Hello Hayden and SCCS (Santa Cruz Cooperative School). SCCS location Hayden HS Here are the locations of the school so you have an idea of where each other are from. Mr. Pieraccini and myself thought it might be a good idea to do current events and topics between our two schools across continents and have you share your opinions. Some weeks my students will post there opinions first and other weeks the Hayden students will post first. You will be posting your comments into the comments section. Linked to the site will be the articles or videos or whatever we are working on.
Our first current event and topic is on Government Intervention. Markets are subject to intervention for various reasons by governments from around the world. Sometimes governments will tax goods they deem unhealthy, think cigarettes. Other times they will tax good from other countries before they even get to the consumer, think cars. Sometimes governments will even try and "correct" or "Fix" the market when they think it needs some help. There are many other ways government intervenes into markets. Right now the debate that is going on in the USA is whether the government should intervene into the economy and try to help job growth and stimulate the economy to get the USA out of a recession or should the government stay out of the natural market and let it take care of and correct the economic recession it self. You have been given two article to read about the recent Jobs Bill trying to get passed by President Obama that deals directly with Government Intervention.
Here are the articles.
Stimulus for Skeptics
Getting Back to a Grand Bargain
Your questions to respond to are,
1) What are your thoughts about how government intervenes in the markets?
2) Do you think the Jobs Bill will help out the economy. Explain your answer.
Happy posting. I look forward to reading everyone's comments.