Wednesday, April 28, 2010

Economics...


...is not one of the eleven classes I teach in Social and Behavioral Sciences at Colorado Mountain College.  I wish it was because, as usual, you gravitate toward those things that you need the most.  I need to learn more about economics.  As it is right now I attack the Economics professors in the halls each day to pick their brain about what is going on in the economy.  The bottom line is that there is no precedent for what is happening.  In nearly all of my subjects there is an economics component.  I love teaching Political Science and American Government in an election year.  Lots of fodder in the news each day that can actually sustain an entire three hours of lecture.  Right now the fodder is more about the economy.  The world economy.  We Americans are so very geocentric.  We are myopic when it comes to most things.  If it is not happening in our own backyard it is not important.  This week all of the action is in Greece.  The economy of Greece was downgraded this morning to junk bond status.  Portugal is teetering on the brink of having the same thing happen.  The European Union is arguing about whether or not to bail out Greece and then probably Portugal.  Sound familiar?  Like it or not the world is flat economically.  If someone sneezes in Greece, the United States catches a cold.

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