End of Semester Humor

Here's a little end of semester economic humor.  Hope it puts a smile on your face!

A Real Yawner?

Vice President Joe Biden appears asleep (as do the people around him) for a full 30 seconds during President Obama's speech on the debt and deficit. Watch the video here.

http://www.knrs.com/cc-common/news/sections/newsarticle.html?feed=104768&article=8431334

The President's Deficit Reduction Proposal

Here is a link to the transcript of President Obama's speech on deficit reduction.  The link is directly from the White House website and includes video of the speech as well.  With a proposed $1 trillion in tax increases (all you wealthy students hang on to your wallets!), how does this compare with Congressman Ryan's proposal?  Compare, contrast and draw your own conclusions.

http://www.whitehouse.gov/the-press-office/2011/04/13/remarks-president-fiscal-policy

Path to Prosperity document

Some of you asked for the actual document Congressman Ryan created for his "Path to Prosperity" budget proposal.  Here is a link to the pdf file with the entire document.

http://paulryan.house.gov/UploadedFiles/PathToProsperityFY2012.pdf

Congressman Ryan's "Path to Prosperity"

Congressman Paul Ryan, chairman of the House Budget Committee, submitted a proposal to cut over $6 trillion from the federal budget over the next 10 years and balance the budget.  From the Wall Street Journal, here is his proposal:

http://online.wsj.com/article/SB10001424052748703806304576242612172357504.html

Is Utah Back on the Gold Standard?

Here's an interesting article submitted by a student from one of my economic history classes regarding a recent bill passed in the Utah State Legislature, re-establishing gold and silver as legal tender in the state.

http://www.thenewamerican.com/economy/markets-mainmenu-45/6894-gold-silver-now-legal-tender-in-utah