Manifesto Essay.

Kevin Volk- My manifesto on the Government unit.

The role of the Government.
The Government has a very diverse amount of expectations. but what are they? Everyone has their own opinion how the country should be run, and in all honesty, there is no "right" way to run a country. yet there are definitively wrong ways to run a country. (i.e. Kill everyone.) At any rate, I personally think the government's power and influence should vary via the condition of: The economy, foreign relations, and unhappy citizens.
In more a more detailed fashion; when the economy is being "special" for whatever reason, it's the governments task to do something about it, not fight, bicker and tell everyone "Every thing is a-okay!". It is their task to execute whatever (or whoever...)  is necessary to recover from the recession. even at the cost of popularity.
And in the case of foreign relations; it is the task for the government to keep diplomacy fair between other countries. and in the case of war it is to rally, organize, and defend their country against the offender.
Oh and stuff like SOPA is none of the government's concern.

Taxation.
Now, here is the part some people cannot stand, yet everyone must pay; Taxes. Everyone must pay taxes, it keeps government defense online, infrastructure, and other services. but not everyone agrees how taxes should be paid. Yet one could find that progressive taxes are the most fair, they add higher taxes on those who really can afford to pay more taxes. While some argue that in discourages working to earn a high pay, the ratio of money taxed, and money made gets lower. Meaning regardless of the fact that your taxes are higher, you're still making a lot more money. However, the Progressive tax isn't perfect, and is in desperate need of reform. When the books of rules, loop-holes is 30,000 pages long, one can go rather bald one April 15th...

 If I were in charge (there's a terrifying thought...) I would make it so that the more money you make, the less loop-holes you have. Or simply cut them all together. reducing the number of loopholes to about a hundred or so, and end at ten for the rich. keeping it simple and easy.  As for administrating the Taxes, by making them a lot simpler I hope to decrease the amount of money spent on collecting taxes. Hopefully reducing the IRS's budget, and not being as wasteful.

Deficit spending- (Derp)
Now here is ANOTHER problem that this country seems to have gotten itself into. I believe that the government should be able to deficit spend, but where do we draw the line? To be blunt, it would be rather difficult to govern the governments ability to deficit spend. for two reasons- It's rather difficult to put laws into the government, when they can (theoretically) just change them again. Not to mention that, who or what determines where the line is drawn? Deficit spending can be rather good for the economy. On the other hand, it can be really bad for an economy. During WWII the government spent it's way to hell, but that made us the most economically powerful country in the world. while the current situation is... just depressing.

 so where exactly should the American public draw the line on government answers? There really isn't an official way to govern that. I guess one must just leave it to the honor system to have the government be prudent about it's spending. (i.e. not the current situation.)

Message to "The Boss"
I honestly wanted to make the Role of the Government two paragraphs, I can go on forever about that. taxes and deficit spending in my opinion are rather straight forward.

Economics manfesto

My opinion on Taxes and Governmental rolesL I wasn't sure if he thought this was suppost to be our actual opinion, or just a well developed opinion that I could make up. So I'm doing my actual opinion, rather than fuck with the teacher by telling him that the government should own everything and everyone. This paragraph doesn't count.

I honestly believe the role of the government should change, as the need arises. As a citizen of Great Britain, I am far more familiar with their government style than that of the United States. However, from what I can tell, the only major differences between that of a Republic and a Constitutional monarchy, is the monarch himself. The Government should have a very low grip on the private sector during times of great prosperity, serving mostly as law-enforcement, the Prime minister/President leads the House of Commons/Senate, and they come together and collaborate on laws and whatnot. and during times of depression, great war, famine, or what you will, The Houses of Parliament/Congress may decide to give a Government official almost absolute power for a brief amount of time, so that he may make decisions that would normally cause a fuss. one problem I have with American politicians, is that they are constantly obsessed with keeping their noses clean, campaigning a entire year before the election, and never doing anything to make them unpopular. which you must make unpopular decisions in politics. that's why I favor a monarch, they are less concerned with public opinion, and more concerned with their own country. When absolute power has been granted the King (normally an almost purely ceremonial task.) would have the power to change some or most policies in the government, so long as it is within the parameters of the power that they were granted. ( maybe house of lords gave them power to the laws and taxes, but not the army.) I believe that Government should keep at all times out of religious affairs, not one of my favorites about the UK. however, the US is certain that Atheism is "religiously  neutral' which it is not debatable, it's the lack of religion. which is not neutral. anything that is controversial religiously, shouldn't be instructed in school. (i.e. creationism/evolution)

now, after my attempt to make you believe that this country is a lead balloon, I'll move on to taxes.
I believe in progressive taxes, based on the argument that those who can pay more, should...
wait, fuck. this is deficit spending, not taxes. fuck that. IT'S TOO LATE TO BE TYPING!!!!
At any rate, deficit spending... i believe that it should be allowed, but governments shouldn't buy everyone a rolls royce. some deficit spending is okay, it can be good for the economy, but if you spend like a sixteen year old lass with a new credit card then we're in some deep shit. so that's defiantly not cricket. not sure what else to add. did I make three paragraphs? eh~ I think that big one counts as two. whatever, I'm going to bed. hope you enjoyed my rant.

Maccanomics- Market Price

I have learned that market price is a combination of supply and demand, where equalibrium determines where the quanity supplied, and the quanity demanded meet together so that everything is sold and both costomers and salesmen are happy. this allows satbility in an economy so that there is no extra goods left over that weren't sold, and that there aren't still any coustomers looking for that good.

Market price is determined by the supply curve of a product, and the demand curve of a product.
where if 10 items are supplied at $15, and 10 items are demanded $15, then the market price will be $15 and ten items will be sold. rather if 5 items are demanded at $20, and 25 items are supplied at $25, then there will be a problem as there will be a surplus of 20 items.

Remember when the Wii came out in 2007? nintendo didn't make enough of them to meet demand, so there was large compition to get a Wii. some were being sold for $500 dollars when nintendo was selling them for $250. there was a shortage of supply and it took nintendo a year to respond.

Macanomics- Demand.

I have always some-what understood demand, but I never fully grasped it. I always thought about elastic demand, when prices go down, the number of buyers goes up. and so does the revenue. but I didn't even know that inelastic demand existed. nor was the true meaning of (christmas) a socialistic economy was. I thought that a communistic economy was socialistic, but now I am more educated about the subject.
Also, as a Marketing major in college, I have found this class very useful and very on subject with my learning objectives. In fact, I would like to personaly thank Mr Macmanamon (Mega-Me) for making Economics class one of my favorite classes.