Discussion Questions
What is the difference between the national deficit and the national debt? What is the size of both as of 2010?
Provide the current figures for the U.S. federal government debt, personal debt (such as credit cards), and our trade deficit. Which of these will have the most negative economic impact on future generations? Please explain your answer.
Week 5 DQ2
Ch. 31 – Politics, Deficits, and Debt
What do you believe is the solution to the Social Security crisis? Why do you think reforms have not been implemented despite the consensus that the program is unstable?
Do you believe that Social Security benefits will be available to you when you are ready to retire? What other means of retirement savings do you expect will support you when you retire?
Week 5 Summary
This course is intended to provide students with a broad view of theories concerning the functioning of the domestic economy as a whole and its relationship to the global economy. The following questions ask you to review the theories presented in this course.
Which concept that we discussed did you find the most interesting or useful? How will you apply this concept to your occupation?
Which concept in this course did you find confusing or unbelievable? How do you think the treatment of this topic can be improved during the course?
