Total nonfarm payroll employment increased by 128,000 jobs in October. Job growth has averaged 167,000 per month thus far in 2019, compared with an average monthly gain of 223,000 in 2018. Employment declined in motor vehicles and parts manufacturing due to strike activity. Federal government employment was also down, reflecting a drop in the number of temporary jobs for the 2020 Census.
Empirical Analysis of Fiscal Dominance and the Conduct of Monetary Policy in ...AJHSSR Journal
The study empirically investigates fiscal dominance and the conduct of monetary policy in
Nigeria, using quarterly data from 1986Q1 to 2016Q4. It adopts the vector error correction mechanism (VECM)
and cointegration technique to analyze the data and make inference. The findings reveal that there is no
evidence of fiscal dominance in Nigeria. The empirical results show that budget deficit, domestic debt and
money supply have no significant influence on the average price level. However, budget deficit and domestic
debt are shown to have significant influence on money supply, but only in the short-run. The policy implication
is that the government should enforce fiscal discipline through the appropriate institution and the Central Bank
should be given autonomy to perform the primary function of long-term price stability, among other functions.
Using Video Tools to Develop Student's Writing SkillsAndrew McCarthy
This was one of my presentations given at the recent Teach IT conference in Singapore. November 2011. For more resources see here - http://teachit2011.uwcsea.wikispaces.net/Workshop_03
Monetary Policy is key driver of growth. It plays very important role in economy of the nation. Islamic Finance is growing fast and it has major role in new Economic Policies of the nation. There can be different strategy and plan to build long term perspective of Islamic Monetary Policy.
Total nonfarm payroll employment increased by 128,000 jobs in October. Job growth has averaged 167,000 per month thus far in 2019, compared with an average monthly gain of 223,000 in 2018. Employment declined in motor vehicles and parts manufacturing due to strike activity. Federal government employment was also down, reflecting a drop in the number of temporary jobs for the 2020 Census.
Empirical Analysis of Fiscal Dominance and the Conduct of Monetary Policy in ...AJHSSR Journal
The study empirically investigates fiscal dominance and the conduct of monetary policy in
Nigeria, using quarterly data from 1986Q1 to 2016Q4. It adopts the vector error correction mechanism (VECM)
and cointegration technique to analyze the data and make inference. The findings reveal that there is no
evidence of fiscal dominance in Nigeria. The empirical results show that budget deficit, domestic debt and
money supply have no significant influence on the average price level. However, budget deficit and domestic
debt are shown to have significant influence on money supply, but only in the short-run. The policy implication
is that the government should enforce fiscal discipline through the appropriate institution and the Central Bank
should be given autonomy to perform the primary function of long-term price stability, among other functions.
Using Video Tools to Develop Student's Writing SkillsAndrew McCarthy
This was one of my presentations given at the recent Teach IT conference in Singapore. November 2011. For more resources see here - http://teachit2011.uwcsea.wikispaces.net/Workshop_03
Monetary Policy is key driver of growth. It plays very important role in economy of the nation. Islamic Finance is growing fast and it has major role in new Economic Policies of the nation. There can be different strategy and plan to build long term perspective of Islamic Monetary Policy.
Armenian community of Krasnoyarsk «Ekhpayrutyun» (Brotherhood)EkhpayrutyunRU
Slides are about the most progressive national (ethnic) non-governmental organization in Krasnoyarsk krai (territory), which is called «Ekhpayrutyun» (Brotherhood) - armenian community of Krasnoyarsk
Types of Public PolicyRegulatory PolicyRegulatory policy is desi.docxouldparis
Types of Public Policy
Regulatory PolicyRegulatory policy is designed to limit the actions of persons or groups so as to protect the general public or a substantial portion of the public. For example, people are prohibited from selling certain drugs, polluting the air and water, and engaging in monopolistic business practices. One form of regulation simply focuses on illegal criminal activity; it is a crime to do certain things. State and local governments have special responsibilities in this area, and certain federal agencies, such as the Drug Enforcement Administration, are active here as well. Another form of regulation focuses on American business and seeks to ensure fair and competitive practices. Indeed, the first major regulatory effort in this country came in 1887, when the federal government created the Interstate Commerce Commission to regulate the railroads. Similar regulatory agencies today monitor securities (Securities and Exchange Commission), commodity exchanges (Commodity Futures Trading Commission), and labor relations (National Labor Relations Board), among others.
A modern regulatory area is concerned with access to certain goods available to the public generally, such as the airwaves (regulated by the Federal Communications Commission) or clean air and water (regulated by the Environmental Protection Agency). Other regulatory bodies focus on protecting health and safety in such areas as consumer protection (Consumer Product Safety Commission), air travel (Federal Aviation Administration), food (Food and Drug Administration), and workplace safety (the Occupational Safety and Health Administration).
