Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Sunday, June 6, 2021

East TN Facemasks

Back in March of this same year, I received my second COVID vaccination and the Department of Health nurse told me that after 2 more weeks that I no longer had to wear my facemask unless I wanted to or unless it was still required like in a hospital...

"Why." I asked her?

Here response was, "because the facemask does not PROTECT YOU, it only protects the other person...  and since you are vaccinated, the other person is no longer in danger from you...  and, you are no longer in danger from someone else because of the vaccination you've received."

I continued to wear my facemask everywhere for another month or so but then most of the place I went into, most of the employees were no longer wearing their facemasks, so I eventually decided that neither should I.  And, for about a month, I have no longer worn a facemask unless required.

I can no longer understand why other States continue to mandate the facemask, social distancing, and even some establishments being closed are doing so for ulterior motives...  what those motives are remain unclear other than it allows these governments to pay potential workers to remain home.

Personally, I don't really give a shit about these other States or what their mandates are or are not, because I live in and have been living in a State for the last 30 years that is governed by individuals who have no desire to keep their heads up their asses or even attempt to put them there.

Are we more enlightened?

Not really...  but we are more in possession of our COMMON SENSE... and the longer that common sense is prevented from taking place,  the longer it will take the states to return to financial prosperity ON THEIR OWN and without government HANDOUTS.

Wednesday, May 13, 2020

The Purpose of Marketing

The above Supply and Demand Curve demonstrates what happens under ideal circumstances that lead to economic growth.  Let me point out the following:
1.  Price is on the left of the graph and shows increasing prices from bottom to top
2.  Quantity is on the bottom of the graph and show increases from left to right
3.  "D" represents demand and shows that as the quantity increases the price decreases
4.  "S" represents supply and shows that as the quantity increase so too does the price
QUESTION:  Why does Supply act like this?
ANSWER:  Because inventory costs increase as more units are produced...
5.  If demand increases "D1" and supply does not, then prices automatically increase because there is a perceived shortage
6.  If demand increases "D1" and supply increases "S1" then  prices drop back down to the previous level and could possibly go lower
NOTE:  When #6 happens we have economic growth which is good for a society

THEREFORE;  the purpose of MARKETING is to encourage the general public to BUY in the hopes that this will create economic growth...  and this works as long as supply increases its quantity which it usually does...

HOWEVER...  Americans are not always intellectually sound when it comes to making good financial decisions and oftentimes buy STUFF that they do not really need.  Marketing does not give a damn if families go into debt...  all they care about is selling products and increasing their quarterly commissions.

All those clever TV commercials that many people hate to watch and have typically started to record shows so that they can fast forward past the commercials are to get you to BUY...  BUY...  BUY...

The more one buys the greater the likelihood that you will not have the money to pay for your purchase so you will have to borrow that money from the bank or from a credit card company.  The credit card company makes its money on INTEREST that you pay for that money...  and, the longer it takes you to pay it off, the more money the credit card company generates in PROFITS at your expense...  simply because you were convinced that you had to have something that you really did not need.

WHO'S THE STUPID ONE HERE?

BEGINNING TODAY

All postings for this blog will appear on my blog:  JOURNAL FOR DAILY PAGES....  all of the internal page links have been switched.  This bl...