Economic Cartoon Analysis Essay - 618 Words

In today’s grim economic climate, cartoonists across the country have taken pen to paper to satirize and make light of the gloomy situation the United States is currently in. This particular cartoon deals with several major economic principles, such as the idea that people face tradeoffs (Raj). To illustrate, in society, there is a tradeoff between efficiency and equity. Efficiency means society is getting the most it can from its resources, whereas equity is distributing economic prosperity fairly among the members of society. Another principle this cartoon addresses is that a country’s standard of living is attributable to the productivity of the country (Raj). Well, when these principles are examined in light of today’s economy, they†¦show more content†¦Economics is essentially the way we organize and use our resources. It determines the way a country or province runs and how it works. Since resources are depleting and critical to the livelihood of many, questions of ethics arise when deciding how to allocate these resources. Therefore, one can say that â€Å"ethics is the soul of economics† (Singh). Without ethics, economics inevitably becomes all about greed and consumption, instead of the greater good of the people. By removing ethics from economics, as this cartoon suggests, â€Å"social responsibility and critical awareness† (Singh) are also removed. In this cartoon, a man who is representing the unemployed in America is asking the U.S. Nation Building Shop if those without jobs can be fixed next. However, the government is currently working on Afghanistan, and cannot help them. Basically, this cartoon is saying that the government is more concerned with another country than with its own people. This goes against the basic ethics of economics, that we all have a social responsibility to support our fellow Americans so that our country can thrive and prosper. If the unemployed do not have the support of the g overnment, it does not bode well for the future of the U.S. The jobless should be our first priority, because in order to have a very high standard of living, the country must be productive. Furthermore, the country must find a good balance between efficiency and equity, so that resources are being usedShow MoreRelatedAnalysis Of David Horseys s Todays Economic Indicator 976 Words   |  4 PagesFor my Rhetorical Analysis I chose David Horseys political cartoon â€Å"Todays Economic Indicator† published by the Seattle Post-Intelligencer on June 4, 2014. Horseys cartoon is controversial yet on point at the same time and that’s one of the main reasons why I chose it. If a picture speaks a thousand words than a political cartoon speaks a million words because this topic can go on forever. Horseys cartoon depicts the engagement of two girls at a fast food restaurant called â€Å"Fatso Burger†. 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