Although federal regulation of economic activities has seen several waves of growth through the past century (Ripley & Franklin, 1987), the last two decades have seen somewhat of a movement in the opposite direction. Late in the Carter administration and extending through the Reagan administration, there were several efforts to deregulate certain industries. The Civil Aviation Board was disbanded in 1984, and over the following decade significant areas of transportation, telecommunications, and banking were deregulated. Moreover, regulations were eliminated or enforcement slowed down in areas such as workplace, auto, and consumer products safety.
During the 1990s, however, as many federal agencies relaxed their regulatory grip, a few attempted to expand their authority. The Environmental Protection Agency sought to set standards for pesticide and cancer risk, while the Occupational Safety and Health Administration created guidelines for reducing violent crime in retail locations open at night (Niskanen, 2001). The Food and Drug Administration attempted to expand its jurisdiction to the tobacco industry by establishing nicotine as a drug, which would have given federal regulators the power to control tobacco products. This move, however, was challenged by the tobacco companies, and in 2000 the Supreme Court ruled against the fed ...
DB2
7 Economic Policy Challenging Incrementalism
Incremental and Nonincremental Policymaking
Traditionally, fiscal and monetary policies were made incrementally; that is, decision makers concentrated their attention on modest changes—increases or decreases—in existing taxing, spending, and deficit levels, as well as the money supply and interest rates. Incrementalism was especially pervasive in annual federal budget making. The president and Congress did not reconsider the value of all existing programs each year, or pay much attention to previously established expenditure levels. Rather last year’s expenditures were considered as a base of spending for each program, attractive consideration of the budget proposals focused on new items or increases over last year’s base.
But crises often force policymakers to abandon incrementalism and reach out in non-incremental directions. In economic policy, the president and Congress and the Fed are pressured to “do something” in the face of a perceived economic crisis, even if there is little consensus on what should be done, or even whether there is anything the federal government can do to resolve the crisis. As we shall see later in this chapter, the recession that began in 2008 caused policymakers to search for new policies and make dramatic changes in spending and deficit levels and to undertake unprecedented measures to prevent the collapse of financial markets and avoid a deep recession.
Fiscal and Monetary Policy
Economic policy is exercised primarily through the federal government’s fiscal policies—decisions about taxing, spending, and deficit levels—and its monetary policies—decisions about the money supply and interest rates.
Fiscal policy is made in the annual preparation of the federal budget by the president and the Office of Management and Budget, and subsequently considered by Congress in its annual appropriations bills and revisions of the tax laws. These decisions determine overall federal spending levels, as well as spending priorities among federal programs. Together with tax policy decisions (see Chapter 8), these spending decisions determine the size of the federal government’s annual deficits or surpluses.
Monetary policy is the principal responsibility of the powerful and independent Federal Reserve Board—“the Fed”—which can expand or contract the money supply through its oversight of the nation’s banking system (see “The Fed at Work” later in this chapter). Congress established the Federal Reserve System and its governing Board in 1913 and Congress could, if it wished, reduce its power or even abolish the Fed altogether. But no serious effort has ever been undertaken to do so.
Economic Theories As Policy Guides
The goals of economic policy are widely shared: growth in economic output and standards of living, full and productive employment of the nation’s work force, and stable prices with low inflation. But a variety of economic theories compete for preeminence as ways of achiev.
Chapter 1 The Politics of Public BudgetsA public budget links taEstelaJeffery653
Chapter 1 The Politics of Public Budgets
A public budget links tasks to be performed with the resources required to accomplish those tasks, ensuring that money will be available to wage war, provide housing, or maintain streets. Most of the work in drawing up a budget is technical, such as estimating how much it will cost to feed a thousand shut-ins with a Meals on Wheels program or how much revenue a 1 percent tax on retail sales will produce. But public budgeting is not only a technical process, it is also necessarily and appropriately political.
Budgets reflect choices about what government will and will not do. They reflect the public consensus about what kinds of services governments should provide and what citizens are entitled to as members of society. Should government provide services that the private sector could provide, such as water, electricity, transportation, and housing? Do all citizens have a guarantee of health care, regardless of ability to pay? Is everyone entitled to some kind of housing? Should government intervene when market failures threaten people’s savings and investments?
Budgets reflect priorities—between police and flood control, day care and defense, the Northeast and the Southwest. The budget process mediates among groups and individuals who want different things from government and determines who gets what. These decisions may influence whether the poor get job training or the police get riot training—either one a response to an increased number of unemployed.
