Talking
about the economy is not something that most people can stomach. For some
reason, the average American has only a limited working knowledge of the way
that our nation’s economy works, and it is typically not a topic that comes up
in casual conversations. Unfortunately, this means that many Americans are
equally disinterested and/or uninformed about politics as well. It might not
seem like a dangerous issue, but we need only look so far as the recent
election to see the devastating affects that apathy and ignorance can have on
our country. Luckily, we are all living in a modern era in which untold amounts
of information are available to us via the internet. As contributing members of
society, it is our responsibility to inform ourselves on the political and
economic workings of our nation in order to make more informed decisions about
who we elect to office. Unfortunately, most Americans seem to not be bothered.
For
financial expert and economist, RichardArthur Kelo with TaxScout Inc., this trend is a sign of a growing problem
in the United States. The vast majority of people are uninformed and uninvolved
in the economic workings of our country. On some level, it is hard to blame the
average individual. In our daily lives, huge topics such as corporate tax cuts
and legal trials rarely make a significant impact. However, we have also
recently felt the power of the economy in our daily lives with the financial
crises of the early 2000s. It is important that we reconcile the American
mentality of healthy fear for the economy with a growing concern for how
everything works.
Luckily,
there are a select few individuals who are not even in the education world, but
use their knowledge and experience to share their information with a larger
audience. For example, Rick Kelo’s blog explains many important political and economic
topics in plain English. He covers topics such as “The Minimum Wage Issue”,
“What is the Optimal Progressive Tax?”, “Answering for the 2008 Global Economic
Crash”, and “Free Market Capitalism and the Drive Towards Progress”. This
introduction to the nation’s economy serves as continuing education for
individuals who have graduated from our flawed education system. It provides an
opportunity for individuals to engage in discussions about our nation’s economy
without being overwhelmed by much of the rhetoric and prerequisite knowledge.
