Identifying Opportunities in Economic and Regulatory Trends
1. Prison Reform (Regulatory)
I found an article on this prison reform situation in the LA Times. Kim Kardashian has recently met with Donald Trump to discuss these issues and although she is no where near qualified to speak on such matters, it does show that there is an interest and opportunity in this area. I think when prison reform is all over the news and becoming such a huge talking point with celebrities and such, it shows that there is an opportunity for change in this aspect of regulation. I think individuals locked up for petty crimes and the American people are most likely customers of an opportunity like this. It helps bring fathers home to families and it helps keep our prisons free for more serious criminals.
Why: I have seen in my lifetime countless numbers of people locked up for petty crimes and foolish things that both: waste tax payer dollars and flood our prisons unnecessarily.
2. Gun Laws need to be stricter (Regulatory)
I found my information from an article in Time Magazine. Many gun owners and even a majority of NRA members are for stricter background checks when it comes to firearm purchases. This is a clear opportunity because people are dying and it would be nice to figure out a solution to this issue. America has been plagued with gun violence and in recent years the rate of these tragic mass shootings have escalated.
Why: We have literally had two of the worst mass shootings in history take place in our state less than 2 years apart from each other. Maybe trying for some kind of gun reform might not be a bad idea. Also some parts of Chicago are damn near a war zone and that shouldn't be happening in the US.
3. Legalization of recreational marijauna use (Economic)
I found an article on the legalization of recreational marijauana in the Business Insider. The majority of Americans favor marijuana legalization. It would put billions of revenue into our economy. The majiruana industry could be substantially beneficial in acts like: funding infrastructure, schools, military, and many more things. I think in this day and age it does more good with legal usage then wasting money locking up marijauna offenders. We could be taxing and making billions.
Why: Marijauana is a huge cash cow just waiting to be injected into our economy. It would help out substantially once its been legalized.
4. Paying artists through government programs (Economic)
I found this information in an article from ARTSY. The US government used to pay artists during Franklin Roosevelts New Deal. The Works Progress Administration would employ artist that showed they were impoverished but dedicated to their craft. I think this should be brought back today because there are thousands of artist that are creating amazing work and none of them make any money off of it. If we were able to give these individuals money they could help stimulate the economy and it would also make for a more beautiful world.
Why: I am personally an artist myself. I believe that a program like this would help countless people out. It would be amazing to see so many talented people get paid for the work they create. This opportunity could help countless lives.
I found an article on this prison reform situation in the LA Times. Kim Kardashian has recently met with Donald Trump to discuss these issues and although she is no where near qualified to speak on such matters, it does show that there is an interest and opportunity in this area. I think when prison reform is all over the news and becoming such a huge talking point with celebrities and such, it shows that there is an opportunity for change in this aspect of regulation. I think individuals locked up for petty crimes and the American people are most likely customers of an opportunity like this. It helps bring fathers home to families and it helps keep our prisons free for more serious criminals.
Why: I have seen in my lifetime countless numbers of people locked up for petty crimes and foolish things that both: waste tax payer dollars and flood our prisons unnecessarily.
2. Gun Laws need to be stricter (Regulatory)
I found my information from an article in Time Magazine. Many gun owners and even a majority of NRA members are for stricter background checks when it comes to firearm purchases. This is a clear opportunity because people are dying and it would be nice to figure out a solution to this issue. America has been plagued with gun violence and in recent years the rate of these tragic mass shootings have escalated.
Why: We have literally had two of the worst mass shootings in history take place in our state less than 2 years apart from each other. Maybe trying for some kind of gun reform might not be a bad idea. Also some parts of Chicago are damn near a war zone and that shouldn't be happening in the US.
3. Legalization of recreational marijauna use (Economic)
I found an article on the legalization of recreational marijauana in the Business Insider. The majority of Americans favor marijuana legalization. It would put billions of revenue into our economy. The majiruana industry could be substantially beneficial in acts like: funding infrastructure, schools, military, and many more things. I think in this day and age it does more good with legal usage then wasting money locking up marijauna offenders. We could be taxing and making billions.
Why: Marijauana is a huge cash cow just waiting to be injected into our economy. It would help out substantially once its been legalized.
4. Paying artists through government programs (Economic)
I found this information in an article from ARTSY. The US government used to pay artists during Franklin Roosevelts New Deal. The Works Progress Administration would employ artist that showed they were impoverished but dedicated to their craft. I think this should be brought back today because there are thousands of artist that are creating amazing work and none of them make any money off of it. If we were able to give these individuals money they could help stimulate the economy and it would also make for a more beautiful world.
Why: I am personally an artist myself. I believe that a program like this would help countless people out. It would be amazing to see so many talented people get paid for the work they create. This opportunity could help countless lives.
Hey James, I think this was a great post, I wrote about how medical marijuana can be beneficial to people who are in need, and also how it can help the economy grow. I think that more and more people every day are starting to see that it is not truly a harmful drug and if used right, it can help people improve their health. I also enjoyed how you touched up on having a more strict gun policy. With that has been happening there is no reason why kids and teens should have access to guns like that. It is too easy for people to get guns and especially if they are not mature enough to use them. Great post and good luck on the rest to come.
ReplyDeleteI enjoyed reading your blog James, many of your ideas are similar to mine. I also wrote about the mass legalization of marijuana and how it could effect the economy in a positive way. Your are also right about gun laws. People need to understand that the government doesn't want to take their guns, it's about having better laws and restrictions, so those people who aren't mentally capable can't use them. It's honestly sad that in this century we would have to fight like this, and not be civilized enough, so innocent won't die.
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