Budgets reflect the degree of importance that legislators place on satisfying their constituents and responding to interest group demands. For example, legislators may decide to spend more money to keep a military base open because the local economy depends on it and to spend less money to improve combat readiness.
Budgets provide accountability for citizens who want to know how the government is spending their money and whether government has generally followed their preferences. Budgeting links citizen preferences and governmental outcomes; it is a powerful tool for implementing democracy.
Budgets reflect citizens’ preferences for different forms and levels of taxation as well as the ability of some taxpayer groups to shift tax burdens to others. The budget indicates the degree to which the government redistributes wealth upward or downward through the tax system.
At the national level, the budget influences the economy, and so fiscal policy influences how many people are out of work at any time.
Budgetary decision-making provides a picture of the relative power of budget actors within and between branches of government as well as of the importance of citizens, interest groups, and political parties.
Budgeting is both an important and a unique arena of politics. It is important because of the specific policy decisions it reflects: decisions about the scope of government, the distribution of wealth, the openness of government to interest groups, and t ...
Taxation, Inflation and Public Debt Basic ModelPedroGeyer
In this essay, we present a model of optimal taxation, money creation, and public debt policies chosen by the ruling elite in a society with three social classes: the ruling elite, the middle class, and the poor. The ruling elite seeks to maximise their own utility while preventing rebellion or coups by the other social classes. We also consider the indirect effects of money creation and public debt on wealth redistribution and economic stress. Our results show that the ruling elite will seek to take as much wealth as it can, maintaining the other individuals at the edge of their tolerance. Thus, by providing insights into the trade-offs and incentives facing the ruling elite, this model can help inform policy, political choices, and thought.
discussion 1There are essentially polar opposite view pointhuttenangela
discussion 1:
There are essentially polar opposite view points to the classical and Keynesian approach to macroeconomics. The largest, and most obvious, difference between these two conflicting points of view would be the ‘hands-on’ vs. ‘hands-off’ approach. Classical economists follow the ‘hands-off’, or laissez fair approach (Amacher, 2019). Keynesians would argue this is not a good idea because the economy clearly shows that, when left untouched, it can spiral in to terrible circumstances which call for a ‘hands-on’ approach. Another primary dispute between the two view points is how the economy adjusts during recession and finds its way back to full employment (CrushCourse, 2015). The classical point of view would lead us to believe the economy will correct itself over time. The Keynesian model asserts the economy can be stuck below its potential for too long of time (g whizziest, 2015). The Keynesians say wages and prices, although flexible, can get stuck and keep the economy well below its full employment potential (g whizziest, 2015). Sure, it might correct itself in the long run, but how long? As John Maynard Keynes' said, “
In the long run we are all dead.
”
For this discussion, I have been assigned to the classical point of view. I would support this economics philosophy for the following reason: classical economists believe the economy will experience ups and downs but will always return to full employment on its own. Even during a recession, the ‘price adjustment mechanism’ will right the economy (CrushCourse, 2015). This would mean that during a recession unemployment, prices, wages, and interest would fall (CrushCourse, 2015). However, this would also mean consumption, production, and investment should increase over time, which would eventually return the economy to full employment (CrushCourse, 2015).
In regard to the current U.S. economy, as a classical economist, I would take several measures to right the course. For starters, we would need to cut out all government involvement, or manipulation. All the government does is mess things up. Fire the Federal Reserve members. The economy does not need any sort of regulation. We will allow each market to regulate itself without rules imposed by the government. In the long run, any problem the U.S. economy might face will be corrected naturally.
Amacher, R., & Pate, J. (2019).
Principles of macroeconomics
(2nd ed.). Retrieved from https://content.ashford.edu/
CrushCourse. (2015, December 8).
Classical and Keynesian economics
. Links to an external site. [Video file]. Retrieved from https://www.youtube.zcom/watch?v=JOWiy3wbLvI
g whizziest. (2015, September 29).
The Keynesian model and the classical model
. Links to an external site. [Video file]. Retrieved from https://youtu.be/Xt_L8WFKvLc
discussion 2:
The model school that was picked for me to write about is classical economics.
Compare and contrast classical economics and ...
Response one PADM--04The authors feel that welfare should be ba.docxronak56
Response one PADM--04
The authors feel that welfare should be based on fairness and compassion. Those that need aid and are not able to get it for themselves should receive it. If it is an adult who can help themselves, but they are unwilling to take the necessary steps to support themselves then they should not receive any aid. The current welfare system enables non-working individuals that are receiving aide, and require no constructive behavior in return (Rector, 2018). The food stamp program is in need of reform, The Supplemental Nutrition Assistance Program (SNAP) Reform Act of 2017 exemplify a proven and popular reform that stabilize the principles of compassion and fairness (Rector, 2018).
