yelled at Kenny for coloring outside the lines! Megan and I
are starting to watch the same TV shows and I'm liking them!
I'm losing it!" - Jack Butler
Jack Butler is an engineer at a large automobile
corporation who gets 'downsized' in a period of rising
inflation and unemployment. In order to make ends
meet, Jack's wife Caroline decides to get a job herself,
leaving Jack to stay home and care for the kids. This leaves
Jack at home doing the housework and taking care of the
Moving from breadwinner to homemaker doesn't do much for
Jack's self-esteem as he discovers being domestic is a lot
more complicated than he ever imagined.
doesn't know where to pick up and drop off his kids at
school. He's not really sure about cooking for his family.
He starts projects around the house but never finishes. He's
watches a lot of soap operas, gains a bit of a gut, and
spends more and more of his time playing poker for
supermarket coupons with a gaggle of neighborhood
housewives. He's tempted to cheat on his wife with his
he's got this flannel shirt that he wears around the house
Meanwhile, Caroline's been hired as an advertising executive
by a large firm run by the shifty Ron Richardson.
She's working on the advertising account for Schooner Tuna
("the tuna...with heart!") and constantly being hit on by
her boss as her home life disintegrates under the
stewardship of her seemingly incompetent husband.
Will she leave Jack for the smarmy boss and make partner?
Will Jack succumb to the whims and charms of Joan?
Consulting your textbook, notes, and
Professor Meltzer's article,
discuss and give your opinion on the problems the Butler
family faces as an individual example of the economic crisis
in the United States in the 1970s. How do the examples in
the film fit Milton Friedman's
criticism of the long run effects of Keynesian policies?
According to Friedman, can the problems shown be corrected?
If so, how? Use the correct
economic vocabulary terms.
Write out your answers on the
Macroeconomics Blackboard Discussion Board no later than
midnight Sunday, March 11.