The Effects of Government Spending and Borrowing Essay examples -- Gov

The Effects of Government Spending and Borrowing Government borrowing can be inflationary because the government borrows from banks, which increases the money supply. Banks assume that consumers will not take more than 10% of their savings out and on that basis are able to lend to the government. This increases the money supply because the government has borrowed from the bank but the consumer’s savings stay the same and therefore there is more money in circulation. According to monetarist beliefs an increase in the money supply will directly increase inflation. Inflation can lead to unemployment, as people demand less due to higher prices and therefore demand for labor maybe decreased. Inflation also creates uncertainty for entrepreneurs, cost curves increase and revenue can decrease thus squeezing profits. Also when inflation is in the mind of the entrepreneur it can escalate easily as they will take inflationary actions like automatically increase prices and therefore it is imperative government spending/borrowing is controlled. Although government borrowing does increase the money supply, the monetarist view of a direct link between money supply and inflation is wrong, as proved when Britain experienced recession under Margaret Thatcher. In order to control the money supply the government cut borrowing and spending, which in theory would reduce the money supply, inflation and unemployment but interest rates had to rise to stop consumer borrowing, which in turn increased the exchange rate. High interest rates curbed consumer borrowing, which reduces demand for products, along with a high exchange rate ruining demand for exports ... ...ector borrowing is not the enemy of unemployment. If the government borrows too much then there will have to be increases in taxes, mainly corporation tax and this will also contribute to some unemployment, but the public sector does help employment in some ways. Education and training (funded by the government) provides a skilled, desirable workforce, which will encourage British firms to employ British workers instead of looking for other skilled workers in an increasingly globalized world. The National Health Service also reduces the amount of residual unemployed and therefore contributes to keeping employment levels high. Government borrowing should only occur if for investment purposes and if it will be repaid over the cycle, otherwise it destroys entrepreneur confidence and eventually leads to unemployment.

Organizational Objectives and Total Compensation in Different Markets Essay

Organizational Objectives and Total Compensation in Different Markets Total compensation is an important piece of the human resource puzzle. It is the thread that can tie valuable employees to the company and its overall success. The laws and regulations are significant in knowing and understanding in an attempt to apply that knowledge to the overall design of the total compensation package a company offers. Working as a federally contracted employer for more than 200 employees, certain laws and regulations will affect the total compensation package within the organization. One in particular is the Affordable Healthcare Act. Two biotech organizations and their total compensation package will be discussed. The Affordable Health Care Act The Affordable Health Care Act was designed to help all people obtain and maintain their healthcare coverage even in the event of loss of employment. The creation of the Afforadble Health Care Act allows insurance companies â€Å"from discriminating against anyone with a pre-existing condition, dropping your coverage if you get sick, billing you into bankruptcy because of an illness or injury, and limiting your annual or lifetime benefits† (www.whitehouse.gov, 2013). The Affordable Health Care Act was not received well from some of the population. It seemed to be not quite so affordable and quite difficult to obtain. After a few of these glitches have been repaired, it is becoming more acceptable to everyone it is intended for. The above was just one law that is now to be considered when creating the total compensation package. Most of the benefits offered will be based on the size and location of an organization. This organization’s total compensation package will include an array of benefits that each employee will be offered once they have been hired. These items include: Medical plan (dental, vision) LTD, STD plans Flexible spending accounts 401(k) plans Tuition Reimbursement for continuing education Employee Assistance Programs Onsite gym Comparisons to these benefits have been made with other biotech organizations, namely United Therapeutics and Amicus Therapeutics. United Therapeutics The first organization for comparison is United Therapeutics Corporation. This company focuses on diversity within its operations and its quest of medicinal discoveries. â€Å"United Therapeutics Corporation is a biotechnology company focused on the development and commercialization of unique products to address the unmet medical needs of patients with chronic and life-threatening conditions† (www.unitedtherapeutics.com, n.d.). Some of the benefits United Therapeutics offers is: Medical Plan (medical, prescription, dental, vision) 401k plan Onsite daycare center STD/LTD plans Spouse/Domestic partner coverage EAP Stock Purchase Plan Employee Referral Bonus Amicus Therapeutics Amicus Therapeutics is also a biotechnology organization that employees over 200 employees. Their main focus is to engineer and develop treatments for rare and orphan diseases. Their total compensation package includes: Medical, dental, vision Flexible spending accounts 401(k) plans Education assistance Incentive awards Employee programs The packages offered by these companies are very similar. The differences would be that United offers onsite daycare, stock purchase options and employee referral bonuses. Many of the basic benefits such as medical, flex spending and 401k usually is the most important benefit for most employees. Offering other fringe benefits will just help to retain the current pool of employees and any future employees that join the organization. Conclusion An attractive compensation package is important to appeal to prospective employees and to retain current employees. The total compensation package that is being offered has been compared to two other biotech organizations and is fairly similar and acceptable in this particular industry. References http://www.amicusrx.com. (n.d.). Retrieved from http://www.amicusrx.com/careers.aspx http://www.unither.com. (n.d.). Retrieved from http://www.unither.com/careers-benefits.html http://www.whitehouse.gov. (2013). Retrieved from http://www.whitehouse.gov/sites/default/files/uploads/careact.pdf

