In the midst of the busy streets of America, somewhere in less crowded places. Many people with their tents can be found sleeping at the side of the streets. Unfortunate these people are not camping. No matter if the weather is cold, no matter if it raining, and no matter if the street is cover […]
The community of disabled workers is an overlooked labor resource. According to the U.S. Department of Labor, a disabled worker is ‘a person who: has a physical or mental impairment that substantially limits one or more major activities; has a record of such an impairment; or is regarded as having such an impairment.’; mental illness, […]
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INICIARCurrently our economy is facing problems, the implementation of an increase wage rate would boost the U.S economy and help Americans who can’t earn a steady income. Over time this would increase labor productivity. Right now it is crucial so that American workers can be paid a sustainably rate hourly. The term minimum wage was […]
The economics behind raising the minimum wage in the United States are largely misunderstood. Increases in minimum wage prove to increase unemployment among unskilled workers, leading to a survival-of-the-fittest labor market, where only the most skilled and desirable workers retain their jobs. Those justifying raising the minimum wage need to realize there are innumerable people […]
Discussion about what to do with minimum wage laws here in America has been at a higher than normal level since the Democratic Party took over as majority leader in both the House of Representatives and the Senate in the recent midterm elections, giving them control of Congress. There has also been talk on what […]
Impoverishment throughout the United States of America has affected many. According to the U.S. Census Bureau in 2017, the official poverty rate was 12.3 percent (“What is the Current Poverty Rate in The United States”.) With such an alarming and high number of poverty, what did Congress propose to the people? In order to fight […]
The Great Depression was the most extended and severe recession in the Western world. It lasted from 1929 to 1939 and began after the stock market crash of 1929, the crash sent panic throughout all of Wall Street and wiped out millions of investors. This caused consumer spending and investment to drop, which led to […]
The Great Depression was by far the worst economic decline in the United States that began in 1929 and ended in 1939 that struck the industrialized world. This crash brought on a skyrocketing number of unemployment across the United States which made the standard of American living very difficult to meet. This made it difficult […]
The Great Depression was a period of economic struggle lasting from 1929 to 1939. Wall Street spiraled into panic and it cost investors and businesses billions of dollars. Millions of jobs were lost and unemployment reached all time lows. The stock market suffered greatly as less and less people could afford to become investors. The […]
Before the Great Depression, the idea that government should use its fiscal policy to moderate the business cycle was far from the focus of political and economic debate. In the past, the government borrowed during wartime as wars were very expensive. Borrowings were large relative to the size of the economy and a balanced budget […]
College is the best investment you can make in your life. A college education provides you a better hourly wage or salary, it overall makes it more likely to be employed and gives you more flexibility when it comes to finding a job. Even with the tuition cost and fear of wasting time, college is […]