Evaluative criteria that were used to analyze the points made in the article are efficiency, equity, effectiveness, and social acceptability. Poles taken in 2012 and 2015 showed that 83% of Americans are in favor of adults who are receiving well fare assistance to work. The results were socially acceptable with bipartisan support. Both sides agreed that an able-bodied adult with no dependents receiving food, cash, medical assistance, and housing should be required to work or prepare themselves to enter the workforce as a condition of them receiving those benefits from the government (Rector, 2018). The costs and benefits to society in the equity is that by reforming the federal welfare policy and basing it on fairness and compassion it will distribute a level of fairness and benefit society. The program is efficient by limiting abled bodied adults without dependents to three months of benefits within a 36-month period. After an individual complete the 3 months of receiving government assistance they would be subject to work requirements of at least 20 hours per week of work performing community service or participating in a qualifying education or training program. The effectiveness of the program was pointed out when the program was introduced in Maine many adults chose to leave the program rather than participate in moderate activities. The caseload in Maine of able-bodied adults without dependents fell from 13,332 in December 2014 to 2,678 recipients in March 2015 (Rector, 2015), according to the author this could be and an indicator that these adults had unreported income that they used to support themselves.
The alternatives for abled body adults without dependents is eliminating the waivers for work requirements. The current policy has a lot of alternatives that are already in place and a common-sense reform to put them in effect. Requiring abled body adults to work and limiting the number of benefits that they receive if they are not working, participating in other work, or educational activity is in the current law. States currently grant waivers and exemptions for able-bodied adults from the work requirement, that should be incrementally reduced. If they are willing they should have supervised job search activities that will satisfy ...
Generating Economic Benefit and Growth Through Smarter Public Sector ProcurementJon Hansen
This ground-breaking report shows how political leaders could create 2.2 million jobs through better purchasing of taxpayer-paid goods and services while cutting the U.S.
deficit.
Written by Colin Cram, Internationally recognized public sector expert.
As with most things in economics, taxation is a mixed blessing. It.docxfredharris32
As with most things in economics, taxation is a mixed blessing. It is a blessing for those who receive dollars from taxpayers, which is about 40% of the population; and it is a nuisance for those who have to pay the taxes. The objective of this unit is to help you understand taxes and understand how they affect your life and the economy.
The income tax system began in earnest in 1913 with the Sixteenth Amendment to the Constitution that gave Congress legal authority to tax income. A rudimentary income tax system was tried during the Civil War but was eventually declared unconstitutional. There was no income tax during the high watermark of America's industrial capitalism, beginning in about 1870 and continuing to 1910. If you made money in that era, you kept it. Many of the most famous capitalist names emerge from this era: Rockefeller, Carnegie, McCormick, Swift, and Vanderbilt.
Two major disasters in our economic history, the Great Depression and World War II, changed the role of taxation and government forever. Beginning in the mid-1930s, following the ideas of John Maynard Keynes, the U.S. government began to spend money much more aggressively. In the past, government believed mostly in a balanced budget, but that changed when the Great Depression lingered for an entire decade.
Later, to finance a two-front, world war, taxes were raised to about 90%. Thus began the era of big taxes to pay for big government. Taxes, of course, have fallen from that lofty peak to a more modest 35% marginal tax rate at present, but the number of taxes has increased exponentially. All but six states have an income tax; likewise, many counties and cities have an income tax.
Though there are many ways to slice the tax onion, perhaps the best is the following:
Progressive taxes: This is a tax system in which tax rates increase as income increases. In other words, the more money you make, the more taxes you pay. This system places a greater burden on those best able to pay and almost no burden on the poor. For example, according to Internal Revenue Service (IRS) statistics, the top 50% of earners pay 97% of the taxes. The top 1% of earners pays 30% of all income taxes. On the other hand, over fifty million people, or one-third of the adult population in the United States, pay no taxes whatsoever.
Regressive taxes: In theory, these are the opposite of progressive taxes; these tax strategies fall more heavily on the poor. Common sense would suggest that these would be rarely used in a well-organized economy, but in fact, they are among the most commonly used because of their relative invisibility. Sometimes called the nickel and dime tax, regressive taxes tend to be small for each individual event; therefore, they are not widely noted. A good example of a regressive tax is the sales tax. It takes a much larger percentage of a poor person’s income than the income of someone of wealth. The reason there is no protest is that it takes such a small amount of money on ...
Assessment 4 Study GuideCiting Shafritz, J. M., Russell, .docxdavezstarr61655
Assessment 4 Study Guide
Citing:
Shafritz, J. M., Russell, E. W., & Borick, C. P. (2013). Introducing public administration
(8th ed.). Upper Saddle River, NJ: Pearson.
