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anonymous

Price Controls: Obama's Higher-Education Agenda, Part 2 of 8 - 0 views

chronicle.com/...31689

price control universities obama

shared by anonymous on 16 Nov 12 - No Cached
  • anonymous on 16 Nov 12
     
    Obama has mentioned that he will set a price control on the college education. With the increased price of universities and colleges, students are finding it increasingly more difficult to attend college. Therefore Obama has set out to confront this problem. He proposed to make permanent the American Opportunity tax credit. Colleges have to either lower their tuition rate or accept the fact that with higher tuition rates they will have lower funding from the governments.
Adil R

Obama Needs to Learn "Opportunity Cost" - 1 views

www.thenewamerican.com/...eeds-to-learn-opportunity-cost

opportunity cost

shared by Adil R on 18 Sep 12 - No Cached
    • Adil R
      Adil R on 18 Sep 12
       
      This article asses Obama's stimulus plan. It talks off how congress passed the ARRA stimulus package which injected $787billion into the government sector. Obama stated that this package wouldnt allow the unemployment rate to pass 8% however it reached 10%. Obama said that the depth of the recession couldnt be foreseen however there were many people who predicted it.
  • that unemployment with his bailout would likely reach 10 percent.
  • he also doesn’t understand basic economic concepts such as “opportunity cost.
  • ...38 more annotations...
  • experts promised that unemployment rates wouldn’t pass eight percent
  • creates money out of thin air via the Federal Reserve
  • as the cost paid when something is given up to get something else.
  • The federal government can’t spend money on “stimulus” projects without siphoning the money out of the economy as a whole
  • resulting inflation of the money supply dimishes the purchasing power
    • Adil R
      Adil R on 18 Sep 12
       
      The article then goes on by stating Obama does not know the concept of opportunity cost. $787billion was taken out of the federal reserve to pay for federal programs resulting into the weakening of the current dollar value and inflation. This had an impact on everyone, nearly $7000 per household. Government jobs do not make a salary and therefore do not stimulate the economy. This can also lead to an increase in taxes whilst still barely benefiting the community. Opportunity cost kicks in here as the obama administration thought that this was the next big thing as apposed to injecting it to private sector. The article too talks about how private businesses contribute to the economy even if the company is failing as it still receives services and eventually the more efficient company will take over. Moreover they can make profits and they can better the economy by hiring or purchasing consumer goods.
  • taxpayers would likely spend or invest nearly all of that money taken from them
  • dollars with more valu
  • nvest more in their company, or pay higher dividends to investors
  • save the money and invest it in business growth
  • more consumer goods
  • $7,000 per household
  • defined
  • teachers, police officers,
  • irefighters on state
  • payrolls doesn’t stimulate the national economy
  • hurts
  • Government jobs
  • do not make a profit
  • Governments
  • hire employees and build overpriced buildings and roads
  • money is gone.
  • putting more funds into the hands of government is not efficient
  • reinvest those profits in the manufacture of new goods, jobs, and more efficient factories.
  • businesses employ people for a profit
  • replaced with more efficient businesses
  • allowed
  • to fail
  • government entities subsidize inefficient private corporations
  • allowed to fail
  • hey should
  • free market inefficient businesses
  • inefficient governments
  • never happens
  • government jobs require constant transfusions of taxes
  • static number of people employed
  • private sector is the only area of the economy that can lead to self-sustaining job growth and economic recovery
  • He should know that opportunity costs under ARRA demonstrate that the “stimulus” bill tipped the unemployment figures higher and worsened the economic recession.
Xinmian H

What Obama's re-election means for health care - CNN.com - 1 views

edition.cnn.com/...index.html

public good

shared by Xinmian H on 05 Dec 12 - No Cached
  • Mitt Romney presidency could mean the end of the most significant piece of social legislation in half a century.
  • the Affordable Care Act, passed in 2010, won't be fully in place until 2014,
  • and the wheels of reform have begun to turn.
  • Xinmian H on 05 Dec 12
     
    This article is talking about how the result of the presidential election effect the health care. Mitt Romney will probably end the health care whereas Obama will absolutely keep it. Health care is a public good, it has positive externality and should be encouraged. However, the cost of providing health care is very high. According to the article, 'Affordable Care Act won't be fully in place until 2014'. Two candidates has different solutions. Obama choose to keep it, and Romney choose to end it due to the high cost. From this article we can see the limitation of government intervention of economy, and how different parties and people have different opinions.
Paul J

Obama announces Pentagon budget cuts - 0 views

content.usatoday.com/...1

public goods budget cuts control government intervention

shared by Paul J on 28 Nov 12 - No Cached
  • Paul J on 28 Nov 12
     
    This article is a great example of government intervention into the market of public goods. This article details the rather controversial plan of President Obama to cut $487 billion dollars over the next decade, with the possibility of an additional $500 billion dollars of cuts if Congress agrees, which will most likely never happen.
Elnara H

Obama's concern about Chinese products. - 0 views

money.cnn.com/...index.html

Obama China Amerika trade export import.

shared by Elnara H on 17 Sep 12 - No Cached
  • Elnara H on 17 Sep 12
     
    American president, Barak Obama enforces trade laws to maintain their countries products and services . This news seems like there's going to be big conflict in between two countries, United States and China.
Elnara H

US unemployment - 0 views

www.usnews.com/...unemployment

US changes in unemployment rate

shared by Elnara H on 14 Apr 13 - No Cached
  • Elnara H on 14 Apr 13
     
    This article talks about the unemployment rate in US, the changes which happened since the time when the George W. Bush and Barack Obama were the leaders of the country till today. The unemployment level was extremely increasing from 2008 till 2010 and in the article you'll find what type of restrictions were taken to bring everything to an optimal level.
anonymous

Grain and thunder - 0 views

www.economist.com/...last-minute-problems-grain-and

trade promotion

shared by anonymous on 21 Feb 14 - No Cached
  • anonymous on 21 Feb 14
     
    This article is just talking about an event in late 2013 about obama who was hoping that the "trade-promotion authority" agreement would be passed by congress giving confidence to some of the producers.
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