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\n2018 Economic Year in Review\n

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\n\nPublisher:\n\nACDC Leadership\n\n\n
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\nTwas the week before Christmas, and in every class Each student with finals prayed that they passed In micro the graphs were all labeled with care Showing ceilings and floors and the effect on welfare. In macro the graphs were AS and AD...\nTwas the week before Christmas, and in every class Each student with finals prayed that they passed In micro the graphs were all labeled with care Showing ceilings and floors and the effect on welfare. In macro the graphs were AS and AD And the long term effects on real GDP With all these concepts fresh in your head Remember that econ is nothing to dread So sit back n relax for a moment or two For a 2018 economic year in review. GDP growth was up, the US economy was strong. unemployment was down but for how long? Inflation is expected to climb up into the air So interest rates rise with a new Fed chair. Piece in Korea ended a sixty year mess But a trade war with China caused lots of stress. Some say that globalization and trade is a sin But poverty rates show that trade is win-win. Venezuela’s central plan is a total disaster But that’s what you get when the governments your master It’s another example that the socialist trap is just as destructive as Thanos’s snap Fornite made billions, despite being free Amazon’s got a new home? Now they have three Apple became the highest valued firm ever Toys R us closed and Bitcoin? No, never. GM closed factories to limit to their losses But the masses complained saying shame on the bosses The same thing happened to the leaders in France It’s now dangerous to pursue responsible finance. Politicians and pundits fight every day They claim black and white. But most things are grey \"With, Trump! and, Warren! and Shapiro and Krugman! And, Acosta! and Sanders! And Brexit and Putin! The news claims nothing but sadness and strife But take a step back at look at your life. Living in 2018 is not nearly that bad Just think of all the things you ancestors never had Medicine, the internet, YouTube, your phone. The free market made those. You didn’t make them alone. We might fight over the details but most of us see That markets, like people, are better when free So to all of you. Whether you’re left or you’re right- “Merry Christmas to all, and to all a good night!”\n
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Resource Details

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Educator Rating
Not yet Rated
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Media Length
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2:13
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
3 more...
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Media Type
Instructional Videos
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Source:
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\nACDC Leadership\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Fine Print: Educational Use
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Concepts

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christmas, trade, economics, economy
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clifford, 2018, fight, effects, econ, free, closed
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: 2018 Economic Year in Review\" href=\"/subscription/new\">\"2018\n\n
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