Tuesday, June 5, 2007

Economics 101























So, I was wandering around CNNMoney.com like I do every day, and came across this article about a new piece of legislation that has been introduced to Congress. There are a couple of things I like about this article.

1) While it may start out sounding like it is going to be a Obama bashing session, it's not. This lady simply acknowledges his involvement, and moves on to really examining the bill. Somewhat of a lost art in journalism anymore, it's much easier to just lash out.

2) It's a gender issue being written about by a person of the same sex, thus removing criticisms of "oh well he's just a biased pig headed man"

3) I LOVE when she calls out the title of the bill. Who isn't for fair pay?? Well, I think most of us are, but not if they have incorrectly identified, overexaggerated, and come up with a bad answer even given the faulty set of assumptions.

4) The author acknowledges both sides of the issues surrounding this legislation. She doesn't just lash back rebuking everything she can; rather, she admits places where there is some rationale, but stands by her conviction.

5) I know not everyone is an economic guru (education majors . . . haha). However, just because you don't thoroughly understand a topic, especially one that relates to politics and our everyday lives, doesn't mean it can't be critically understood. She breaks this whole thing down pretty simple, and obviously a complete and thorough researching of the subject would reveal some degree of bias in this piece, but that is inevitable. If you have about a 9th grade reading level and 10 minutes to read and think about this, then you can understand it.

6) If you haven't guessed it by now, I agree with most everything she has to say . . . that helps alot when evaluating how much you like an article.

That's all I have. Just doing my part to help the non business minded people of the world understand a little more, especially when it's related to the government's involvement in our free market economy. Oh, and lets not talk about unions, unless you really want to, I just don't have the energy for it, haha.

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