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Location: The Chatterdome in La La Land, CaliFUNia
39,031 posts, read 23,027,552 times
Reputation: 36027
Quote:
Originally Posted by MIKEETC
Reading and writing. All else will follow.
Yes ... In early elementary, the primary focus should be on the basics but economic lessons should be introduced during the later elementary years. Apparently, too many folks in our society do not have a firm grasp on simple economics and budgeting so we need to teach our children these concepts.
Now who has an issue with hate? I think you need to get off your high horse and debate the merit of what the OP suggests instead of insulting him/her.
You do not know this guy and his merry band and what they did to another site. He has a PHD in hate. 4 or 5 of us quit posting there now I feel as if we are being stalked. For over a year I was familiar with Skulhammer and Roysoldboy.
Two people each started a business. Person A spent money very carefully. He saved what he could then bought supplies for his business only when he had enough money. He worked hard, figured out how to draw new customers, served the customers well, and earned money. He then invested that money and opened three other stores, hired a lot of people who worked hard and satisfied the customers.
Person B didn't save enough money to buy a business but he lied about his income and fooled a bank into loaning him that money. He didn't work hard, didn't serve his customers, and didn't invest his money. Instead, he lavished his money on friends and on people who helped him lie to the bank to get money. When his business started to falter, he made up more lies, fooled more banks, and borrowed more money. Finally, he told the banks he wasn't going to pay them anymore, closed the business, and the few workers he had lost their jobs.
LOL. Finish the story. Person A all of a sudden could no longer keep up with skyrocketing health care costs for his hard working employees because in our country it is left up to employers to shoulder the brunt of health care. And then his satisfied customers stopped coming because they either were all getting laid off from their corporate jobs who were offshoring or they decided to go to Walmart instead to get the same goods at a cheaper price made in China.
And then his careful investments all tanked,and when he went to the bank for a loan the bank said they could not help him because the banks were all very reckless over the past decade and nobody was regulating their best practices for loans. Person A thought he was being a very careful person... but he ended up getting the shaft anyway and ended up closing shop and getting unemployment benefits.
Think about that one kiddies and then prepare a 3-5 page paper double spaced on your solution to this conundrum.
The problem is, the teachers hardly know what thrift means, and nor do the parents. They are who has spent this country into oblivion. They taught the kids that easy credit will be around forever, you can use credit cards to buy all those iPhones and iPods and Wii players the kids want, while the parents buy up new cars and SUVs, big McMansions they can never afford.
Location: The Chatterdome in La La Land, CaliFUNia
39,031 posts, read 23,027,552 times
Reputation: 36027
Quote:
Originally Posted by Hi Horse
You do not know this guy and his merry band and what they did to another site. He has a PHD in hate. 4 or 5 of us quit posting there now I feel as if we are being stalked. For over a year I was familiar with Skulhammer and Roysoldboy.
You are sounding awfully paranoid now. Help is available ya know.
I say it's economics and what the political parties are really about. If every child were taught something about spending within your means, America wouldn't be putting up with these horrendous giveaways and pork barrel spending we are seeing the past month from the Obama administration.
Children should be taught the basics of national economics. Corporations are NOT evil; they are the very backbone of our economic system. We should teach kids that corporations invest capital, provide innovations, make necessary goods and services, and create jobs. Government does none of these.
Children should be taught to challenge the notion that high achievers should be punished by being disporportionally taxed. Kids have an instinctive understanding of fairness. Try this exercise. Ask the students how they would like to study two hours every night, do extra credit projects, and stay after school for homework help while their classmates go home and do nothing but watch TV and play video games while eating chips and drinking soda, THEN have the lazy classmates receive the better grade? That's basically what's going on with the bailout of people facing foreclosure.
Along the same vein of fairness here's another game: Child A and Child B are running for class president. Child A promises the class that he will pay each a dollar if they vote for him. Child B just promises to work hard if elected, and pledges to try to get the whole class to work harder in school. Child A then steals a $20 bill from Child B, gives a dollar to each class member and keeps the rest for himself. Child A then tells the class how generous he is for giving them money and how Child B is selfish for not wanting to give. Yet it was Child B's money all along. The poorest kids elect Child A, because they wanted the money and didn't want to have to work hard. Child A wins.
Ask the students if they think the above scenarios were fair. Then explain to them that is exactly how the two political parties operate.
Here's a final exercise:
Two people each started a business. Person A spent money very carefully. He saved what he could then bought supplies for his business only when he had enough money. He worked hard, figured out how to draw new customers, served the customers well, and earned money. He then invested that money and opened three other stores, hired a lot of people who worked hard and satisfied the customers.
Person B didn't save enough money to buy a business but he lied about his income and fooled a bank into loaning him that money. He didn't work hard, didn't serve his customers, and didn't invest his money. Instead, he lavished his money on friends and on people who helped him lie to the bank to get money. When his business started to falter, he made up more lies, fooled more banks, and borrowed more money. Finally, he told the banks he wasn't going to pay them anymore, closed the business, and the few workers he had lost their jobs.
Teachers, you don't even have to mention political parties. You don't have to. Just tell them those things are really happening with the two political parties. Appeal to their sense of fairness, and encourage them to develop the political philosophy of their own choosing. If generations of American kids were taught wonderful lessons like this every day in class, our nation would be much more prosperous, there wouldn't be as much dependency, and above all, we wouldn't be electing the folks who caused our current economic problems to "solve" the problem.
Eeeee, is this your "formula" from Ayn Rand or from Tim LaHaye?
Last edited by Austin13; 02-28-2009 at 01:00 PM..
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