Stimulus debates help students learn about economic principles

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While politicians in Washington squabble over the effectiveness of government intervention in the economy, youngsters are debating the issue in their classrooms.

On Friday, students in the International Baccalaureate program at the Academy of Richmond County defended opposite positions, with the boys arguing in favor of the government's tactics and the girls supporting a hands-off approach.

The economics class exercise was designed to prepare students for tests on macroeconomics concepts and to verse students on current events, teacher Mark Hallman said. Friday was the third and final debate in the series.

After both sides presented their arguments using a PowerPoint slide show with economics formulas, sound effects from Law & Order and even an image of a mushroom cloud, students peppered their opponents with questions, pressing them to defend positions.

The boys maintained the quickest way to improve a slumping economy was to prop it up through bailouts, sound fiscal policy and stimulus packages.

It would be too devastating to the economy as a whole to do nothing, they argued.

But the girls countered that the best action the government can take is to take no action at all. Bailouts shift the burden to the taxpayer to right the wrongs of a few within large companies, they said.

The money to fund bailouts and stimulus packages must come from somewhere and that somewhere is taxes, they said.

"It kind of hit home for everybody," Mylesha Grant, 18, said after the debate.

Everyone knows someone who has lost a job or has been adversely affected by the economy, she said.

The debate is better than just hitting the books, classmate Joshua Warner, 16, said. By focusing on one topic, students learn about current events while touching on overarching economic principles.

Both students said it helped them understand the issues by researching various viewpoints.

The aim of the debates and the IB program as a whole is to create more informed people, Dean Charlie Tudor III said.

Reach Greg Gelpi at (706) 828-3851 or greg.gelpi@augustachronicle.com.

Comments

Asitisinaug

What we should be teaching is "don't spend what you don't have" and this country sure doesn't have it no matter how much they continue to raise the taxes on those who work to make theirsleves and their country better. At some point in time, something must give because the do-somethings of all races and sexes are sick and tired of paying for the do-nothings. Granted, some people want to work and it is difficult to find and therefore may need very short term assistance but most are able to turn to family, friends or churches because they have something going for theirsleves. It is those who live in govt. housing for years, using food stamps, tax credits, etc. and continue having children while ensure their cell phone bills are paid each month that are eating up the largest portion of all of our social programs which are a complete waste to the tax payers. Taking from those who work to give to those who don't or those who don't know how to run their own business amounts to robbery.

charliemanson

Spending what you don't have = Keynesian Theory.

patriciathomas

An excellent way to teach the "real life experience". The hardest part of teaching is getting, and keeping, the student's attention. Using a relevant subject that is dominating the news for the subject of debate is good stuff.

sevensundowns

These tactics have been tried over and over again through out the world, and they have always failed miserably. I can't understand why there is even a debate. I hope that they FAIL this time as well. It may be a costly failure but the people of this country must realize that the government is not the answer to all of our problems, not even close.

dellguy1

I wish RC could expand the IB program to other school's in the county. Besides at ARC which already has full AP classes. Richmond is overcrowded because of the IB program. It has turned into a big contest. Like trying to get your child into Davidson, CT Walker, and AR Johnson. Cross Creek and Westside can handle a IB program.

justthefacts

I can hear the kids now. "WHO is gonna have to pay for this Stimulus Law"????

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