Reading Assignment Chapter 13: Public Financial Management
Unit Lesson
Budgeting is an important area within public institutions. This allows the jurisdiction to reference these important documents when there are questions regarding expenditures, line item purchases, and overall capital budgets. Capital budgets normally are written and established in the year prior to the implementation, for example, budgets for 2013 would be asked for during 2012. These budgets can be used for formulating how much of a surplus will be made available for contractors that may be working for the institution, security measures such as cameras that may be needed for security at a public venue, and being able to budget for supplies that are required for everyday functioning capacity within the organization. Budget formatting can be intriguing for most public entities and the professionals working within those organizations.
The size of technological spreadsheets that cite policies and create a timeline for the expenditures being used have a section specially designated for program objectives, and have a section that normally is set aside to delineate the government’s total service effort. The flow of management funds is the backbone of any institution, government entity, or public service venue. Without the flow of monetary compensation and grant money distribution, there will be limited capabilities for the designated organization to perform the work necessary to manage the business. As with many changes over the past several decades, monetary systems and funds being made available are beginning to diminish from the Federal government. The monies that are received, for example, by a fire department can be used to purchase apparatus, new firefighting clothing and protective equipment, and other provisions to support the public organization.
While looking at the budget from the federal, state, local, or community governments, consideration must be given to whether the monies being used and given to local entities are going to be used for economic growth. There will be disagreements concerning the appropriation of funds and fund management for the communities, but also for the main distributor-the federal government. The budget is the key focal point for public administration to function and make decisions. Monies that are received by public entities create a huge sense of power for those who shape the methods of how the monies are going to be spent. The upper management or executives must learn the conceptual framework that is used for budgeting, financing, and the allocation of those funds that have been received. Thus an accountant will be necessary for any good executive team within the organization. There are several different types of budgets that can be issued for an organization:.
ECONOMIC COMMENTARY Number 2014-09May 8, 2014Why Do Econom.docxtidwellveronique
ECONOMIC COMMENTARY Number 2014-09May 8, 2014
Why Do Economists Still Disagree over
Government Spending Multipliers?
Daniel Carroll
Public debate about the effects of government spending heated up after record-large stimulus packages were enacted
to address the fallout of the fi nancial crisis. Almost as noticeable as the discord was the absence of consensus among
prominent economists on the issue. While it seems a simple problem to estimate the effect of government spending on
output—the size of the government multiplier—it is anything but.
ISSN 0428-1276
Over the past several years, attention has focused on the
dangers of medium- and long-run imbalances in government
budgets. This was less the case at the beginning of the
recent fi nancial crisis, when the question was if and how the
government should try to stimulate the economy. But before
long, the debate surfaced. Some argued that the government
should prop up falling private demand with increased
spending. Others claimed that increased government
spending would have little to no stimulative effect in the
short run and that it might even be contractionary.
Economists could offer little in the way of clarifi cation, with
venerated scholars falling on both sides of the debate. This
failure of economists to agree on the issue leads some in
the public to suppose that economists are incompetent, or
perhaps worse, politically motivated.
The truth is that economists have struggled to answer
the question, “What effect does an increase in government
spending today have on output in the future?” In economics,
this effect is called the government spending multiplier,
and unfortunately for those of us who would like certainty
on the matter, there are major challenges associated with
measuring it. An appreciation for these challenges should
explain why competent scholars can hold widely different
opinions about the effect of government spending on output.
Measurement Challenges
Problems with measuring the government spending
multiplier begin at the outset—with the way the question
itself is phrased. At fi rst, it seems like a natural question,
but in fact it is far too general.
For starters, it is presumptuous to speak of “the”
government spending multiplier as if there is only one.
Because a change in government spending is likely to
infl uence output over multiple periods in the future, separate
multipliers could be created for each period. To calculate
the appropriate multiplier, should we look at how much
output changes one quarter in the future? One year? Five
years? There is no universally accepted answer. Some studies
report a collection of multipliers over a specifi c time period
(for example, a multiplier for each quarter up to three years).
Others average these numbers or report a range.
Taking a stand on timing is not suffi cient however. One
must also consider what type of government spending
is increased. Surely an increase in milita.
BUS626 Week 3 - Discussion Forum 2ResponsesGuided Response .docxfelicidaddinwoodie
BUS626 Week 3 - Discussion Forum 2
Responses
Guided Response: In your response, take the opposing view of the original post regarding national debt. Respond to at least two of your fellow students’ and to your instructor’s posts in a substantive manner and provide information or concepts that they may not have considered. Each response should have a minimum of 100 words. Support your opposing view by using information from the week’s readings. You are encouraged to post your required replies earlier in the week to promote more meaningful and interactive discourse in this discussion forum.
