I'll admit that the Occupy Wall Street campaign has lasted a lot longer then I expected it would. This article gives a little bit of a background on the "conflict", but is also cool because of the what percent are you tool. So, let's assume you have a monthly budget of $1,500 dollars that comes from either working, your parents, loans/scholarships, or a combination of all three. Work that out to cover a year and it looks like you make $18,000 a year. Plug that into the calculator (along with your actual "income") and see where that puts you. Are you suprised by this? Do you feel ashamed that about a fifth of America makes less than you (in this scenario)? If you could, would you go join the movement?
As a sidenote, Steve Jobs was comfortably in the top 1%. Are you happier that he created the iPhone, iPad, iEtc. or can you not "tolerate the greed and corruption" of this top percenter. Workers at Ford may soon be going on strike according to this Economix blog post. It seems this year has been the year for labor disputes NFL, NBA, and now Ford. The amazing thing to me is how Facebook is playing a role in almost everything that happens now. Before, workers in Detroit would have no way of contacting workers outside of their state, let alone their city. It seems like the Facebook revolution is far from complete. Back to the matter at hand, what could a labor dispute like this do to the cost of Ford cars? How could this effect demand for other cars?
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July 2017
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