Biggest problem in america is the economy Essay Example for Free

Biggest problem in america is the economy Essay Unfortunately, this topic has now been politicized, which means that you cant talk about it without being instantly cheered or jeered by fans of each respective political team. But the economy is much more important than this years election or either political team. There are several factors that have come together to produce a frustratingly weak economy that has persisted in the United States for more than a decade. One of those things are Globalization. It opened up a vast pool of billions of workers who for way less than Americans because theyre desperate. This messes up everything, it has resulted in companies shifting formerly middle wage paying jobs overseas. Another is Technology it has continued to increase productivity, allowing companies to do more with fewer employees. These and other factors have contributed to the most radical redistribution of wealth that the United States has ever seen. Since the late 1970s, the countrys assets and income have moved steadily from average Americans to the richest Americans. This has created a society with more extreme wealth inequality than we have seen at any time since the 1920s. Fairness aside, the problem with this state of affairs is that it leaves hundreds of millions of American consumers the real engines of the economy with little money to spend. With consumers having little money to spend, businesses suffer. As businesses suffer, they look for ways to cut costs. And this, in turn, hurts employees (consumers) even more. One thing to keep in mind as we think about how to fix this state of affairs is that this is not an era in which everyone is suffering. Everyone is not suffering. Big companies and their owners and senior managers are not suffering. They are doing great. Big companies and their owners and senior managers, in fact, are doing better that the have done at any time in  history, at least judging by the amount of profit they are producing. Its everyone else who is getting hosed. Now, in the current political environment, you cant make an observation like that without being pegged as an anti-business socialist or communist. So, its important to emphasize that there is nothing anti-business about this observation. I just dont believe that great businesses exist solely to capture profits and steer cash into the pockets of their owners. When a free-market economy is functioning well, as the American economy did for most of the 1950s, 1960s, 1980s, and 1990s, the benefits of the system accrue to all participants, namely: Owners and senior managers Customers Employees Society at large When the system gets out of balance, however, the benefits begin to accrue disproportionately to one or two of of the constituencies at the expense of the others and thats the situation were in now. The benefits of our free-market capitalist system which, by the way, is the best economic system on the planet, by a mile are accruing disproportionately to owners, managers, and customers, at the expense of everyone else. If we actually want to put some effort into fixing our economy, we have to fix that. Specifically, we have to persuade companies and their owners to hire more employees and share more of their immense wealth and profits with them. Most importantly, companies dont need to do this just for altruistic reasons (though no one would object if they did). If enough companies do this, they will not just help their employees. They will help their future sales growth. Because their employees and customers, the American consumers, will then have more money to spend. Bibliography sources Internet†¨Online ads Encyclopedia

Teen Marriage Essay -- Argumentative Persuasive Relationship Essays

Teen Marriage What is marriage? Marriage is â€Å"the institution whereby men and women are joined in a special kind of social and legal dependence for the purpose of founding and maintaining a family† (Marriage 729). The fact is, marriage, to most of society, is something much more than that. To some, marriage is the uniting of their souls; to others, it is merely an escape from their fear, their pain, and their agony. The sad truth about it is that many of those marriages will end in divorce. So how do couples know if what they have will last forever? It is impossible to know for sure. No one can tell them that they definitely have what it takes to make a marriage last. Marriage is about compromise and understanding. It is also about give and take. If one party in the marriage is unwilling to give, and only takes, the marriage will be short lived. Statistics show that in 1998, 2,256,000 couples became married, and 1,135,000 couples became divorced (Fast 1,2). For every two couples getting married, there is one that is getting divorced. In fact, half of ALL marriages end in divorce (Ayer 41). That is a sad reality to face. Those percentage rates increase as the age of the participant’s decrease. It seems these days, fewer and fewer teens between the ages of 14 and 18 are getting married. This is a change for the better. Teens are usually not prepared for marriage. Marriage comes with many responsibilities; most of which teens are not prepared to handle. â€Å"Early marriage, though possessing certain inherent dangers, is widely practiced in contemporary America† (Teenage 1). Even if teens feel they have the potential for a lasting marriage, they should still wait to become married. One of many arguments against this is that if the teens feel they are â€Å"destined† to be together and they wait to become married, there is a strong potential for pregnancy before marriage. However, just because teens wait to become married does not mean that they wait to share the privileges that married couples share. Today, sex before marriage is widely practiced. Many couples, who are not even considering marriage, have sex. Chances are that if a teen couple is thinking about marriage, they probably have already had intercourse. Allowing the teens to become married would only encourage sex before they are fully prepared to handle the responsibilities that come ... ...ociety; we do not need teens, which are not ready for marriage, to be married. Marriage is all about compromise, understanding, and give and take. Teens have not fully grasped that concept yet. They need to experience more in life before becoming married. They are missing out on so much; it is truly not worth it to rush into marriage. Works Cited Ayer, Eleanor H. Everything you need to know about teen marriage. 1st ed. New York: Rosen Pub. Group, 1990. "Fast Stats A to Z." [online] Available http://www.cdc.gov/nchs/fastats/ default .html, March 7, 2001. Holt, Chatal Danino. "The three R's of Relationships." [online] Available http://www.aboutyourmarriage.com/communicating/article/ three_r.html, February 12, 2001. Holtrop, Holly. Personal interview, March 12, 2001. "Marriage." Webster's Ninth New Collegiate Dictionary. 1991. "Teenage Marriage: weigh it carefully!" [online] Available http://www.bible .ca/ f-teen- marriage.html, February 14, 2001. Tobin, Dr. Michael. "Personal Responsibility." [online] Available http://www. aboutyourmarriage.com/columns/drtobin/responsibilities.html, February 7, 2001.

