If you are looking for something fun to do at MOTD just for kids, please check out: Little Dragons and let us know if you are interested. Thank you!

 

Bueller? Bueller? Bueller?

Anyone? Anyone? Something-d-o-o economics. "Voodoo" economics.




Ferris Bueller Economics Teacher: In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the... Anyone? Anyone?... the Great Depression, passed the... Anyone? Anyone? The tariff bill? The Hawley-Smoot Tariff Act? Which, anyone? Raised or lowered?... raised tariffs, in an effort to collect more revenue for the federal government. Did it work? Anyone? Anyone know the effects? It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. "Voodoo" economics.

 

Pam....I can't even comment. If you knew that off the top of your head, you are my greatest hero!

 

Ben Stein is funny.

Looking forward to the Monte Carlo Night, but my daughter might be too young for the Little Dragons.

 

How old is your daughter?

 

1

This will be her second Dragon!

 

Bring her over, Pamala can get her "Baby" fix!