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Civics 101: The National Self Governing Will In-Home Training

Course 3: American Job Security

The National Self Governing Will 3: American Job Security

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Table of Contents

I. Introduction ..................................................................................................................3 II. The Wealth of Nations ..................................................................................................3

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Debt and Effect .................................................................................................4

III. Prosperity and Job Security .......................................................................................8

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Cap-and-Trade Energy Taxes ........................................................................8

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Government Bailouts and American Free Enterprise ..................................9

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Prosperity and Job Security ..........................................................................10

IV. Economics & the Basics of Prosperity .....................................................................11 V. The Keys to Prosperity ...............................................................................................13 VI. A Nation of Takers, Not Makers ..............................................................................29 VII. A Path to Prosperity ................................................................................................31

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Debt Worries of the (Near) Future ...............................................................35

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For Further Reading......................................................................................35 VIII. Protecting Your Prosperity ...................................................................................36 IX. Glossary of Terms......................................................................................................37

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I. Introduction

$15,155,585,220,522

- US National Debt: http://www.usdebtclock.org/

“When people have the right information, they will make the right decisions.”

- Thomas Jefferson What affect does Washington have on job security? In truth, everything. Unemployment numbers can be tied to economic policies. These policies are the rules and regulations that we covered in the previous course. These policies often make it more difficult for business to create jobs and force an increase in unemployment or underemployment. Therefore job security - your personal security for your Self Governing Will of

independence and to ‘make your way’ in the world

- is inevitably tied to American civil policy. By this time in the subject you certainly are drawing the comparisons of the development of the National Self Will to the personal will. The nation, like young Benjamin Franklin, is a canvas of creation and will. To be able to draw a landscape, the correct policy must be available, or the paint will simply dry up. Just as patriots of the young nation had a duty to their nations will to independence, the nation - and its elected civil servants - have a duty to ensure the will of the individual, the will to thrive.

II. The Wealth of Nations

One way to frame job security is to go back sometime and take a look at Adam

Smith’s

‘The Wealth of Nations’.

When demand exceeds supply, the price goes up. When the supply exceeds demand, the price goes down. Simple concepts of supply and demand are taken into the context of job creation in a global free market.

"A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in wages or profit, greatly above their natural rate. The price of monopoly is upon every occasion the highest which can be got. The natural price, or

the price of free competition

, on the contrary, is the lowest which can be taken, not upon every occasion, indeed, but for any considerable time together. The one is upon every occasion the highest which can be squeezed out of the buyers, or which, it is supposed, they will consent to give: the other is the lowest which the sellers can commonly afford to take, and at the same time continue their business."

“By preferring the support of domestic to that of foreign industry, he intends only his own

security

; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was not part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it. I have never