The Perfect Economy

The perfect economy doesn't seem like that hard of a subject to talk about. When we were first introduced to the topic of the paper at the first of the semester I thought it would be fairly easy. But as the semester rolled on we went farther and farther into the study of economics and the less confident I felt about this paper. The first topic we discussed is whether or not we thought eastern Kentucky was poor. We talked about how much the dollar was actually worth here compared to other states. Some of the other topics also introduced were welfare and high school dropout rates. Once we were introduced to some of the ideas that the teacher had, I realized more and more the depth of thinking required of this class. He talked about how there were no universities south east of the interstates and about how the average income of a person in hazard went from around thirty-five thousand dollars to currently around twenty-six thousand dollars. On the second debate we discussed whether or not the government should own all land so that they could guarantee all citizens jobs. In the perfect economy the government should have control over some of the jobs but not all of them because it would be communistic. It would be a good idea if the government had the ability to guarantee everyone a job. In the debate we discussed whether or not the government would provide jobs for the disabled too. We concluded that the government should just focus on getting people jobs instead of owning all the land that the jobs create. The third debate went a little farther into the idea of government owning certain things. The teacher introduced us to the fact that the government gives each person that lives in Alaska a check each year for the amount of oil that the government takes out of the land. We discussed whether or not it would be a good idea for the government to own all the coal mines and just send each citizen a check for the amount of coal the government would send