Once more into the fray...

College student, suits, fratty things, random things that brighten my day and, of course, a touch of porn. My blog is my escape from my boring, politically correct life. It looks into my mind which locks away my smallest thoughts. But yeah, totally normal guy. Try to get to know me and enjoy the trip up the mountain.

Finance

Also, if private saving is the portion of households income not used for consumption or paying taxes we can assume that:

Y(GDP)-T(tax)-C(consumption) is private saving.

Public saving is tax revenue minus government spending represented as T-G.

National savings are private + public saving so it is condensed into Y-C-G after variables cancel out.

If we Remember that GDP (Y)=C(consumption)+(Investment)I+G(government spending)+NX( net exports which equals imports-exports) we can solve for “I” and find that:
I=Y-C-G. Savings = investments.

A budget surplus is excess tax revenue over government spending. This is represented as T-G.
It equals PUBLIC SAVING.

Likewise, a deficit is G-T which translates to (-) public saving.

What I am getting at is we have a civic responsibility to save money. Consumption is 70% of the US GDP whereas Investment (savings) is only 13%. But smart and save SOME money.

It’s our civic responsibility and we can no longer blame the government. Just some food for thought.

Life

Despite a 19 hour course load, heavy involvement with SGA, the pressure to get an internship, and the pressure to lead my fraternity as a sophomore life is good. I am blessed and I could not ask for a better life. I am surrounded by people that care about me and it makes me feel as if I am invincible. The future isn’t a question but a goal; a goal to rise above all others and succeed. Despite the fact that this is my second all-nighter life is good. Don’t forget about family and friends because they are the ones you have when all else fails.

Stay classy.

P!