Which of the three findings in the article do you find most troubling about our economy and society? Please list and explain each briefly. (20 points)
Unemployment rate increased highly so that people had hard time to find jobs. In the article, the annual survey depicts, "Unemployment skyrocketed to 10 percent and the jobless rate is still a stubbornly high 9.6 percent." Therefore, people hard to earn money if people do not have jobs.
As the unemployment rate increases, delayed marriages and increase in single people in cities are inevitably occuring. Because people are having hard time to find jobs, they cannot make money to afford their livelihoods. As a result, people started to give up or delay on marriage because marriage usually costs high; people have to spend money on wedding, housing, and baby-caring.
Increase in income gap between rich and …show more content…
The top earners 's incomes are relatively high, compared to the the bottom. The exploitation and capital accumulation of the oligarchs contribute to the inequality because they are self-interest that they accumulate wealth while workers ' wages remain same. Therefore, I suggest that Obama should consider to follow the model of social democracy because redistributes wealth properly in public sectors.
Extra Credit Question (5 points)
First, I would like to appreciate for all your efforts to this class. I 'm pretty sure that everyone knows it. You kindly taught about the elements of the course, and I definitely learned a lot. However, I personally felt the lack because we did not learn much about Mondragon because I thought that they deal with more current issues that we are having. I felt you had a lot of work, so you did get to it. My suggestion is to make your work more organized and schedule properly so that you can reduce time spending on your work so that you can focus little bit more on the