Wednesday, May 23, 2007

U.S. Trade Deficit: Getting Better?

The Trade Deficit In The U.S.
The U.S. trade deficit surprisingly is not improving because still it is giving off more american made goods then what it is getting back. The S&P market says that they traded almost half of its goods to foreign countries. They say that this will narrow the gap in between the goods for this year and will contribute to the country's economy for the first time in about a decade. They say after this then jobs will open up more and will help the U.S. bounce back from its slowest economic expansion in 4 years.
WOOOO

Monday, May 21, 2007

High Price of Easy Credit

Couple learn the high price of easy credit
The price of rate for simple things like holding a savings account have become harder over the years since the mid 80's. The interest rate for various types of loans have gone up a whole lot also. These have put many Americans in debt because the loans turned out to be whole lot more then what they had bargained for in the beginning. An average family like the one in the article make 66,000 thousand a year. This is pretty average for an American family but with rate percentages going up they figure taking out loans can help them away from debt but instead assures it. By the end of the year they end up paying more then what they've earned and they're pocket money is all used up in the debts they owe banks.
OUCH!!

Wednesday, May 16, 2007

Podcast Critique: Mari & Jared

I did my critique on Mari & Jared's podcast. They're podcast was pretty detailed on the various areas under Gross Domestic Product. They both were very clear and entertaining all at once. They're images were all on point with what they were talking about. I liked they're creativity with the way they were talking on the phone and everytime they spoke their voices appeared in the images in the beginning. It was very educational and easy to understand. One thing I learned was that the GDP of the U.S. economy is twice as much as China's. It surprised me alot because I knew that the U.S. invests so much in their stock market I had no idea that the U.S. was still ahead by so much. This was a very good podcast I enjoyed this one alot.
-ron-

Thursday, May 10, 2007

Gov. Taxes All Day ERRR DAY!

Taxes:
There are all kinds of taxes that Americans pay. I also feel that because of the fact that we live in the U.S. its most likely a lot more strict then other countries.
Taxes are run and taken care of by the IRS. Thats why there are so many people that hate them. The IRS makes you pay various taxes such as the things like property taxes, state taxes, and finally the government taxes. There are others taxes that Americans pay like estate taxes and taxes for things like cigarettes! thats a whole lot. sheesh
give us a break.

Student Loans-Beware!!

Student Loan Article!

Culinary School and various institutions often sell themselves to the public to make it seem like after they graduate from that school they will all turn out to be a typical "emeril live". Most famous chefs make lots of money but thats only if you are really good. And I mean really really good. Most culinary schools are very expensive to pay for but people get suckered into it easily by the advertisements. People quickly take out student loans with it in mind that after they graduate they'll be the great ideal chef of there dreams and will be able to pay the loans easily after they graduate. With an article like this it teaches us that we should be careful in our decisions for school.