Teach Your Kids Capitalism

One of the big problems we have with the young people today is they do not know where Money($) comes from.  I'm not talking about having a job and thinking $$ came from the boss. WRONG thinking, money comes from investment that creates the job. Then workers perform a service at the job place, and for that service they receive $$.  Your child needs to know that each dollar must be sent to work to earn it's own $ for them.  Needless to say much of the $$ they initially earn must be spent for their families  sustenance.  Only then are their dollars available to satisfy their WANTS!.  These wants can be an MP3 player, a Big Gulp, or a share of stock/bond or a lawnmower. These $$ are known as disposable $$ but that is a misnomer. Of those choices I gave, only the MP3 & the Big Gulp are disposed because when they are consumed they are gone forever. The stock or bond or lawnmower are working to earn MORE $$.  Also the lawnmower, if used to actually earn that $$ is a capital expense and is tax deductible!

If taught this basic fundamental it will stand them in good stead for all their life. This something that is not taught in grade school and not until College and then called Economics, By that time that word sounds like Math, and everyone knows Math is hard and we all doze off, which is why we as a people and as a country make bad choices. 

Think about how much easier your life would be if you had been taught this in your youth.

'Nuff said.---> Jimk

 

Kids During WWII

Food for thought...

When we were kids during the war we played war andkilled more "Japs" & "Krauts" than all the armies of the war.  The strange thing was many of the kids were full blood Germans and they never thought of themselves as German.  They killed as many germans as the Irish kids did.  They were Americans!!!  

Some how we lost that idea.  We are a nation of migrants, polyglot critters from other tribes of the world.  When in the animal kingdom, an outsider attempts to join a new pack, he must adhere to the rules (customs) of the new pack or he is shunned or driven off in some way.

That was the way in the USA until after the war. We had rules; Learn history, speak the language, have a sponsor(to fall back on if they needed support to et settled) and Pledge your Allegiance!! 

After the war large parts of the globe were decimated. In order to assist refugees from all over, we relaxed the RULES. Problem  we forgot to reinstate the Rules.

I wonder today, if these kids would think they are Americans?

JimK