Macro economics Essay Example | Topics and Well Written Essays - 1500 words

Macro economics - Essay Example Underemployment and unemployment has had very damaging effects to the social and economic fabric of Europ. Underemployment is an immense social evil and a colossal economic waste. Unederemployment leads to an enormous degree of personal hardship and misery. It also destroys familial relationships, breeds racism and sexism and paves the way to social disintegration. Undermployment is the primordial factor for the alarming growth of inequality and poverty. The aggregate expenditure of the United States in the 1980s were focused on pension provision, education public works, defense spending and healthcare. Education expenditure in most developed countries constitutes 6% of GDP. Private expenditure in education adds two/thirds of a percentage point. United States private spending in education equals 1.6% of GDP. Higher levels of education expenditure reflect the importance attached to education at the policy level and also at the individual levels. Education is helpful for economic and social progress. Between 1970 and 1988 real spending in education had increased by 50% in the US. Numerous public works projects show a favorable benefit-cost ratio. Lifestyle improvements in transportation and communications help citizens enjoy a better lifestyle. Defense expenditures help protect democracy in America and around the world. A portion of the aggregate expenditure also goes to the payment of interest on the national debt. As a result, consumption outlays usually dominate the Federal budget and state budgets. (Joyce and Mullins, 1991) B. DISTRIBUTION OF US AGGREGATE EXPENDITURES The table indicates that, as a component of total state spending, state education and health/hospital spending have experienced a slight relative increase over time, while highway spending has declined dramatically, and public welfare spending has experienced a large relative increase. For local governments, the shifts have been toward health and hospital spending and away from education, highway and public welfare spending.The state's share of total spending has increased slightly overall. State spending on education and public welfare has increased significantly over the 23 year period since the 1970s. The expenditures for capital outlays, health and hospital spending, and highway spending has diminished. In addition, the state share of revenue and taxes should decline, as should the state share of expenditures. There are shifts for states with in four areas: 1) state taxes as a percent of total state general; 2) state aid to local government as a percent of local general revenu

