tag:blogger.com,1999:blog-4803761046040217314.post1791541650004510932..comments2023-08-04T02:21:39.483-07:00Comments on Macroeconomics at Gonzaga: 5 things about the economy that will shock youRyan Herzoghttp://www.blogger.com/profile/14812028596361298161noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-4803761046040217314.post-85309064923588674062015-09-22T15:58:14.800-07:002015-09-22T15:58:14.800-07:00When it comes to economy, I never get shock, it is...When it comes to economy, I never get shock, it is something which is possible to do anything. I work in Forex trading where too there are enough shocking things, so that’s why we need to be very careful with how we work, I am lucky that I trade with OctaFX broker especially with their outstanding Champion demo contest, it allows me to practice and work well without worrying about any shocks or Hamidnoreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-45068724462557855102015-07-17T23:04:41.159-07:002015-07-17T23:04:41.159-07:00I found the fact that Americans work 20% more hour...I found the fact that Americans work 20% more hours a year very interesting, but not surprising. I've read articles before that have highlighted this point and also point out that we really don't even like to use our vacation days and we are just constantly working. It's interesting the lifestyle choices between us and other countries like France, that many people will take off a Lauren Sernanoreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-47262693697148806182015-07-17T15:25:15.064-07:002015-07-17T15:25:15.064-07:00I agree with the other people's comments that ...I agree with the other people's comments that it seems as though the overall productivity levels of the country must be a lot lower than others. If we are working 20% more hours but not comparatively gaining more wealth, we should be looking for ways to increase productivity. I was also not surprised that health care costs more compared to other wealthy nations. However, I think a lot of Anna Wodarznoreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-10745278556895511032015-07-15T20:00:37.955-07:002015-07-15T20:00:37.955-07:00I had a recent discussion with my mom about how ti...I had a recent discussion with my mom about how times have changed. Conditions now are very different from how they were in the past. She told me when she was a teen she only had to pay $1 for a movie ticket, and now it’s up to $10 a movie ticket. It’s shocking to me that in 40 years a single movie ticket might be more than $20. Then again, I guess it’s only shocking when compared to the amount aChloe Webbnoreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-27048397418614128712015-07-15T11:26:26.295-07:002015-07-15T11:26:26.295-07:00I wasn't that surprised about that fact that w...I wasn't that surprised about that fact that we work more than any other country. I think the whole mindset of you have to work to get money and you need to have money in order to be successful has been a part of our society since the beginning. I was a little bit shocked that we are paying twice as much for healthcare than other countries. This surprised me because I feel like our healthcareKerri Husonoreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-34390963200898845802015-06-09T16:15:03.991-07:002015-06-09T16:15:03.991-07:00As most individuals have said above, I am not quit...As most individuals have said above, I am not quite surprised by the fact that we are twice as wealthy as 40 years back. With the advancement in our technology and way of doing things, it makes complete sense. And this will be a continual progression for the coming years. I feel as though the fourth point emphasizes why we are on an increasing rate; we work much harder than any other country. ButMatt Reednoreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-46853501509764099772015-06-08T20:34:19.207-07:002015-06-08T20:34:19.207-07:00I have to admit, that wasn't completely shocki...I have to admit, that wasn't completely shocking to me. The wealth multiplication was certainly the least shocking; However, I was a bit surprised as to the dollar amount forgone in the course of the Great Recession. <br />Baker's second point on the continued average wealth accumulation is rather unsurprising. I've developed a bad habit of reading foreign policy projections, Adrian Ullrichnoreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-46962796469728553602015-06-08T11:45:21.368-07:002015-06-08T11:45:21.368-07:00I applaud Baker for noting that wealth has increas...I applaud Baker for noting that wealth has increased, however, prices have also increased and the dollar bill buys a lot less now than it did even 10 years ago. Nevertheless, with the government spending increasing and saving decreasing, households are forced to save and invest in the most productive and promising products.