The Welfare Dilemma

In: Business and Management

Submitted By michaelbarron
Words 2201
Pages 9
The Welfare Dilemma in America Defending Americas Financial Integrity Michael A. Barron, J.D., CPA

Credits To: Claude Allen Barron, Ph.D. Merwin Michael Scruggs, M.D., M.B.A. Reagan Shea Thomas, M.S.

ABSTRACT I will attempt to defend the ever-­‐growing problem that lies within the current Welfare system in the United States of America, and try to explain why it must be reformed so that the country can continue to operate on the perpetual system of capitalism.

College of Business | School of Accountancy

In a world of increasing demand and decreasing supply by way of domestic distributors, we may at times wonder why the prices of many different resources soar at astronomical prices. The answer to this question is very simple when you just think about it in its entirety; we can simply call the influences of these prices, market externalities.
Market externalities often times are confused with how desire influences the world around us, but instead these externalities are caused by outside influences such as government mandate or outsourcing from one country to another. The externalities will continue with the times to keep up with a world of great demand, but there will be no greater supply.
This seminar will be composed of only two parts in conjunction with one another; that is, combining the Cookie Jar Theory of Economics, as well as my personal Box Theory of Diminishing
To begin, I will explain the essence of capitalism. Capitalism is where the society and primarily the economy will operate on a perpetual system, in which it will change daily as people make external decisions within the bounds of the markets supply…...

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