Compare And Contrast ISIS To The KKK Essay Example for Free

Compare And Contrast ISIS To The KKK Essay How many innocent people have to die? â€Å"After the bombings on ISIS from the USA, they have beheaded two American journalists as a direct result of the bombings. They claim they were â€Å"acting as a direct result of your transgression towards us!† ISIS has also vowed: â€Å"WE WILL NOT STOP UNTIL WE QUENCH OUR THIRST FOR YOUR BLOOD.†, Says hub pages articles. The Islamic terrorist group and the Mexican Cartel are similar in some ways, even though they might be from different countries or states, they still have several similarities, such as, both of these groups; kill, and want money. When people think about some of the similarities that the Mexican Cartel and ISIS have in common, you probably think; blood, death, terror, and war. It is well known that the drug trade in Mexico represents one of the biggest industries in that country, accounting for as much as $991 million dollars per year. If- as some have estimated (Chabat as cited by à nderson 2007) drug trafficking is one of the ten most important industries of the country, a serious analysis should be undertaken before dismembering it. â€Å"Sinaloa is and has always been a state where the money comes from drug traffic. Where else can it come from? The fishing and agricultural industries are broken. We cannot even get money from the mineral industry because people do not want to work there anymore. Drug smugglers pay miners ten times more just to take care of drugs ().What are we going to do if there is no other place to get money?† says the writer of an article, Viridiana Rios, from Harvard university. Both groups are menacing, but the ISIS group is far more dangerous, because they are way more violent, and have a direct goal to meet. The Islamic terrorist group ISIS has more difference than they do similarities. The Mexican Cartel assassinates people for their money, and drugs. ISIS assassinates people, just because they do not get  what they want, as in, they do not get people to believe in what they do, and they do not get the power that they want. These drug armies have spread their dastardly trade throughout Mexico and into many other countries in Latin America (Mexican Cartel). Isis, on the other hand, still keeps on spreading across Iraq and Syria. This terrorist group lead by a former Bin Laden confidant, said to be working with Yemeni bomb-makers to target U.S . aviation. The Mexican Cartel, however, is led by Hector Beltran Leyva, the leader of the Arturo Beltran Leyva drug cartel. ISIS started off back in 2013, out of a garage of a college dropout known as, Abu Musab al-Zarqawi. The group ISIS wants to restore caliphate. Caliphate is an Islamic state under the rule of a community of religious scholars guided by a supreme leader, the caliph or khalifah, which is generally taken to mean the successor to the Prophet Muhammad. ISIS wants; territory, money, power, followers, and revenge toward the United States, because ISIS came about from the aftermath of the U.S. going over to Iraq and their leader, himself was a U.S. captive and was imprisoned for several years. What may come to mind, when you think of the two groups are; assassinations of innocent people and children, hostages, and the torture that these people might be going through, without them knowing what is really going on. This world really cannot stand having either one of these groups. Fifty-seven countries have already united to stop this terrorist group called ISIS. The states included are; Russia, Iraq, and the United States. CNN reporters say,† the United Stated is doing what it must take to †take the fight to terrorists,â₠¬ Ã¢â‚¬  leading a coalition of Arab nations in a series of airstrikes against the so-called Islamic State of terror group in Syria, U.S. President Barak Obama said Tuesday. The United States really does not want to deal with Syria, so instead of calling this Islamic terrorist group ISIS, they call it ISIL. I really do not understand why they do this, if they can see what is really going on in Iraq with ISIS. What makes this group Islamic is not the fact that they so-call themselves Islam, but the fact that they invented another version of the religion Islam, with a lot of violence and murder. There are so many questionable things going on in our world today. One thing there is without question, terror needs to end. Children who are living in Iraq cannot play outside, because of an Islamic group that is terrorizing the people of that country, and it is really hard to comprehend. When, you  turn on the television and see the news flash, â€Å"Islamic terrorist group just assassinated five people in Iraq, during the past week, not one survived†, and a few seconds later, â€Å"Mexican Cartel has assassinated about twenty people during the past yea r and a half†, it makes one question, the war on terror. One thing is certain, our future begins, where terror ends.

adam smith Essays -- essays research papers

Adam Smith And Jean Jacques Rousseau ADAM SMITH AND JEAN JACQUES ROUSSEAU. Adam Smith(1723-1790) and Jean Jacques Rousseau(1712-1770) each provide their own distinctive social thought. Smith, political economist and moral philosopher, is regarded as the father of modern economics. Rousseau, a Franco-Swiss social and political philosopher, combines enlightenment and semi-romantic themes in his work. Thus Smith’s work places emphasis on the relationship between economics and society, whereas, Rousseau focuses his attention on the social inequalities within society. Therefore, Smith and Rousseau, of the Scottish and Continental Enlightenment respectively, provide unique insights on their existing society. Adam Smith is one of the main figures in the Scottish Enlightenment. Smith’s main concern was the establishment of the free market, as laid out in his work â€Å"The Wealth of Nations†(1776). In the â€Å"Wealth of Nations†, Smith is very critical of the division of labour. The emphasis falls equally on the economic and social consequences of the division of labour(Smith, 1998:26). Moreover, â€Å"What is significant about the contribution of the Scottish Enlightenment to Sociology is the clear awareness that society constituted a process, the product of specific economic, social, and historical forces that could be identified and analyzed through methods of empirical science. Society was a category of historical investigation, the result of objective, material causes†(Smith, 1998:26). Smith...