Essay on Rhetorical Analysis of Jfk Civil Rights Address

The Civil Rights Address was one of the most influential speeches President John F. Kennedy has ever presented to the American people, and was one of many of his many accomplishments during his presidency. America was experiencing racial discrimination and racial inequality, and Americans needed a leader who would unite them. John F. Kennedy was a sincere, honest, inspirational individual whose duty was to influence equality to Americans. President John F. Kennedy’s address inspires and pulls on the passion of Americans; he wants all Americans to promote and protect and protect the rights that all men are free, he addresses this a sectional issue and that and our task; our obligation, is to make that revolution, and that everyone in†¦show more content†¦Kennedy addresses that this is not a sectional issue. He uses logos to prove his purpose of addressing this speech of Civil Rights. President Kennedy explains that â€Å"The Negro baby born in America today, regardles s of the section of the State in which he is born - one-third as much chance of becoming a professional man, twice as much chance of becoming unemployed, about one-seventh as much chance of earning $10,000 a year, a life expectancy which is 7 years shorter, and the prospects of earning only half as much â€Å"(4). Kennedy uses evidence and logic that African Americans don’t nearly have the same rights and freedoms as whites. This proves that Americans should realize this inequality among them and put a stop to it. Kennedy also states that â€Å"segregation and discrimination occurs in every city of good will and generosity should be able to unite regardless of party or politics this is a problem which faces us all - in every city of the North as well as the South†(18). He uses evidence that explains that this not just a problem in the South but also in North and is a problem all over the nation. Kennedy addresses that â€Å"negroes unemployed, two or three times as m any compared to whites† (18). He uses statistics to thoroughly state his argument that all Africans Americans are facing the obstacle of segregation and discrimination. With the use of logos Kennedy does a good job at proving to Americans that racial segregation needs to end. The final way John F.Show MoreRelatedOutsourcing: Lets Get It Right Essay1208 Words   |  5 Pagesâ€Å"The rights of every man are diminished when the rights of one man are threatened† (Kennedy, 1963). Continuous improvements in technology capabilities have provided companies with tools to more easily conduct business on a global scale. However, when conducting business with different cultures, you risk different ethical standards. Companies should be accountable for ensuring their product or services can be received by the consumer in good conscience, void of human ethics violations, regardlessRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesMichael Adas for the American Historical Association TEMPLE UNIVERSITY PRESS PHILADELPHIA Temple University Press 1601 North Broad Street Philadelphia, Pennsylvania 19122 www.temple.edu/tempress Copyright  © 2010 by Temple University All rights reserved Published 2010 Library of Congress Cataloging-in-Publication Data Essays on twentieth century history / edited by Michael Peter Adas for the American Historical Association. p. cm.—(Critical perspectives on the past) Includes bibliographical