Tuesday, September 8, 2009

a deficit of attention

It's after the American Labor Day celebrations, which since we're American we do things OUR way. I think everyone else in the world celebrates it as may day on the 1st of May (go figure, right). It's a good we don't do that. I believe if we did, we could compromise what little capitalist tendencies we have left: there goes the rest of our property rights.

Anyways, that's not what I was going to talk about.

This morning was an intense day in economics. We were discussing, and by we I mean the professor, trade deficits and the effects it has on the economy. He mostly mentions how the trade deficit has existed since the seventies, about the same time the gold standard was eradicated, coincidence, I think not! But the deficit is met with an equal amount of international investment. So if we happen to have a 720 billion dollar trade deficit, then to anchor the deficit we would likewise have about 720 billion dollars of outside capital investment into the US. At least this my take on it, Thorsten Polleit said it better. I would suggest reading it in defense of a neo-nationalist who thinks we should retain jobs and capital in America because its the American thing to do. And the answer to all the problems is to fix the trade deficit.

In conclusion of my story, the teacher was not met with any kind of comment. Just goes to show how he should have mentioned there was a severe deficit of attention, which should have been solved.

Of course, right now, the trade deficit is not a hot topic, but in the resurgence of the issue, I would just like people to ready and armed.

Any more arguments for or against the trade deficit are welcome to comment.


Tuesday, September 1, 2009

"When I'm Sixty-Four"

"You'll be be older too."

As time, unavoidably, progresses, everyone seems to lock on to an idea that is a must-have, a real spitting shoe-shine of an idea everyone can't live without. Well, no doubt there is a few good ideas out there just waiting to be snagged. Unfortunately, many people like to take regurgitated ideas, wrap them in a pretty bow, and expedite them so the person who receives it FEELS all sweet and important. Socialism, communism, environmentalism, or mere sociology are examples of ideas that seem to have been morphed into semi-legitimate theories or to the latter example, social science.

My job in trying to relate this to a Beatles song is that by the time these ideas are negligible and used as an attempt by a devil's advocate to either be a smart-ass, or his attempt to foster some thought to strengthen the resolve of the opposing arguments, I am going to be well over the ripe age of sixty-four – or maybe not.

The most dynamic field of study responsible for the real change, which will lead to the break-down of anti-life ideas is economics. Now I know what you might be thinking. I may be biased, but it's a god-given fact (can't really argue with that). And when I mention god, I mean it in a poetic way. At least, as poetic an aspiring economist can be. I don't think I can exaggerate enough when I say I am a self-proclaimed know-it-all. So I want to impart what little I know to maybe spark some interest in such an important area of life.

When you're older I want you to be free, and I really mean that. Or at least I think I want you free to the extent that you are not a serial rapist or dutch.