement issue. Is it a problem for the federal government to address, or is it more a change in attitude? Only time and more paychecks will tell.
Monday, February 20, 2012
Friday, February 17, 2012
Places like New York have the highest living costs. One reason, of course, is scarcity. The demand for living space in this area is so high because of the nice views and other benefits there are. How to increase the amount of living space in the city? This article talks about combining bridges, or highways, and incorporating other aspects to them so that they can be used for more than one thing. This also relates to maximum efficiency in a way, because something is being used to the best of its ability. Why just use a bridge or highway to merely go from one place to another? What if, in New York, more apartments were built underneath bridges? Architects nowadays can design masterful plans to make this idea feasible. Those that lived in them would still get a great view and those types of benefits. Adding these would increase the amount of living space, helping the fact that good places are scarce. It also uses the bridge or highway to its full potential, as a bridge or highway can do more than just get people from place to place. It does not only have to stop at adding apartments, things like shops and restaurants can be added as well. A mere highway could suddenly turn into a large metropolis area and reap other economic benefits as well.
Thursday, February 16, 2012
Wednesday, February 15, 2012
Tuesday, February 14, 2012
After the stock market crash in 2008, home buying has decreased significantly. People stopped buying and started renovating. However, over the past year, homeowners are becoming a little less cautious and are starting to invest in the housing market again, but at what cost? People have started a trend to buy smaller, cheaper houses that are more energy efficient. Average housing sizes have decreased, but the amenities have increased. People are expecting new homes with great insulation, energy efficient appliances, and new windows. While everyone's next though would be solar panels, the technology is still too expensive for consumers to demand and the companies to supply. Basically, builders are supplying the needs of their homebuyers by giving amenities without a significant price increase. How will this affect the expectations of homeowners?
In my opinion, smaller, efficient housing is most likely the best thing for our planet. Older homes are hurting the environment more than they are helping and homeowners are starting to realize this. The housing market is rebounding quickly. Who knows what's next? The main concern with the new housing market is the higher expectations for a cheaper price. Builders are losing their profit margins with more cautious buyers. Hopefully, the building industry will continue their environmentally friendly trend into the future, but at what cost?
Monday, February 13, 2012
Friday, February 10, 2012
Thursday, February 9, 2012
Wednesday, February 8, 2012
Tuesday, February 7, 2012
If this classification process was instituted, the cost in millions of jobs, millions of donation dollars, and medical dichotomy would fully change the economy. Alzheimer's currently affects almost 3 million people in the United States. A significant change in insurance policies and medical care for that many people would have drastic effects on the economy. People would buy into the fallacy that MCI and Alzheimer's are actually two separate diseases, whereas in reality, they are actually just different stages of memory loss. In my opinion, until more research is done, no change to Alzheimer's patients should be publicized because the American public is known for buying into lies and without realizing it, changing the way they live to substantiate these lies.
Monday, February 6, 2012
Friday, February 3, 2012
We can look at the economic impact of BMW through this incident. A sponsorship deal for the driver was said to end four months sooner days after the incident. Also, people got angry and said they would never buy a BMW or sell their Minis.
The popularity of BMW went down, due to this incident. Popularity is a big indicator of demand, and it is interesting to see that popularity could suddenly swing to much lower than it previously was due to one event that isn’t related to the product whatsoever. Sometimes the most unexpected things can hugely affect the demand of a product.