Okay, there is a lot of enthusiasm among teachers for the stated educational policies of the new president. But, social studies teachers, who take their job seriously and like to incorporate current news with their teaching, need to start acquainting their students with Ricardian (and Nonricardian) Economic or Fiscal policy governments.
What defines a Ricardian or NonRicardian Government? Who was David Ricardo? What were his ideas? How do his ideas of government fiscal policy apply today to us?
Monday, February 2, 2009
Sunday, February 1, 2009
Dow Since Election
The day Obama got elected the Dow was at 9625.
Today, the Dow is at 8000.
Since Obama was elected President, the Dow has lost 1625 points, or roughly 17%.
It's good to keep in mind the faith the market places on economic policy proposals.
Today, the Dow is at 8000.
Since Obama was elected President, the Dow has lost 1625 points, or roughly 17%.
It's good to keep in mind the faith the market places on economic policy proposals.
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