Tuesday, September 16, 2008

Changing Direction

After only a few hours of preliminary research and after a little advice from my Professor I realized the scope of my research was far too broad. I decided that I could narrow down my search by instead of trying to identify every factor that dictates the economy I could focus on the two major political party’s stances on the economy.
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With the Presidential election underway it only seems fit to see Obama’s and McCain’s proposal for better economic days. I’m sure most of this will be common knowledge but it is a good place to start my research.

Sunday, September 7, 2008

Initial Thoughts

The first thing to identify is what factors makes economy strong or weak . In other words what makes an economy tick? I assume that factors like unemployment, wars, gas prices, deficit spending, along with many others, all impact the economy at some degree.
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Obviously all the factors that are later identified to influence the economy all wont impact it at the same severity. Identifying the most significant factors will prove important. Looking at political parties stances on specific calculated economic reform and development.
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Knowing exactly what to do for something as large and volatile as the United States economy is no easy task. It is so difficult that the political parties now develop their platform over soft social issues instead of hard economic issues (It’s your own personal opinion whether you find economic or social issues more important).
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It will be interesting to see the results from my research and to understand this complex system better.