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Investing in Education Rather than Correction

ExcitingAdsApr 8, 2011Sep 3, 2012

Once the US emerges from its current financial circumstances, and strives once more for economic prosperity, the hope remains that its government can carry with them the lessons learned from their experiences. As negotiations continue to stall and fail reach a budget resolution for 2012, the law makers and politicians of the country must resolve to never let such a state of affairs develop again, and create an expenditure plan that is both considered and reflects the best interests of society.

Interestingly, there are certain factors of government who are looking to do this at present, by attempting to reduce the funding for prison and correctional facilities and reinvesting this capital into the nations education. As California governor Jerry Brown this week signed a bill to transfer thousands of non violent felons from state prisons to more relaxed county jails, so too a significant step was made to close certain correctional facilities and redirect government funding into educational programs and schools.

A Time for Change

The spending statistics are damning indeed. In the 2 decades between 1990 and 2010, the US prison population has soared by over 1 million individuals, and prompted even more funding to be invested in building and expanding correctional facilities to handle the increasing capacity. Within this period, state spending on prisons climbed by nearly 130 percent, which is an astonishing and troubling six times higher than the total rate of expenditure committed to education.

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The Right to Strike for Working Conditions

ExcitingAdsMar 31, 2011Sep 4, 2012

Historically, public sector employees have always retained the right to strike in order to secure better pay and working conditions, especially when faced with unfavourable government policies or proposed legislation. However, the current economic circumstances of the US may soon make this a thing of the past, as governors are forced to cut their states budget shortfall by bringing public sector employee rights adjacent with those afforded by the private sector. However, while public expenditure must be cut to improve the nation’s overall budget deficit of $1.5 trillion, should it really come at the cost of fundamental employee bargaining rights?

Ohio state legislature this week passed a bill to limit employee’s collective bargaining rights by banning them from striking and also allowing them to refuse to pay their union dues. The primary reasoning behind the idea is to reduce the local governments burden and financial costs, serving the dual purpose of reducing their deficit while also enabling them to compete against more prosperous job creating states. In its is essence it is a logical plan for long term growth, and easily understandable when you understand the recent events in the city of Detroit and throughout many of the southern states of America.

The State Against the Individual

This situation is a textbook example of the main challenge that faces government in a democratic regime, as they are often unable to satisfy the needs of individuals and single groups while also acting in the interests of society as a whole. In this instance, economic regeneration is the best and most suitable methodology for creating prosperity in the state of Ohio, and this can be achieved through reducing public sector expenditure without losing jobs from organizations. Though clearly a way forward for the state as a single entity, it is has already been construed as an elevation of corporate interests above those of the common man.

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Making Considered and Time Effective Budget Cuts

ExcitingAdsMar 18, 2011Sep 4, 2012

As the US continues to battle various economic and social issues, there are growing concerns that its leader are falling out of touch with the needs and demands of their people. They undoubtedly have a sizeable amount to deal with currently, especially as they seek to finalise spending plans for 2011 with a financial budget for 2012 required in less than a months time. This lack of cohesion and measured planning is leading to several decisions that may well be considered as rash, all conceived with a view to cutting a vast national deficit.

With the US budget shortfall scheduled to rise to an unprecedented $1.5 trillion throughout 2011, the federal government are faced with the increasingly difficult task of reducing public spending by an amount lowers this deficit without significantly effecting the standard of life for US citizens. This balance is made even more difficult to obtain by a basic rule of economy, whereby a countries prosperity is only as effective as the capital that is invested into it, and governments who reduce spending too drastically will serve to undermine their economy even further.

Timing and Effective Budgeting

Part of budgeting is undoubtedly timing, and preparing a society as effectively as possible for any consequence of spending cuts. This serves the dual purpose of ensuring that any cuts are measured and can be absorbed by citizens without significant impact, while also keeping individuals informed and aware of how budget cuts will effect them directly. While even this is not a policy guaranteed to keep everyone within society satisfied, it does at least mean that the government is doing its best to serve its people and act in a well thought out and transparent manner.