Thursday, November 29, 2012

Big Business and Economy


           Today in class we continued to watch the video we watched in previous classes and continued on our topic of capitalism. During the video we froze and each talked about what we thought about what just happened and what we can do. Like how we can get more business in America and keep businesses from leaving America to use cheap labor in countries like China. I had an idea of having everyone (who can afford it) pay the same tax, and for those in the lower class who can’t afford to pay the tax will have that tax lowered based on income. If we can do that then the upper classes will have to money to be able to make new businesses which will create new jobs for those unemployed and therefore we could possibly make the economy even out as well. If a government official does chose to go the way I had just explained I would like to see how it would play out in the end.

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