<br /><br />I have actually always been curious how much more Americans Kelsey Mnoreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-7984182298882365712015-06-04T17:09:57.974-07:002015-06-04T17:09:57.974-07:00I was very surprised at the first two facts that w...I was very surprised at the first two facts that we are twice as wealthy compared to forty years ago and will be twice as wealthy in the next forty years. It made us seem like we were doing pretty well in the economy. The fact that we work 20% more hours than other countries makes sense because many people are working more hours to gain income to cover the costs of living, especially for low Anonymoushttps://www.blogger.com/profile/09827851058801471976noreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-48599133711704602952015-06-04T10:52:04.310-07:002015-06-04T10:52:04.310-07:00i am happy to see that the US is much harder worki...i am happy to see that the US is much harder working than the stereotypes make it seem. However is it necessary to have us working this hard, the video claimed that we are working 20% more hours, but are we as a nation being as productive as we should be. it seems that other wealthy nations are working less but being just as productive as the US, does this really mean we are working harder? Anonymoushttps://www.blogger.com/profile/03779832045028802547noreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-53683241834017232142015-06-03T17:47:33.195-07:002015-06-03T17:47:33.195-07:00I am extremely surprised at the fact that we are t...I am extremely surprised at the fact that we are twice as wealthy as we were forty years ago and will be twice as wealthy as we are now in another 40 years. It also shocks and disappoints me that we have basically thrown away nearly $5 trillion in potential output because of the deficit. As far as healthcare is concerned, I am surprised that we in the USA pay nearly twice as much as other Carter Timmnoreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-82875773236174897362015-06-03T15:17:18.541-07:002015-06-03T15:17:18.541-07:00This was very interesting. I am surprised by how ...This was very interesting. I am surprised by how much more we pay for health care than other countries. It seems that we should look at and try to learn from other countries because this has been a hot topic recently. It was also interesting that we work much harder and longer than other nations. We are a very advanced nation but is there something to be said about off time. It may be Alyssa Walchnoreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-4765922208891797702015-06-03T15:16:45.655-07:002015-06-03T15:16:45.655-07:00This was very interesting. I am surprised by how ...This was very interesting. I am surprised by how much more we pay for health care than other countries. It seems that we should look at and try to learn from other countries because this has been a hot topic recently. It was also interesting that we work much harder and longer than other nations. We are a very advanced nation but is there something to be said about off time. It may be Alyssa Walchnoreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-78594062514378598032015-06-03T15:15:12.139-07:002015-06-03T15:15:12.139-07:00This video surely shocked me. It's interesting...This video surely shocked me. It's interesting to me that our per person health care costs are twice as much as other countries. If the U.S works 20% more hours per year than other wealthy countries, why are our health care costs much more expensive? Those two things are probably unrelated but I still don't understand why we spend more on health care. I was talking to my Dad about this John Gougoumishttps://www.blogger.com/profile/06116236640632863603noreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-14919643270073095292015-06-03T09:32:10.387-07:002015-06-03T09:32:10.387-07:00This video led me to question some areas of the US...This video led me to question some areas of the US's well being, but also applaud some of our hard work. Why is it that American's healthcare is so much more expensive than in other countries? Is it because our system is so disorganized that we are costing ourselves, or are we just not healthy people? The US is also the hardest working in terms of hours spent in the labor market. This is Anonymoushttps://www.blogger.com/profile/05905600052852801189noreply@blogger.comtag:blogger.com,1999:blog-4803761046040217314.post-11125694081481313392015-06-01T23:25:20.681-07:002015-06-01T23:25:20.681-07:00This video was very interesting and to the point. ...This video was very interesting and to the point. First off, I was actually not surprised about the fact that we are now about twice as wealthy in comparison to forty years ago. I think that it is evident that even with the ups and downs of the economy and experiencing the recession in the early 2000's, we have grown so much as a major world power. On the other hand, I did find it actuallyAnonymoushttps://www.blogger.com/profile/14059334785252615701noreply@blogger.com