The Current Macroeconomic Situation of the US Essay Example for Free

The Current Macroeconomic Situation of the US Essay In the recent years, the US economy has gradually improved. However some areas such as the housing industry have still remained negatively affected. The following paper will discuss some of the causes that led to the crisis and what the Federal Reserve should do to address the affected areas. Introduction Despite the improvement in the US economy, there is still a decrease in interest rates, depreciation of currency and unstable markets due to fluctuations. The current debt loan of the US is also big and may lead to depression of the economy resulting in minimized growth. This is mainly caused by low interest rates which encourage borrowing for the business sector and the consumers looking for homes. In order to service these loans, the government relies on foreign aid. Current Situation The current recession and economic crisis was however majorly caused by the increase of subprime adjustable rate mortgages issued, the decrease in prime mortgages issued and the made up collaterized debt obligations. In addition, bank loans were offered to people who expected an increase in housing prices leading to their default. Moreover, supply and demand, inflation due to an increase of oil market prices which led to the increase in price of some basic commodities, money supply and GDP which influence the economy were significant causes (Tyler, 2010). Thus, the US economy is still undergoing financial crisis as a result of these decreasing interest rates hence the zero interest rate bound and the major increases in government spending. This leads to the discussion of money printing against bond financing which arises since the latter creates fears of inflation. The current situation consists of a â€Å"money multiplier† which is influenced by the ratio currency/deposits and reserved/deposits. The public is practicing the C/D more by keeping money in the mattress while the banks exhibit the R/D through their preference to cash than loans and investments. US Congress and the Federal Reserve The US congress and the federal government should improve the international market in order to improve the GDP and attract more investors. Additionally they should lower interest rates in borrowing to attract the public to buy housing units (Liu, 2010). Once, the interest rates hit zero the federal government should increase the monetary base by purchasing bonds unlimitedly since it cannot be negative. This is because highly positive interest rates rely on deflation (Lemgruber, 2008). ? List of References Lemgruber, A. C. , 2008. A Monetarist Analysis of the US Macroeconomic Situation. Emerging Markets Ecomonitor. December, 7. Liu, 2010. Feature: To End or not to End. August 15. Retrieved from Xinhuanet: http://news. xinhuanet. com/english2010/indepth/2010-08/15/c_13445774. htm on August 15, 2010. Tyler, 2010. The Current Macroeconomical Situation and the Global Recession: The Cause of The Current World Crisis. Armchair Economics. March, 24.

Free Narrative Essays - Transcendentalism :: Example Personal Narratives

Transcendentalism A whole month of being nice. From the start, I didn't think it was even humanly possible. Although I always try my hardest to be pleasant, I'm sarcastically witty by nature. This project, no matter how inspirational and uplifting it could be, would decidedly be no walk in the park. Nevertheless, I decided to persevere. Even if I ended up being a complete Transcendental failure, maybe I'd still learn something along the way. On the first day, I went for about twenty minutes before cracking a joke at my best friend. It wasn't anything out of the ordinary for me, but I actually stopped and thought about the possible consequences of my actions. Breakthrough! I went for another twenty minutes, most likely, before making some sort of snide comment, though. Oops. In the month of Transcendentalism, I kept a journal. I made a "Transcendentalism fact sheet" and thumbtacked it to my wall. I may not have tried my hardest every day, but I made an honest attempt. Overall, in a whole month, I may not have been completely successful in becoming Transcendental. Depending on whom you ask, I may not have even made much progress in becoming even remotely Transcendental. In my opinion, though, I think it worked. "Why?" you ask. Because, in the course of this project, I learned a lot about myself, my friends, and the way actions affect everyone around me. Through this project, I realized the importance of accepting other people for who they are, of letting go of anger, of trusting your own decisions, and of taking the initiative to change your life. In fact, there was only one tenet of Transcendentalism - defying "predestination" by leading fate instead of being led by it - that I had a hard time believing, I think I gained a better understanding of why that thought is so important in life. I doubt that I was any more than fifty percent successful in becoming truly Transcendental, but a change for the positive is an improvement from before. I've recognized the importance in the little blessings in life. Having a loving family, a roof over my head, and living in an overall supportive environment are things that I would not necessarily have taken the time to appreciate and be thankful for before.

