Apologies for my last question my brother posted it. Can the economists help me??  Read on?
443768
Honestly if you are a developing country, you are probalby leery at best of Globalizaton. It offers very little protection for your local industry and very often leads all the way to a loss of gov. sovergnity. One of the features of the globalization system is that debt ridden industrialzing countries recieve short term aid packages from the IMF/World Bank. The problem is the way the packages work, countries are required to adjust the structure of their economy to recieve aid. These used to be called structural adjustment programs (SAP's) but the name has been changed as a result of many riots resulting from sap actions. Part of the problem is everything is privatized very quickly but there is little done to ensure any kind of safety net for the locals or the local businesses. What results is transnational companys swoop in, take what they can essentially, and leave with their investments which cripple a country. Likewise, countries are often told what to produce, but the influx of a certain good hurts prices, and at a competitve disadvantage to developed countries this can be a killer.\n\nTo answer the last questions.... it is not a secure financial system as many NIC (newly industrializing countries) are more debt ridden and have higher unemployment than before. Likewise, legally a country has less say over its gov. because of the debt they have incurred of high interest short term loans. \n\nAnother problem is the transnationals dont get taxed very much by the gov. (as a rule of the saps) so the privitization process can occur very rapidly at a high cost to the country. Also property rights are secure for the new investors and their companies because of sap rule, but not for the country.\n\nAs i think it shows, for developing countries, neoliberal economics (globalization) is not a very user friendly system. The spoils all go the global elite while the countries being used to create that wealth often end up in worse shape than before.
989280
Both parties will tell you that the economy is sound. Bush says inflation is under control. How can this be true? Everything that I buy is from and Atheist / Communist China. Low quality Junk. Yet it cost more than before. Gas prices are up . Groceries and efreight has gone through the roof. I don.t trust any politician or media anymore.
114075
Well that would be possible but this question is to vague to answer in reality. There is rent, employee wages, goods, insurance, etc that need to be considered. Good Luck
603504
Hi, I think this thread will help. See link..
644443
Our economic policy is Nixonomics (Keynesian policy), so you can imagine that the result will be pretty much the same.  I expect inflation (currently observed in prices for both housing and raw materials like oil and metals), and over the longer term, some weakening growth (recession). In the days of Gerald Ford, it was called stagflation.  If we elect a responsible leadership that can control spending, we might be able to turn things around and forestall that slowdown, but sadly, I just don't see that happening.  Very few politicians on either side of the aisle are talking about responsible spending these days.  (OK, maybe they're talking about it, but they're sure not DOING it.)
922398
President Bush has been dropping the unemployment rate with his new awesome minimum wage jobs. I'm with Rosanne bar. We need to create a maximum wage, I think that will create more job opportunities. Huge corporations will stop exporting jobs because the cheaper labor in other countries won't help them see more profit. They'll keep the jobs here and maybe pay decent wages. I'm talking 100 mill a year. I think that's plenty for one person.
721213
Dai TANK payya,\n\nWhat is the community going to do with the money saved? Are they going to invest ( because they might have saved it with some intension to invest it, otherwise why should they save at all) directly. Will the government (if assumed to be present) borrow the funds saved by the community. If foreign trade is incorporated into the story, decline in prices could induce exports and increase income (to producers) or atleast eliminate losses as was given in the question.\n\nWhy did Keynes not the full question( or did i not understand fully)?
369303
Do some networking in the profession to dig around.  Read professional journals, call public and private sector (corporate)economists working in the field about what issues are not adequately resolved, ask your professors and advisors.  You need to peg an emerging area of the field where there are still unanswered questions (i.e. not saturated with publications on the same topic), but with enough published material for you to cite credible sources and enough empirical data cost-effectily available for you to run your supporting econometrics -- it's a balancing act. \n\nIf you are a micro-economic specialist, I would go for the corporate staff economists.  They are always overworked and on tight budgets, so you might be able to find one with a puzzle to solve who will welcome free help in doing so, and not care about claiming academic credit.
