The Economy is a Seesaw- Lauren Kuehmeier

  Patterns are beginning to reveal themselves just as I wrote earlier of the lack of retail sales there were, the opposite occurs only a month later. After viewing both, I think a great deal of the increase has to do with the decrease in gas prices.  Lower gas prices means that Americans are more likely to use their cars without conservation, an increase in travel or people just going out and doing things occurs. This means of course means that those invested in the oil industry are getting the short end of the stick, but ultimately a gain is made for the consumers of the United States. Such a positive change could has inclined consumers to go out and spend more at local businesses or make the purchase of larger cars more desirable. 

  As prices of certain things rise or fall, they directly relate to how the state of the economy ends up. If one factor increases or decreases, it is almost certain to be linked to something else. The economy is just one big house of cards. Observing the confusing and fluctuating rates, I see why there is such an importance put on this class to pay attention to the current state of things during these summer months. I’ve also began to see how such a living can be made off of watching and predicting these patterns, because these changes effect everyone from billionaires to students like me.

  My understanding of the economy is starting to deepen with articles like these. We’ve always discusses it throughout history, yet it still remained this ambiguous enigma of a vocabulary word that I didn’t quite understand. Rightly so, I still feel like a stranger to the subject, but connections are being made. 

  In reading, I learned the numerous problems with our economy and now that I see what can go wrong with it, the factors it’s made up of are appearing. For example, I understand now how great of an effect that the lack of job creation has and that many of the big issues surrounding trading are due to the fact America does not have a “strong dollar” in comparison to other countries. The “strong dollar” relates directly to the economy because the weakness of our currency is a reflection of the debt  America is in. Easy enough, these puzzle pieces fit together and rely on one another to create the ideal economy.