Bankruptcy

 HARRISBURG IN TROUBLE

Harrisburg, Pennsylvania voted on the protection of the bankruptcy. However, during the process several important figures called that the action was illegal. In order to protect the bankruptcy, there was no way to protect it because it was against the law to protect. The State Senator Jeffrey Piccola said "Rather than wasting precious time on illegal filings and engaging expensive attorneys, the majority of city council should be...working with the mayor and the commonwealth to resolve this crisis."
Nevertheless, these oppositions there were people arguing that the council does not have the authority to file for the bankruptcy. The ratio of the vote was 4 to 3 which was beneficial for the council.
It says that the city of Harrisburg maintains an amount of huge debts looking at the history. That is why this has became a battle against the council and the citizens. 
The state ordered Harrisburg to solve with the problem of the debt, but they rejected it. That is why they are starting a new senate vote in the state of Pennsylvania. The taxpayers of the city will soon reach the saturation level in what they can pay," wrote the council members in the column.This brings up the subjects in Economy. In class we learned that demand and supply curve shifts are occurred by several reasons. And in this article it shows one reason which is the debt of a state. Through the debt, Pennsylvania will have a huge amount of decrease in every other of their supplies and demands. This will give a huge impact to the states citizens, and effect the economic matters of the state, which will be an issue of th America to solve.

The Magician of the Silicon Valley

This is not an article,but it is a video about Steve Jobs. This article talks about the opportunities the Silicon Valley produced throughout the efforts of Steve Jobs. It says that he was the magician of the Silicon Valley. Throughout the video it explains that Steve Jobs also had slumps that resulted into one of the worst CEO, but later on something transformed his life, and he became one of the best CEO's in the world. In his life time the greatest things that happened to Steve Jobs was the speech he gave in the Stanford University. However throughout his producing it showed a lot of features about the economic part.
The law of supply and the law of demand were shown throughout his producing. If the device of the product went of the demand for the product goes up, and several other factors such as technology, other products costs showed a shift in the graph of supply and demand curves. This shows the significance of the products popularity.