Farming No Longer Attracts the Young

 

Farming might be the oldest profession of mankind, yet it has been looked down on since the average person takes the food he or she consumes for granted. As if it is something that is made in a factory just like any other consumer product.

However, farming consists of so many factors, without which food cannot be brought into the market. It is not enough for a farmer just to combine soil, water, seed, and fertilizer; it needs good climate conditions and, most importantly, good care in a timely manner.

Although most of the farms are equipped with the latest farming tools and machines, human meddling still plays a big part. Old-school family farms and ranches still operate by hand and need a human workforce.

In today’s world, most of the farm work is considered back-breaking work, which has no appeal to the young high school graduates. Such a job would be deemed dirty and physically demanding. Farming has this negative image in the eyes of today’s youth, which discourages them from working at farms.  

Life in rural areas might also be another obstacle behind their hesitation. It might get pretty boring since most rural towns lack basic facilities such as gyms or cinemas.

If we want a sustainable and cheaper food supply in our country, we must make sure that farms operate with full capacity. The workforce necessary to run these farms must not go down because of a disdain towards tough farming practices and unfavorable rural conditions. We must destroy the negative image of farming and turn it into something that is both attractive and lucrative.

Government Spending: Good or Bad

 

The government is involved in the economy in many ways. It sets the rules and regulations that any endeavor must adhere to. However, the government’s most discernible involvement comes in the form of spending. How the government spends its money directly influences economic parameters. The government can create jobs by increasing expenditures in times when unemployment is widespread. It can cut down on expenditures to cool down the economy in times of high inflation.

Spending can have huge implications for any economy since government budgets have the capacity to fund even the largest of projects. Building a dam or a highway system costs so much that only the government can invest in those projects and finish them in the foreseeable future.

Governments often use this instrument to tinker with the economic outlook, which economists call "fiscal policy". Fighting economic evils like unemployment and inflation in bad times while helping the demand boom when total output does not seem to hit its potential.

However, there are some downsides to such interventions, which can prove detrimental to the nation’s economy in the long run. Spending by the government is financed by taxes. Therefore, governments need to increase their revenue by levying more taxes on citizens. Another negative aspect would be the higher inflation scenario that occurs if the government chooses to finance its spending by printing money instead of taxes. Excess money circulating in the economy does have inflationary effects, which spoil citizens’ welfare.

Government spending is a valuable tool if it is used wisely by the authorities. Handling it improperly has fatal implications.