Thursday, September 6, 2012

AP Macroeconomics for "Non-Traditional" High School students

I am offering an opportunity for high school aged students to take an Advanced Placement level Macroeconomics class online. 

My target audiences are home schooled students and students in public or private schools that may not offer AP Economics as a class.

Please go Economics for Homeschoolers for more specific information.

The class will be held live online at www.wiziq.com using video and whiteboard technology. There will be lectures, homework and tests.

I will issue a notarized certificate of completion at the end of the class for your own documentation purposes.

Tuesday, September 4, 2012

One chart you need to see as to why Medicare is more of a problem than Social Security. This is a must see!

I am beating this issue to death (as opposed to a death panel doing it for me) BUT this issue is so prominent in the Presidential race, I am going to flog it some more.

This chart shows, ON AVERAGE, the taxes someone retiring in 2010 paid over their lifetime into Medicare and Social Security, and what ON AVERAGE they will receive in lifetime benefits from these two programs.

Social Security DOES show some income redistribution effects, as higher income people tend to pay more than they will receive in benefits.  It is the reverse for lower income people.

Medicare is not even close.  Tax revenues fall significantly below benefits received for both classes of income earners. 

Solution(s): Increase Medicare taxes (now 1.45% of your gross earnings) or slow medicare spending (i.e. decrease payments to doctors/hospitals) or cut medicare benefits to the "olds" or continue to do little or nothing or reduce "waste, fraud and abuse"(or as I call them, The 3 Stooges). 

Source: Coyoteblog

Here are links to the Democratic and Republican Party Platforms (Dems JUST released today)

Here is the link to the Democratic Party Platform

Here is the link to the Republican Party Platform

Here is a link to the American Presidency Project that maintains archives on LOTS of official documents.

Here is a link specifically to PAST Party platforms at The American Presidency Project.   Interesting to see similarities and vast differences over time as to the emphasis on specific issues.

Thanks to former CHS student Rafael Lima for the link!

Enjoy. :)

Sunday, September 2, 2012

Two worthy perspectives (Pro and Con) on Entitlement Spending in the US. Worth a read if you want to be informed. Otherwise, carry on as you have been...

The Wall Street Journal has two perspectives on "Entitlements" in the US Federal Budget. Read BOTH with an open mind as to the point of view.

The question posed is: "Are Entitlements Corrupting us?"

…..-Yes, American Character Is at Stake
…..-No, They’re Part of the Civic Compact
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