End Trade Embargo With Cuba?

This week's blog will focus on international economics and specifically with the United States' current trade embargo with Cuba.

Please read the article below about the possibility of easing restrictions of trade with Cuba.

Once you have read that,answer the following question: Should the US lift its embargo on trade to Cuba? Please use economic terms (comparative advantage, trade gap, GDP, etc.) in support of your argument.

Due Sunday 3/21 @ 8pm

Behind the Scenes of the Hayek/Keynes Rap Video

So now that we have all watched the infamous Keynes/Hayek rap video, its time to go behind the scenes and the video explained to us.  Please watch the video (about 10 minutes) and answer the following questions:
1) What happens when the government increases its spending to help people hurt by the recession?

2) Whose side would you take in the rap battle? Explain your answer?

3) Do you believe that it is the role of the federal government to spend taxpayer money to create jobs? Why or why not?

Due Sunday 3/14 @ 8pm.

Extra Credit Blog -- I.O.U.S.A. Reflection

This week's blog is purely extra credit, and it is blog that reflects on the movie you watched last week I.O.U.S.A. about our national debt problems.  You are to write a 400/500 word post reflection on the movie including analysis of who is to blame for the national debt, and what our country needs to do to recover from it.  This post is due by Friday at midnight. 

Feel free to use this site to help you with analysis (thanks to Richie Starzec) http://finance.yahoo.com/news/Americas-hidden-debt-cnnm-3752158852.html?x=0&mod=loans

Word Count 400+

Due Friday 3/5 @ Midnight.