Friday, October 31, 2014

Latest Giants World Series Is Mercifully Nearing An End - Forbes.com

http://www.forbes.com/sites/tomvanriper/2014/10/28/latest-giants-world-series-is-mercifully-nearing-an-end/


Through five games, the 2014 world series have some of the lowest ratings is the history of baseball. This world series is down 5% down from the Giants World Series in 2012. For some reason people do not tune into watch the Giants in the World Series. 2010, 2012, and 2014 all had the Giants playing in the World Series. Those three World Series were the three lowest World Series ratings of all time.

Seven-game World Series’ have been rare in recent years. The most recent one came in 2011 when the Cardinals defeated the Rangers. Before that, the last Series to go the distance was the 2002 match up between the Giants and Anaheim Angles, which did an 11.9 TV ratings. There is no denying that World Series that go to seven games get better TV ratings,

Statistics have shown that baseball has become one of the less popular sports.For one thing the NBA and NFL are becoming more and more popular. The same can not be said about baseball. Don't get wrong, baseball is still a very popular sport, just not as much as it once was. One thing that keeps fans coming to the games is the price of tickets. Because MLB tickets are much cheaper than NBA and NFL tickets (we're talking averages) people are still willing to go. 

NFL London franchise could be 'worth more than £100m' to UK - BBC.com

Sources say that the two NFL games at Wembley in 2013 brought in 32 million pounds for London. In 2016 the NFL is expected to play four games in London. Those four games are expected to bring in an estimated 58 million pounds for London. The main goal for London is to have a NFL franchise by 2022. A franchise in London would bring in an estimated 102 million pounds for the city. With rates of income tax lower in the US than in the UK, a London team would cause problems for the league and its relationship with the NFL Players' Association.The NFL operates under a collective bargaining agreement between the team owners and the players which limits the total amount each team is able to spend, but also sets minimum salaries based on each player's time in the league. 
I think a NFL franchise in the NFL is a bad idea for a number of reasons. Teams located in America are not going to enjoy flying over seas to play an NFL game. The London franchise will be completely isolated from all other teams in the NFL. Most NFL players are from America, whose families live in America. Being away from their families might give the better players in the NFL an incentive not to play for the London franchise. With income tax rates higher in the UK, I would expect that the franchise in London would have to pay their players more. I do not see an NFL team doing that.

http://www.bbc.com/sport/0/american-football/29813017 


Tuesday, October 7, 2014

The U.S. Debt: Why It Will Continue To Rise - Forbes.com

America has the largest debt burden in the world. Japan is the world’s fourth largest economy (measured by GDP), has a debt-to-GDP ratio of 227%. This is the highest ratio in the world. The U.S. has a debt-to-GDP ratio of 101% which is not bad in comparison to Japan. 

Japan’s debt is approximately $13.4 trillion; however, its economy is only one-fourth the size of America’s.Japan’s debt-to-GDP ratio is more than two times greater than America’s, this indicates that we are far from the total amount of debt we can handle.

Japan is able to handle their huge deficit compared to the size of their economy, this gives me hope that America can handle debt upwards to 30 trillion dollars. Debt in this country seems like it will never stop growing. In this next couple of years it definitely will not. I think the government and people should really start worrying when the debt reaches 25 trillion dollars. However, action needs to be taken now in order to reduce the deficit. If the deficit does happen to reach 30 trillion dollars we will still be okay, but it will be almost impossible to get back to even.

http://www.forbes.com/sites/mikepatton/2014/09/18/the-u-s-debt-why-it-will-continue-to-rise/

Monday, October 6, 2014

UK debt and deficit: All you need to know - BBC.com

In January, British Chancellor George Osborne claimed the national debt has fallen 1/3 since 2010.  Recent studies have shown that this is false. UK's debt has been doubled to one trillion pounds in the last five years.The Office for Budget Responsibility says the deficit will keep rising. 

The Government's tax revenues are not enough to fulfill the counties large spending habits, so every year Britain runs a large budget deficit. The money the UK can't raise from taxation needs to be borrowed. Every year, this budget deficit is added to the national debt. The UK is dealing with the same problem America is. Although many citizens strongly dislike being taxed it is essential to get out of the massive amounts of debt. 

In 2009-10 the Government spent £671.4 billion of tax payers money, despite tax revenues of only £496.1 billion. Defense is fifth the most expensive area of spending. They only spend 36 billion pounds on defense. With the defense budget this low I'm surprised to how much debt they are in. In America we put aside most of our budget for defense.


 www.bbc.co.uk/news/business-25944653