In what ways does it effect you and your family? What would you change about the economy if you could?
2006-11-01 14:26:50 · 6 answers · asked by Anonymous in Social Science ➔ Economics
You pays your money and you takes your chances.
2006-11-01 14:33:25 · answer #1 · answered by DrB 7 · 0⤊ 0⤋
First forget the witchdoctor answer ... obviously an idiot !
It makes the rich richer and the poor poorer ... this is perfectly natural in nature where the lion rules the jungle ... but we are sentient beings and we can recognize fairness and the benefits of all people being productive, happy, free and free from worries about money and hunger !
All economic policies of our country should be aimed towards increasing the size of the middle class and reducing the size of the upper and lower class.
Unfortunately our current government doesn't understand this economic law ... tax breaks for the rich and for huge corporations is going in the opposite direction.
The super rich have allot of power, duh, but they should accept the burden of wealth ( some do ) and we should tax a large amount of their income, and not tax the poor at all.
Much lower inflation will result and prosperity for all will set in .
Increase the size of the middle class and let all live comfortably.
Not just in the U.S. but all around the world ... and there will be many fewer wars.
We are all children of God ... do unto them as you would have done unto to you !
Yours truly;
Jonnie
PS If this is for homework good ... just tell your teacher that you researched the Internet, and this is the good stuff you found.
2006-11-01 15:20:15 · answer #2 · answered by Jonnie 4 · 0⤊ 1⤋
well if the economy is low then the companies are gonna lay off people and you cant find a job because companies are not hiring because they dont want to spend more money on you. When the economy is low then the more taxes on companies since there is no money going in from any where so they have to get it from companies.
2006-11-01 14:36:10 · answer #3 · answered by franckoboy 3 · 0⤊ 0⤋
ok money make the world go round, if the price of gas goes up ,we slow down right .if the price of food goes up we eat less., im of the opion that here in the usa,we could make much more things to sell to other countrys, but we dont we inport,which put the price of our good higher,which in fact pushs up the gas prices,and we slow down lol kinda odd we dont product more right here ,and keep at least our prices lower ......
2006-11-01 14:33:06 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Hmmm. In what ways does it affect me and my family? Lots. What would I change? I WANT MO MONEY!!!!!!!!!!!!!!!!
2006-11-01 14:28:36 · answer #5 · answered by afreeman20035252 5 · 0⤊ 0⤋
I am living good. I invested well.
2006-11-01 14:28:35 · answer #6 · answered by Anonymous · 0⤊ 0⤋