Why Unions Want a Higher Minimum Wage February 25, 2013, 6:59 p.m. ET Labor contracts are often tied to the law—and it reduces the competition for lower-paying jobs. * By RICHARD BERMAN Organized labor's instantaneous support for President Obama's recent proposal to hike the minimum wage doesn't make much sense at first glance. The average private-sector union member—at least one who still has a job—earns $22 an hour according to the Bureau of Labor Statistics. That's a far cry from the current $7.25 per hour federal minimum wage, or the $9 per hour the president has proposed.
Most christian colleges and 7 other schools offer the option as a strategy boost enrollments in tough economic times. In last fall’s survey, 62 percent said the economy affected where they enrolled. Amherst and Pomona, and other wealthy colleges have eliminated loans from financial-aid packages. Private schools with a little endowment rarely have the option and would lose students to lower-priced public universities. President Peter Samuelson, of a 3 year-old company called LRAP Association uses pooled funds to repay loans for graduates who qualify and that no more than 20 percent of participating students will need the money or for more than a few years.
Black unemployment has risen to fifteen percent and the national unemployment eight percent. Republicans do not lead the humanitarian approach and are known to be the "White man's party", having ninety percent primers vote for Mitt Romney in the 2012 election. With all the tension on race the focus of other groups and age are veered. Eighty percent of the senior citizen class are caucasian. For some reason they are taxed so other children may go to school and build new play grounds or assist in the welfare payments Obama so graciously
Toronto mayor's austerity call unpopular Chief Bill Blair Friday, January 7, 2011 Summary: Toronto Mayor Rob Ford's edict that all city departments cut their 2011 budgets by five per cent doesn't appear to be working. The annual budget procees begins on Monday, and a number of departments say they need more money not less in the coming year. Polices said they could accommodate the cut and asked the police services board to increase the force's budget by a further three per cent. The Toronto Public Library Board voted in favour of a 2.6 per cent budget increase. It also voted to keep the downtown Urban Affairs library open, in spite of speculation that it would recommend its closure.
How America Would Be Different: Without Important People and Times in History Ashley Kimpling 4/28/2014 The first topic I have chosen to focus on is “Reaganomics”; this was the preposition that Reagan made when he ran for president. It was an idea of making tax cuts for the wealthy of 30%. Although only a 25% tax cut was approved Reagan still thought that this would help the economy. His reasoning for this was that the wealthy would save that money and be able to spend more money, by spending more he thought it would create more jobs. Unfortunately, while Reagan was in office the national debt tripled; it went from one trillion to three trillion dollars (Independence Hall Association, 2008-2014).
However, through “budget reconciliation” Democrats believe they can push this legislation through. Budget reconciliation allows for only 20 hours of debate, making an endless filibuster impossible. With 54-56 senate Democrats on the record as supporting the bill with the public option, it can’t be stopped if budget reconciliation is used. (And if Republicans or conservatives want to moan about this, let them be reminded that the three Bush tax cuts that resulted in the exploding deficit and other economic disasters, were passed by the Republican majority using budget reconciliation to prevent a Democratic
“It’s a matter of incentives and market failure.” With 741,000 U.S. jobs lost in January 2009—the biggest one-month drop in 59 years—along with U.S. market failures in housing, banking, and the automobile industry among other industries, President Obama had to take drastic action to try to revive the economy. In 2009, he got Congress to approve a $787 billion stimulus package, which is officially named the American Recovery and Reinvestment Act of 2009 (ARRA), to combat the deep recession at that time (which, by the way, was not his Administration's doing). Of course, ARRA had provisions for health care. Starting in 2011, providers deemed to be "meaningful users" of EHR systems are eligible for up to $44,000 over five years, and up to $63,750 over six years, in incentive payments paid in the form of increased Medicare and Medicaid premiums (Kropf, R. as cited in Kovner and Knickman, 2010, p. 335). Consequently, many health experts predict that the “meaningful use” will be a requirement to collect and report measurements that can be closely correlated with improved health.
Throwing America’s Future Away “The greatest threat to America is not someone hiding in a cave in Afghanistan or Pakistan, but our own fiscal irresponsibility”-Former Comptroller General, David M. Walker (Clemmitt). The Economic Growth and Tax Relief Reconciliation Act (EGTRRA) of 2001, and the Jobs and Growth Tax Relief Reconciliation Act of 2003 also known as the Bush Tax Cuts, are two major Bush era tax cutting bills set to expire January 1st 2011 (Fox). These two bills lowered the tax rates for every tax payer in the country and created a new 10% tax bracket for those making less than $8,025 a year. Along with those major changes and re-structuring the tax brackets, it also changed the Child Tax Credit from $600 to $1,000 per child,
For example healthcare which entails 15% of our annual GDP would not be affected. However the argument comes in when the TV factory shuts down and 500 people are laid off. So, while foreign markets may affect The Feds policy’s it should not have a major impact. The Federal Reserve has been a very important economic entity in the US since its inception in 1913. By controlling interest rates and the money supply it has controlled inflation and economic growth of our country.
Our government controls the National Debt so that means they regulate and run every bit of money our Nation spends on whatever. The spending has gone out of control in the last 13 years, and most people think it is the presidents’ faults but they just simply agree with the deal that the rest of the government comes up with. When that happens, the already high debt number just jumps out of the roof and goes up even more. When Obama passed the new health care bill that added five trillion more dollars to the debt. Our own people in our country are contributing to the National Debt.