Business and the air we breathe

In December of 2008, the government’s environmental watchdog, the Environmental Protection Agency, decided that new power facilities are exempted from the requirement of installing mechanisms that will decrease the amount of carbon dioxide the plants emit into the atmosphere (David Fahrenthold, Steven Mufson, 2008).This action was adopted despite the resistance from environment oriented organizations (Fahrenthold, Mufson, 2008).The ruling, signed by EPA Administrator Stephen L. Johnson, is anchored on an old statute that could be pivotal in the future operations of the power plants under the ambit of the Clean Air Act (Fahrenthold, Mufson, 2008). In the administration of former President Bush, the EPA has been inclined to dismiss the idea that greenhouse gases can be lumped together with soot, smog triggers and various types of air pollution (Fahrenthold, Mufson, 2008).The case for the classification of carbon dioxide in the category of an air polluting element began in the is suance of a permit for the construction of a power plant in Bonanza, Utah (Fahrenthold, Mufson, 2008). An environmental group, the Sierra Club, had challenged the permit for the plant (Fahrenthold, Mufson, 2008).In its motion, the group argued that the plant must first undertake mechanisms to decrease its emissions of carbon dioxide (Fahrenthold, Mufson, 2008). In a hearing of the EPA’s Appeals Board, a body tasked to hear issues regarding rulings and procedures of the body, the group made its case against the plant (Fahrenthold, Mufson, 2008).The group cited a statute that would require that the power plants must avail of the optimum technology to make the plants regulate the emission of all monitored pollutive substances (Fahrenthold, Mufson, 2008).This is parallel to the reminder of the group to the decision of the April 2007 ruling of the Supreme Court (Fahrenthold, Mufson, 2008). In that decision, Massachusetts vs. EPA (549 U.S. ___ (2007) (The Oyez Project, 2009), the S upreme Court ruled on the question whether the EPA has the power to monitor carbon dioxide and other pollutants (Oyez, 2009). In a 5-4 decision, that power was affirmed by the Supreme Court (Oyez, 2009). The case mainly stemmed from the action of the EPA in a seeming abrogation of that power (Environmental Defense Fund, 2008).In the majority decision with Justice John Paul Stevens as ponente, or author, the court ruled that the agency cannot abandon its responsibility and duty under the law to monitor the emissions of air pollutants into the air (Linda Greenhouse, 2007).Court litigations have been put on hold among them the earlier case of emissions from power facilties (Greenhouse, 2007). Stevens, joined in the decision by Justices Anthony Kennedy, Ruth Bader Ginsburg, David Breyer and Stephen Souter, decided that the EPA did not do anything in court than just present a list of items that the agency will not monitor (Greenhouse, 2007).The ruling of the Supreme Court however does no t order that the Federal government conduct and enact programs to combat pollution emission (Environmental, 2008). But it is inferred that the United States Congress enact legislation to found a program for the purpose (Environmental, 2008).Massachusetts, among the parties, that did have a legal standing before the Court, was vindicated in its appeal against the EPA (Environmental, 2008). It is in the opinion of the Court that the matter be sent to Congress for final disposition (Environmental, 2008).In their opinion, air pollutants, as those emitted by the power facilities as well as motor vehicles, on which the Massachusetts case hinged, did not qualify as such under the ambit of the Clean Air Act (Environmental, 2008). In their decision, the Court ruled that it is within the scope of the powers of the EPA to regulate such pollutants (Environmental, 2008). The only exception is that if the pollutants do not contribute to the crisis of global warming (Environmental, 2008). But the EPA decided otherwise.This in complete defiance of a ruling by the United States Supreme Court in April of 2007 that carbon dioxide can be classified as an air pollutant that should be monitored under the Clean Air Act (Fahrenthold, Mufson, 2008). In the same way, the EPA granted the same exemptions to power plants emitting mercury beyond the lawful regulations (Fox News, 2008).In a decision handed down by a Federal Appeals court, the court overturned the policy of the Bush administration that stated that the government can let power plants exceed limits set for emission of the poisonous mercury element (Fox News, 2008).About a dozen state authorities had opposed the EPA regulation, saying that if the regulation had pushed through, it would release notoriously high amounts of mercury into the atmosphere (Fox News, 2008).

Online BSN Program Do Employers Differentiate between ADN and BSN Nurses 2019

Nursing professionals have new incentives to enroll in the Online BSN program. According to a recent survey by the National Council of State Boards of Nursing, employers are paying attention to education when hiring new nurses. Online BSN Program Graduates Likely to Earn More Money than ADN Coworkers When it comes to entry-level positions, most employers reveal little preference for Associate Degree in Nursing (ADN) verses Bachelor of Science in Nursing (BSN) nurses. Some respondents, however, do differentiate between ADN and BSN nurses by implementing pay scales that vary according to level of education. Online BSN Program Graduates Prepared to Accept Management and Specialty Positions The most notable differences appeared when employers were asked about management RN positions. The majority of employers look for BSN educated nurses to fill management-level positions. BSN educated nurses are also preferred for specialty RN positions, such as critical care and dialysis. .u4d18ee0e7b0acc3193de4f880772d553 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #34495E!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u4d18ee0e7b0acc3193de4f880772d553:active, .u4d18ee0e7b0acc3193de4f880772d553:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u4d18ee0e7b0acc3193de4f880772d553 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u4d18ee0e7b0acc3193de4f880772d553 .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .u4d18ee0e7b0acc3193de4f880772d553 .post Title { color:#000000; text-decoration: underline!important; font-size: 16px; } .u4d18ee0e7b0acc3193de4f880772d553:hover .postTitle { text-decoration: underline!important; } READ Find Computer and Technology Degree ProgramsOnline BSN Program Graduates Equipped for the Future of Nursing Professional organizations, like the American Association of Colleges of Nursing (AACN), now recognize a BSN as the minimum education necessary for a career in nursing. Although RNs may still enter the field through diploma and ADN programs, employers are showing an increasing preference for BSN educated nurses. For more information about the Online BSN Program, prospective students may fill out this information request form. Additional nursing resources and links to nursing programs are available through College-Pages.com, the leading education and career resource website. Related ArticlesThe American College of Health Care AdministratorsRN to BSN Program Nursing Students Discuss Financial Payoffs of Higher EducationAssociate Degree in Criminal Justice Online Is That Program Really AccreditedBSN Top 5 Reasons to Earn a Bachelor of Science in NursingFind Online Medical and Nursing Degree ProgramsBachelor Degree Nursing Specialties Forensic Nurse Investigators Apply Medical Knowledge to Crime Scenes .u82e45415318abdd801203dacfb925bf0 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #34495E!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u82e45415318abdd801203dacfb925bf0:active, .u82e45415318abdd801203dacfb925bf0:hover { opacity: 1; tran sition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u82e45415318abdd801203dacfb925bf0 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u82e45415318abdd801203dacfb925bf0 .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .u82e45415318abdd801203dacfb925bf0 .postTitle { color:#000000; text-decoration: underline!important; font-size: 16px; } .u82e45415318abdd801203dacfb925bf0:hover .postTitle { text-decoration: underline!important; } READ Online BSN Nursing Degree Nursing Education has Significant Impact on Patient Mortality