Tuesday, Nov 12 2013 Discussion

As discussed on Friday, we will be talking about how the average amount of disposable income a family has has dropped drastically (quickly and by a lot).

The video is here:

http://www.upworthy.com/this-is-why-you-are-probably-broke-and-stuff?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+upworthy+%28Upworthy%29&c=slt1

Some of the questions we'll be discussing are here:

Should the government control wages?

Should education costs come down?

Should globalization be stopped? (Globalization, basically, means that companies now have to compete with other companies from around the world, instead of just in their local area or local country.)

Should free trade be stopped? (Countries with this agreement can sell products across their borders with no extra tax added.)

In your home country, has disposable income dropped also?

What effects does this drop in disposable income have on society? On large businesses? On small businesses?

It would also be a good idea if you looked up the word 'inflation'.

See you tomorrow!

Matthew

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