Identifying Opportunities in Economic & Regulatory Trends

Opportunity 1:
Climate Change is Causing More Natural Disasters

https://www.thebalance.com/top-usa-future-economic-trends-3305666

The food prices are rising as the weather becomes hot. Climate change can create random storms and flooding. When those disasters happen, there is a big loss for the economy in the country. There are some places in the country that has more losses than others. A good example is Florida. In the past year, there were many hurricanes in Florida. Farmers lose a lot of money when this type of disaster happens, and that is a big loss in the economy. I form the belief from experience. I have many friends that are worried about it, so I hear about it a lot and have to do stuff to try to change it.

Opportunity 2:
Baby Boomers Aren't Retiring

https://www.thebalance.com/top-usa-future-economic-trends-3305666

People are being forced to retire late because of the recession. People today want to find jobs or study something that will give them a lot of money, but also something that they will be able to retire early in life. With these older people having to wait to retire makes the younger people rethink their career goals because they will go through the same thing that old people are going through right now. So some jobs people do not really think about getting any more, and that is decreasing the number of workers. I formed the belief from experience. I have some of my older uncles going through the same problem that older people are facing right now.

Opportunity 3:
Sales tax

https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html

Now some states in the United States added the sale tax, there was something that some states did not have. That is something that is not in favor of the sellers because now everything that they sell they have to pay the tax. That just applies to some sellers, and it depends on how they are selling as well. It changes because they could sell in person or online. So seller have to be aware of the tax laws for the state where they live. I was searching for some news and I saw this opportunity that caught my attention.

Opportunity 4:
The US officially raises the tobacco buying age to 21

https://www.cnn.com/2019/12/27/health/us-tobacco-age-21-trnd/index.html

That is something that can change the life of many people, especially teenagers right now. Most teenagers have e-cigarettes, and with the increase in age, they will not be able to buy anymore, and that will decrease the selling. I found this article on the CNN website. I know about it because I have many friends that are talking about the problem.

Comments

  1. Jake NormanFebruary 10, 2020 at 1:32 AM

    Hey Emanuely,
    I found all four of your articles interesting. I too used the tobacco buying age law as well. I think it is a relevant topic, especially to college students. Also, your choice of writing about climate change and baby boomers not retiring is relevant to everyday life. I was unaware of the recent sales tax! I appreciate the relevancy of your topics.

    ReplyDelete
  2. Alex ChuilliFebruary 10, 2020 at 10:41 AM

    Hey Emanuely,
    I found all of your articles very interesting, but I enjoyed reading the one about climate change the most. I also believe it is time to start paying more attention to climate change and coming up with ways to combat it. The tobacco buying age article is also very relevant especially with the previous juul craze that hit high schools and colleges. I never knew some states didn't have sales tax and found that very interesting as well as boomers not retiring. Good choice of articles.

    ReplyDelete

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