Walter Williams vs Charlie Rangel on Minimum Wage and Unemployment – YouTube
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Losing unemployment benefits – YouTube
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Unemployment rate drop obscures troubling decline in Americans seeking work – Washington Times
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Fed, Monetary, Economy, Crisis, Debt, Unemployment
This article analyzes the effects of Keynesian and monetary policies on economic recovery process, in the light of current dismal, slow and prolonged recovery. Highlights the negative effects of market interventions before and after the crash.
Violent Crimes: A Comprehensive Analysis
This article analyzes the theoretical, philosophical and scientific bases for violent crimes. Focuses on the wave of global terrorism and rise in violent crimes. Tries to find the links between these crimes and various proposed and proven factors behind these crimes. Digs out the various probable and possible solutions. Explores the links between violent crimes and economic crisis, disparity and widespread corruption in global systems. Explains why really and factually equal opportunities and privileges are vital to the survival of nations, countries, civilizations, cultures and ideologies.
Rising Gas Prices and the Cycle of Economic Growth
With gas prices set to rise beyond the $4 mark across the US, citizens are finding themselves trapped within a vicious cycle of economic hardship. The current price, which is based on the inflated cost of oil, has already risen to its highest point since July 2008, and economists are predicting that that $4 price for gas may take hold nationwide throughout July and August. This, in line with high unemployment and increased cuts in public expenditure, is creating the likely prospect of the nations economy grinding to a shuddering halt.
The Factors in Economic Growth
There are two significant factors which drive capitalist economic growth. The first of these is enterprise, and the investment in businesses that to allows them to expand their operations and hire new staff. This then follows in to the second factor, which is consumer activity and the revenue that citizens reinvest into the economy. By itself, this is the single most important influence on the financial growth of the US, but it is in part reliant on an environment where people are able to work and earn a regular salary.
In an environment where both independent enterprise and consumer spending is hindered, it creates a distinct cycle of economic hardship. This is debilitating for both the federal government and private sector growth, but also has a deep and perpetual impact on the day to day existence of citizens. As is typical with these types of circumstance, one factor often influences the other, so as long as citizens are unable to find employment and earn any semblence of disposable income, so too they are forced to reduce their levels of expenditure and tighten their financial belts.
The Economic Portents for 2011
As the US continues its gradual and yet persistent recovery from the global recession, the New Year heralds the beginnings of fresh hope and expectation for the unemployed citizens in society. Obviously, one of the most documented consequences of economic hardship and turmoil is unemployment, where redundancy and the closure of companies forces individuals from their positions and into an ever competitive job seekers market.
Of course, the issue in an economic recovery is that there is not enough positions to satisfy the increased number of unemployed citizens. This is because companies and organizations often choose to utilize this period as a time for consolidation, and are therefore loathe to expand their enterprise and employ additional bodies. This can lead to a frustrating and ultimately fruitless job search for many, and create a prominent sense of apathy and depression amongst large sections of society.
The Signs Ahead for 2011
Given these accepted economic theories, it is surprising to learn that the indicators are particularly positive for 2011. Although it is expected that the year will still see only a gradual and intermittent improvement in terms of unemployment levels, the same period of time is set to see the creation of between 2 and 3 million jobs within the US economy. This is a natural progression for economic climates afflicted by a recession, as companies emerge from financial hardship and look to expand their companies to previous capacity.