What You Pawn I Will Redeem Response Paper

â€Å"What You Pawn I Will Redeem† (Response Paper) â€Å"What You Pawn I Will Redeem† by Sherman Alexie is the story of the mission of the humorous character of Jackson Jackson. Jackson Jackson is a homeless Spokane Indian in search of money to repurchase the regalia that was stolen from his grandmother about 50 years ago. He embarks on a journey to collect 999 dollars, the amount of money the pawnbroker is willing to sell the regalia for. Throughout this journey, the humorous character of Jackson Jackson unravels to reveal a man of culture.Although Jackson has left Spokane to attend college in Seattle, his Indian culture remains an important part of him. He constantly speaks of his Indian beliefs, ways, and customs. In the opening sentence, Jackson immediately acknowledges that he is Indian and differentiates his race from â€Å"hungry white folks† (8). As the story progresses, he uses many other statements to distinguish his race; he explains that Indians â₠¬Å"don’t want to be perfect, because only God is perfect† (11). This distinctive Indian belief is used to prove that the regalia indeed belonged to his grandmother.Jackson’s culture also proves to play a substantial part in his decisions in regards to the money he needs for the regalia. Whenever he happens to gather a bit of money, it is always squandered almost immediately after, due to Jackson’s over-abundant sense of generosity. After winning one hundred dollars from a lottery ticket, he gives a fifth of it to Mary, the cashier in the Korean grocery store. At first, Mary refuses, but Jackson insists that it is, yet again, â€Å"an Indian thing† (18). His cultural sharing tendency also leads him to spend the remaining eighty dollars on whiskey shots for everyone at the bar.One can say that his decision was driven by alcoholism as well as ignorance, but the sense of family among those of his own race also impacted him when he decided that â€Å"[h e] and his cousins [were] going to be drinking eighty shots† (18). Clearly, Jackson’s Indian nationality not only distinguishes him from the white people of Seattle, but also makes a large impact on his actions and his decisions. Nevertheless, Jackson is not solely defined by his title of â€Å"a Spokane Indian. † Although his culture drives many of his actions, redemption also plays an important role in making up Jackson’s character.At first glance, the short story is about a man striving to repurchase his grandmother’s old regalia. However, if one looks deeper, the regalia may symbolize redemption, hence the name, â€Å"What You Pawn I Will Redeem. † Jackson’s hidden objective is to bring his grandmother back to life, or at least redeem some part of her. By redeeming a part of his grandmother, he is able to redeem a part of his home in India. Jackson’s longing to redeem his home in India also contributes to the theme of a lack of a place to belong. Jackson can be considered homeless both physically and symbolically.Because he does not have the financial means to provide shelter for himself, he is physically homeless. Jackson is also homeless symbolically, for he cannot find a home in society. He flunks out of his college, losing a place in the campus, and he ruins his attempts at marriage, losing his partner in life. In the beginning of the story, Jackson holds a place in the community of the homeless Indians, and he considers them â€Å"[his] teammates, [his] defenders, [his] posse† (9). However, he soon finds that one member of the group, Rose of Sharon, has left and hitchhiked back to Toppenship to live with her sister on the reservation.Later, he realizes that another member of his group, Junior, has also left and hitchhiked down to Portland, Oregon. When Jackson visits the Indian bar and befriends Honey Boy and Irene, he finds that at the end of the night, they too have disappeared. Finally, the Aleut cousins, also homeless Indians, disappear as well, said to have either drowned or disappeared north. Jackson’s status of a loner in society is further solidified as one by one, his â€Å"posse† (9) disappears. In conclusion, Alexie’s short story illustrates a cultural character looking for redemption, as well as a home.

Us Equities And Irrational Expectations. The Recent Behaviour

US Equities and Irrational Expectations The recent behaviour of US equities at such an advanced stage of an economic expansion should not be viewed as something unusual. There was a surge in stock prices in the late-1990s based on the ill-founded view that a supply-side improvement in the economy, founded on new information technology, would perpetually postpone the arrival of profit margin erosion. Investors consequently fell into the trap of believing that the benefits of technological revolution would be solely bestowed on the corporate sector, contrary to the experience of prior episodes where households had enjoyed the bulk of the benefits via lower selling prices. It comes, therefore, as no surprise that the bursting of the†¦show more content†¦The key challenges facing equity investors are, therefore, to correctly forecast what will be passed by the new Administration and when. Currently, nobody has a clue, but equity investors have still priced in the full and undiluted implementation of the Trump agenda. Given the high levels of bullishness since the election, US equities are particularly vulnerable if policy implementation fails to meet expectations. Will Disinflationary Forces Persist Longer Than Expected? The aggressive sell-off in bonds since the Presidential Election is being viewed as a textbook reaction to the economic proposals of the new Administration. Bond investors are taking the bet that any lingering deflationary forces will be truly banished and inflation will start to rise again. Inflationary expectations over the next 5 and 10 years in the Treasury Inflation Protected Securities market have risen by roughly 20 basis points since the Presidential Election, but their current levels are not significantly higher than the Fed’s 2% long-term inflation target. These expectations currently suggest, therefore, that disinflation, while less prevalent, could still linger powerfully enough over the next decade to prevent price instability. Bond investors are also assuming that the Fed will undertake the necessary policy measures to keep inflationary expectations well-anchored. Meanwhile, the Fed will also be paying attentionShow MoreRelatedWhat Contribution Can Behavioural Fi nance Make to the Explanation of Stock Market Bubbles and Crashes?2943 Words   |  12 PagesINTRODUCTION The phenomenon of Stock market bubbles is that the price of stocks has a sharp rise in a continuous process, the rise of initial price make investors believe that the prices will continue to rise, and then their probability-weighted expectations of gain attract more new investors. Moreover, the purpose of their trading is they intend to profit rather than to use it. 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