Mixed Economy

Two Westminster students, Brendan and Drew, debate economics in a rap video.

Brendan and Drew debating economics.
Keynesian vs Laizze Faire: What do YOU think?

The result of what happens when college kids get bored...

Lyrics:
People worry about the state of the economy
And finding the solution sure ain't easy
You fools are hoping for an invisible hand
to come in and regulate supply and demand.

It is much more complex, not Laizze Faire,
something that requires both nurture and care
In order to increase gross domestic product
We need intervention within the market

The thing which we really need instead
Is regulation instituted by the fed
Monetary policy can accomplish our goals
But fiscal is better for our nation as a whole

Chorus:
I'm sorry but I would have to disagree
You seem to be following a flawed policy
We could work together for a mixed economy
But I wish that you would just listen to me

Your basis is focused on a wrong assumption
The government will not increase consumption
I'm a capitalist and a libertarian
Forget about the governmental intervention

Cause it isn't gonna happen, it isn't gonna work
If common good is the motivation for a bunch of jerks
Personal gain is society's incentive
it makes the people try to be a little inventive

And if you take away the money they make
You'll come to find that it was all a big mistake
When you gather the taxes and they file the forms
Your dysfunctional system will demand reform

Chorus

Obama's got a plan and is out to save us
By giving our bank accounts a little surplus
This stimulates our spending to a degree
And helps make our stacks again soar free

Dude this is how our government got it made:
Our leaders went out and created free trade
America became much stronger after
We went out and created laws like NAFTA

If we create jobs through the government
It helps to battle the unemployment
Creating jobs takes a bunch of tax
Which eliminates jobs dude face the facts.

Chorus

Category:

Education

Tags:

• Westminster College
• Salt Lake City
• Utah
• University
• College
• Economics
• Economics Economy