Essay 2

The Changes of Life Love, relationship, and sacrifice are very common in a relationship between two people. In the short stories of â€Å"Tommy† by Kelly Ruth Winter and â€Å"The Night of Oranges† by Flavius Stan shows these themes that the characters go through. However, there are also differences between the two stories and how they interact with their loved ones. For instances, Winter continued in love with Tommy throughout her life and Stan shows his love for his brother by buying a gift for him on Christmas.It shows their sacrifice they made to prove their love for them. Winter and Stan both expresses their love and sacrifice yet they displayed it in a different way. The stories â€Å"Tommy† and â€Å"The Night of Oranges† are about love and relationships. However, in both stories the characters have a different relationship. In â€Å"Tommy† the relationship between the characters are a boy and a girl love. When Tommy was eight years old, he e xpresses his feelings toward Winter by tapping his shoes to make the sound â€Å"I love you† (Winter 27).In â€Å"The Night of Oranges† the relationship between the characters are fraternal. Stan shows his love for his brother by buying oranges for him as a gift for Christmas. When Stan hears that there were oranges that are selling at the market he thought he wanted to do something important and give his brother a big surprise (Stan 31). The characters in both stories are very loving towards their loved ones and would do anything to make them happy.

Maple Leaf Foods

Maple Leaf Foods – Communication Strategy Analysis Post Crisis Introduction to Maple Leaf Foods: Maple Leaf Foods Inc. is a prominent food processing company headquartered in Toronto, Canada. Foods holds its motto as commitment to food safety, stating that its meat processing facilities are federally inspected and meet the highest standard for food safety. Its major business is processed pork and includes brands such as Squirrel peanut butter and Black Diamond cheese. In the year 2008, its employee base was 24000 and recorded sales of $5. 2billion. Details of Product Crisis: In 2008, the Canadian Food Inspection Agency and Public Health Agency of Canada identified a strain of L. monocytogenes (listeria) in MapleLeaf Foods products. Consumption of food contaminated with Listeria causes a rare illness known as Listeriosis, the symptoms of which include fever, muscle aches and sometimes nausea and diarrhea. In the more severe form, symptoms also include collapse and shock. Causes: Bacteria were traced to the slicing equipment at Maple Leaf’s Bartor Road plant in Toronto. The regular sanitization had not cleaned the equipment properly allowing the bacteria to grow to high levels of concentration that cause illness. The bacteria ended up in deli meats, which were largely distributed to nursing homes and hospitals. Impact: The Listeria case impacted Maple Leaf Foods in the following ways: * Societal Impacts will include public cost, medical cost, low productivity, foregone income, psychological impact, etc * Firm-level Impacts will include product recall, clean-up, reputation, tarnished brand image and fall in share price * Industry-level Impacts will include loss of consumer confidence, fall in demand, loss of export access and damage to product to product category Post-crisis communication strategy: The communication strategy was adopted as per Seymour and Moore’s 5Cs of communication framework, as explained below: * Care: Company’s senior management was completely approachable during the crisis. Unconditional apology and unequivocal responsibility was offered by president- Michael McCain. The company released backgrounders, fact sheets and FAQ documents demonstrating care for its key stakeholders. It also released an apology video, empathizing with the affected customers. * Commitment: Displayed commitment by initiating a widespread recall and well-publicized sanitations of affected plant. Communicated details about the bacteria, post-contact information both online and through traditional media sources. The company assembled a consortium of industry leading food safety experts to advice on operational enhancements. * Consistency and Coherence: All messages were consistent assuring food safety and the well-being of its consumers. The company launched an external company blog to maintain a direct and candid conversation with interested Canadians. McCain proved to be an ideal spokesperson who clearly explained the company’s position as well as the actions the company enacted to remedy the situation. Clarity: Came up with the following innovative media campaign:-â€Å"Passionate people, passionate about food† to restore their image. They repositioned themselves as the experts on Listeria and global leader in food safety. They also launched a national Listeria education and outreach program exploring the issues related to this illness. Conclusion: The company ’s 5 C communication framework helped recover consumer confidence. The post-crisis communication was open, effective and credible. Therefore effective communication plays a pivotal role in regaining consumer confidence.