Jun 1, 2010

Spillage

Much has been written, and will continue to be written, about the BP oil spill in the Gulf of Mexico that continues on and on and on and.....

Almost immediately after the spill began the finger pointing and rush to place blame on someone or something started. No matter who or what is to blame, the bottom line is that the cost of this spill is going to be tremendous. It is going to cost many coastal residents their way of life, their careers and their homes. It is going to cost BP, and it's stockholders, huge sums of money. It is going to cost consumers when they go to the pump and grocery store. It is also going to cost wildlife their habitats.

This article would work great as a starting point to talk to your students about the role of government in our economy.