649738
Mr. Rogers (jrogers) obviously doesn't understand economics. The US economy has very serious structural problems that the Fed nor the American people can fix easily. If they do without some kind of crash, it will be a long and financially painful process for all Americans. Some of the problems are - National debt, government debt, dependence on oil that has limited supply, negative savings rate in 2005 (first time since the Depression) = weak dollar, inflation...the list goes on. \n\nChina will have economic struggles when the US starts falling apart as the US is China's largest buyer. But in the long-term, China has a much stronger base and will still be able to maintain growth throughout US decline as their local consumer market matures. \n\nThis is something that could have been predicted 10-15 years ago. We are now in the middle of it. Wait 20-25 years and you will see the US struggling to hang onto the last vestiges of it's once great and formerly the world's largest economy. Large strong economy + military/political might = Superpower.
817718
Be willing to accept a lower standard of living. The expansion of the economy is due in large part to dumping the gold standard and instituting the Federal Reserve. \n\nGo back and look at the history that caused these changes.\n\nAs for the income tax, how would you propose paying for public goods?
817261
Earnings growth is declining, except that is, for the city bankers who are expecting bonus growth this year of 25%.\n\nThe influx of migrants from the Eastern European states is having it"s effect. They are prepared to work for a lower wage and this has a "knock on" effect. They are also prepared to sleep 3/4 to a room in cheap bed & breakfasts.\n\nInflation is at 2.5%, which is 0.5% above the target, so gordon will try to keep wage demands as low as possible.\n\nIt would be nice if, Gas - Electricity - Council Tax,etc. only increased by 2.5%, but no, these charges have gone through the roof.\n\nI read a report about a month ago, that Gas was so plentyful, that the importers were "paying" the distributors to take it off their hands. Did prices come down? Not on your life.\n\nAnyway, back to the subject, I think we should do as other countries are doing, and restrict the number of immigrant to fill only the jobs that are vacant.\n\nYou won"t get a job in America unless it can"t be filled by an American citizen. We should have a similar scheme.\n\nPut the onnus on employers to "prove" that they have tried everything possible to fill the vacancy using the indiginous population.\n\nWages going down, bills going up, more and more people getting into debt. It"s all going to explode soon.
1107462
At least you  have thought intelligently about how we middle class citizens can survive with all the burdens that hard work costs us personally!  It's a pretty innovative concept, but you are over-looking the fact that this possible solution would effect the wealthier portion of our population and really what does wealth go hand in hand with.........?.....\nPOWER, my friend...the rich would never allow such a solution!  Keep brainstorming.....perhaps a workable idea to save the debacle our government calls "retirement"...........We pay and pay and research shows that our medicare/retirement benefits (which enable us to dine on dog food) will virtually become non-existent before too long!!
190712
Another economic depression is possible.  Currently the U.S. is in several billion dollars of debt.  Most of this money was borrowed from Asian countries, (particularly China).  If our current trade agreement with China goes south, we will find ourselves with no money and massive debt.  Taxes will be raised and buisnesses will close down.  No imports from China means prices on all goods skyrocket.  Remember though, these events are highly unlikely.
698553
Get a govt grant.  When you apply let them know WHY it's a good idea or how it would work, and tell them how much you think it would cost to get it going.  Sometimes if the govt thinks it will help the economy, community, etc, they could double the amount you are requesting.  Check with me later and I'll email you the website address...
1070239
All in all, the three guys spent 10 dollars (-10) and got a dollar back (+1), making their loss 9 dollars each (-9).  \nSo in total, their loss is: 3 * -9 = -27\n\nThe lodge gained 30 dollars, and gave back five dollars. (30-5 = 25).\n\nThe bellhop gained 2 dollars (+2).\n\nSo, if everything is balanced in terms of gains and losses, -27 + 25 + 2 = 0.  Thus, there is no "other dollar", that was just a trick (the purpose of the story problem).  The wording of the problem led me to think about it in an incorrect manner, initially... which is the point!\n\n--- edit ---\nHah, I opened this screen up to answer the question, then did some office work before typing the answer, and by the time I posted, someone had already put the correct answer, which I didn't realize when I posted... hah.
657289
Wow, so you guys are at work doing these Answer things, huh?  :O  ....  Wow.....  \n\nDid I ever explain my theory on why the cost of living is so high?
279084
It sure as hell isn't the supply economics that is in place now. Just look at the deficet and debt to see any success if false success. We are at war and alot of people are out of work. Don't make any sense until you see the policys of George Bush.