Below are two classmates with discussion that need response. They are Lisa Schreiner and Jason Stack
Lisa Schreiner
A deficit is the gap when spending exceeds budget. A surplus is the gap when budget exceeds spending. The debt is an accumulation of deficits less surpluses over time. The large and increasing national debt is definitely an issue we should be concerned about. Persistent increases in debt could lead the US to a failed economy with low credit ratings from Moody’s, and a call on loans we cannot pay. During a recession, the deficit (debt overall) will increase as the US borrows funds to cover the spending gap. During an expansion, the US should decrease spending producing a surplus to lower the overall debt. In recent years, the economy has been running in expansion mode, but yet the government continues to spend, increasing the deficit and debt. This is not a sustainable practice. According to the Committee for a Responsible Federal Budget (2018), “Running large deficits when the economy is already strong means that any boost provided to the economy will be temporary, and may put unnecessary upward pressure on inflation and interest rates. Running permanent deficits means that they will increasingly hurt investment and growth over time. They cannot simply be waited out. Rising deficits are largely driven by the increasing cost of interest and health and retirement programs, which are caused by rising health care prices and an aging population. Yet even with these factors, deficits were on course to decline over the next couple years before Congress enacted fiscally irresponsible tax cuts and spending hikes” (para. 12-13).
John Tamny views the national debt as a give and take, noting we are better off to have the government spending less with some debt than the government spending more and having no debt. John discusses limiting the government’s control on spending and investing into the private sector, generating technological advances and innovation to grow the economy (Tamny, 2020). After reviewing several articles and watching videos in the recommended reading section for the week, I agree, this is an issue and controlling government spending is part of the process. There are four programs consuming a significant portion of government spending: Social Security, Medicare, Medicaid, and ObamaCare. According to PragerU (2014), “to cut spendi.
Data-Driven Decision MakingSalomey F. Calixte OllieShoresna
Data-Driven
Decision
Making
Salomey F.
Calixte
MAT210
Prof Evan
Schwartz
9/3/2021
1
Rate of Poverty
United State Poverty Rate
2
Poverty Rate in
States
3
Rate of Poverty
0.00% 5.00% 10.00% 15.00% 20.00% 25.00%
State w ith th e H ig h e st
rate o f P o ve rty
Georgia: District of Columbia:
South Carolina: Alabama:
Kentucky: West Virginia:
New Mexico:
Louisiana: 18.4% Mississippi
4
5
1
0% 5% 10% 15% 20% 25% 30% 35% 40% 45%
F ac tors be hind Pove rty
Adverse Weather illiteracy Pandemics Unemployment
Poverty Rate
Description
The graph shows the states with the
highest and lowest poverty rates in
percentage terms. Some of the states
with the highest poverty rates are
Louisiana, Mississippi, West Virginia, and
Georgia (Jelavish, 2021).
6
Important
of the Data
The presentation aims to inform the audience about
the main factors that cause poverty. The data shows
that education is very important in reducing poverty.
The state with the lowest rate of poverty will have the
easiest to implement and manage.
7
Recommendation
Creation of job opportunity
Educating youths to increase the level of
education
Having special attention to the state with
high poverty level
8
Audience
Targeted
The target audience is adults and teenagers
because they have a better understanding of
the issues related to poverty and inequality.
Having teenagers as a part of the group will
help in curbing poverty.
9
Language,
Purpose &
Visual
presentation
The language used in this project is
simple and brief to enable the audience
to understand the presentation. I used a
bar chart to help the adults understand
the basic concepts of presentation.
10
CONCLUSION
Poverty is a social issue that affects every
society. It should be the government's priority.
11
References
References
https://aspe.hhs.gov/topics/poverty-economic-mobility/poverty-estimates-
trends-analysis
(USA, n.d.)
https://www.census.gov/library/publications/2020/demo/p60-270.html
12
https://aspe.hhs.gov/topics/poverty-economic-mobility/poverty-estimates-trends-analysis
https://aspe.hhs.gov/topics/poverty-economic-mobility/poverty-estimates-trends-analysisSlide 1Slide 2Poverty Rate in StatesSlide 4Slide 5Poverty Rate DescriptionImportant of the DataRecommendationAudience TargetedLanguage, Purpose & Visual presentationCONCLUSIONReferences
Policy Basics is a series of brief background reports on issues related to budgets, taxes, and government assistance programs.
Center on Budget and Policy Priorities | cbpp.org
Note: The COVID-19 recession and subsequent relief packages have dramatically changed
spending and revenue levels for fiscal years 2020 and 2021. We use pre-pandemic figures
below ...
