The Nations Economics 101

This course is one that has not been taken by our current crop of politicians. There are simple premises covered in the course that have not been recently considered.

Political Sector

Lesson 1- National debt must have a means of being repaid. Increasing the debt by a trillion dollars in one year is really not “a good thing”

Lesson 2- Passing programs that will add another trillion in debt in year two might qualify the proponents to commitment in a facility designed for dealing with lunacy.

The course has a concurrent Wall Street component.

Wall Street Sector

Lesson 1
Driving for greater and greater profits sends jobs off shore to countries that don’t pay their labor well is not too smart. The elimination of jobs in the U.S. will ultimately dry up the consumer marketplace which is needed to buy the products made offshore.

Lesson 2
Global markets and programs such as NAFTA damage America. Barriers to trade which hurts America and our labor force need to be erected ( tariffs can be an answer)

Lesson 3
Companies that increase profits by using offshore labor should be taxed additionally on those offshore profits to encourage bringing jobs back to America.

Government Sector

Lesson 1
Elect a government that has a few leaders with some economic sense and a determination to restore America before we absolutely tank.

These are the subjects covered in the semester ending in November 2010

Unless there is a significant enrollment in this course there may be no second semester