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
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Review of Budgeting Entitlements: The Politics of Food Stamps
James W. Crowson
This paper will offer an explanation of Budgeting Entitlements’ significance, budget making as a
political process, three different types of budgetary rules, tensions between welfare benefits
and expenditures, reversion points in political budgeting, and King’s models of institution and
ideology.
This is a book about food stamps and how the political machine in
Congress and in the White House has affected this program. Welfare and
politics manifests itself as tension between helping the poor eat and the
fiscal problems and responsibility that brings to bear. The models King uses
to explain this story include an institutional view and ideological view, which
I develop extensively in this paper to highlight the differences in the main
forms of budgetary rules.
Budgeting Entitlements is significant is because King has used the food
stamp program to discuss the political process of the US federal budget
making process on a level which is understandable to the common person.
Just about anyone can use the research to generalize for understanding of
other federal budget process studies. The book is also significant because of
the problem that welfare and budgeting represents as a dichotomy. King’s
message about the difficulties that Americans have with the food stamp
program is also about whether Americans want to see themselves as
treating the less fortunate and/or poor humanely (King R. , 2000, p. 31), but
that comes with a price tag many are not willing to continue paying.
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The budget making process as King explains it tends to be very
political. The food stamp program ran smoothly during the 1960s and
through the 1970s. However, from FY 1974 to FY 1977, expenditures rose
by roughly 90%, from $2.8 billion to $5.4 billion. By FY 1981, expenditures
had risen nearly 110% up to $11.3 billion. Much of this increase is accounted
for because of the external factors such as inflation during the Carter
administration (King R. , 2000, p. 63). The response from lawmakers was to
create spending caps legislation as part of an across the board measure to
contain federal entitlement spending, decrease the national debt and treat
the ever-increasing spending deficit.
King lays out his case by explaining three different types of budgetary
rules Congress instituted to try to manage food stamp program spending,
which are discretionary spending, entitlement spending, and spending caps.
Discretionary means that Congress decides every year during the annual
budget process how much in outlays the food stamp program will receive.
This means that there are no guarantees to how much the program will
receive in appropriations. It can be an especially challenging situation for
Americans who are verifiably needy for food stamps, and it is hardly
equitable because once the money runs out, there is no more until next year
or an emergency appropriation. (King R. , 2000, p. 2).
Unlike discretionary spending which has the potential to be
inequitable, the food stamp program as an entitlement means that no one is
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left out that is eligible to receive these benefits. Again, contrary to
discretionary budgeting, entitlement means that if the money runs out, then
Congress will appropriate more money thereby circumventing the normal
budgeting process (King R. , 2000, p. 2).
Capped spending for entitlements involves taking a hard look at the
benefits society receives against the costs. Caps permit the government to
spend for welfare up to a certain point, and if that point is reached, then
either benefits or enrollments must be reduced until new legislation can be
enacted (King R. , 2000, p. 2).
King also draws out the tensions between secure welfare benefits and
constrained expenditure growth that has not been held in check but instead
in abeyance (King R. , 2000, p. 154). He says that this tension is
fundamental and thus cannot simply be as a result of greater attention. King
compares and contrasts spending caps effectiveness to welfare protections.
First, he says that caps perhaps function effectively when they can restrict
entitlement spending during times of cost explosions (King R. , 2000, p. 8).
Next, welfare functions effectively only to the extent that the
entitlement spending can be guaranteed in spite of budget constraints.
Entitlements and budgeting are excellent examples of the inherent tensions
between social responsibility and fiscal restraint. Last, no legislative
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procedure will dissolve these tensions nor will it require care and reason to
prevent them (King R. , 2000).
King uses the concept of a reversion point to explain situations of
noncooperation, such as when no agreements can be reached. A reversion
point can be understood as a statistical and/or symbolic measure to show
where spending limits are reached. King discusses reversion points in the
context of the three budget rules, discretion, entitlement, and spending caps
(King R. , 2000).
In the matter of discretionary spending, the reversion point would be
restarting the authorization and appropriation process over each year with
new funding. Under this rule, when lawmakers cannot agree on
appropriations, it will tend to have the most negative consequences upon
program operations (King R. , 2000, pp. 10, 31-34, 72).
With entitlement status, the reversion point always varies directly with
the number of program participants. If agreements between lawmakers
cannot be reached, the impact is virtually nil or zero. Therefore, “aggressive
play” is permitted to occur by the president and members of Congress
because there is no incentive otherwise (King R. , 2000, pp. 31-34, 72).
With spending caps, the reversion point is the ceiling or highest
amount of outlays authorized for that year. In terms of behavior, King says
one would hope this type of rule is in between discretion and entitlement,
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but does not necessarily produce restraint of unnecessary costs or efficiency
(King R. , 2000, pp. 31-34, 72).
The reversion point in the context of the three different budgetary
rules is important to understand because each rule shows that actors’
incentives to politicize vary according to the budget rule in effect at the time.
For example, the political risks and benefits are greater when food stamps
are budgeted with discretionary spending. While that may be true, it is the
complete opposite case with entitlements. With entitlements, all actors know
that the appropriation continues until acted upon by statute to change that
automatic appropriation process (King R. , 2000, p. 30).
Institutional rules play an important role in the development of King’s
argument. He says that the food stamp program is an outcome of the
strategies that actors employ to arrive at their collective decisions. For
example, King says that institutional rules can modify bargaining relations
among interested actors, thereby changing the way they approach and
negotiate with rivals and the outcomes they achieve in the legislative game
playing (King R. , 2000, p. 25).
Under the institutional model, King argues that it is important to
understand why the actors involved make budget decisions the way they do
under discretionary spending. We can understand this better by asking if the
actors are really honest about their budget proposals. For example, the
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budget actors include the president, Congress, and the top bureaucratic
agencies and heads, and others, but these are the main actors. The agencies
can be honest or not honest about how much funding they require. King
argues that under discretionary spending the agencies do not have an
incentive to underestimate costs; however, they may try to overestimate the
costs for contingencies or program expansion (King R. , 2000, p. 230).
Under entitlement spending, Congress tends to underestimate future
obligations as a means to make sure they have active participation in
coming fiscal years (King R. , 2000, pp. 100-101). This may produce a
frenzied rush to make sure that enough money is authorized and
appropriated when under discretionary spending and spending caps, but this
is not the case with food stamps as an entitlement program.
Under spending caps, institutional rules constrain actors from creating
and implementing substantive budgetary reform. King says that optimists
may hope that legislators would create new institutional rules for reform, but
instead in the real world of politics, they lack responsible policymaking (King
R. , 2000, pp. 29-31).
Whereas one can understand how institutional politics has affected the
food stamp program, now let’s look at how political ideology affects it. This
is where partisan politics factors into the budget making process. King goes
to great lengths to explain this and provides a one-dimensional linear map,
which is helpful imagery to an otherwise abstract budget process. Again let’s
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unpack these budget rules from the context of the three budget rules. Under
discretionary spending constraints, a liberal Congress will tend to prefer
more appropriation the left, while a conservative president will fall to the
right of King’s map, thus wanting to reduce welfare outlays (King R. , 2000,
pp. 31-39).
Under entitlements, spending is set by statute and varies directly with
the number of people who receive transfer payments. In this case, the
president does not have any negotiating power because of the statutory or
mandatory spending requirement of entitlements. The reversion point is set
by default and produces the effect of Congress being non-participatory with
the president. The only situation where this would not be the case is if the
president possessed the line-item veto (King R. , 2000, pp. 31-39).
However, he cannot have the line-item veto because that act was invalidated
by the US Supreme Court in Clinton v. New York City.
Under spending caps, again it is a situation of a liberal Congress
versus the conservative president. But in this case, the reversion point is to
the far right. This can work to the benefit of the president when bargaining.
The “sweet spot” for the president is “P” on King’s map. The president will
negotiate for spending to the right of “x” while Congress will reject it. The
realm between “x” and “P” is probably acceptable for the president, while
the space away from “Qc” to the left is desirable for Congress (King, 2000,
pp. 32-39).
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In conclusion, King’s study of the politics of food stamps can also be
called the fiscalization of welfare. It is also a study much like trying to
understand the tax code, very difficult to understand as a whole, but easier
when approaching it piece by piece or by specific types of program. The food
stamp program is one piece of legislation, and so discussing the federal
budget process with such a familiar example as food stamps makes
generalizing King’s central message of politics in the food stamp budget
process easier to understand and applicable to studying other areas of the
federal budget, not just social welfare programs.
From Roosevelt’s New Deal administration and the creation of
entitlements to Johnson’s Great Society, America has had unprecedented
increases in entitlement spending in large part due to the fiscalization of
welfare. The issue with King is not that so much money is being spent, but
instead the processes by which the money is appropriated and the ethical
argument that can be made if that money is not spent.
The food stamp program is an argument for better treatment of the
poor, less fortunate, and those who need it for any other reason life
presents. An important question to ask is can Americans really be the city on
a hill for others, if it cannot take care of its own? Maybe or maybe not, but in
either case, what is the cost, or who will pay?
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Works Cited
King, R. (2000). Budget Entitlements: The Politics of Food Stamps. Washington, DC: Georgetown
University Press.