America At The Precipice Restoring The Plummeting Middle Class Standard Of Living
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America At The Precipice Restoring The Plummeting Middle Class Standard Of Living
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Author : Gary R. Patterson
language : en
Publisher:
Release Date : 2014-07-21
America At The Precipice Restoring The Plummeting Middle Class Standard Of Living written by Gary R. Patterson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-21 with Business & Economics categories.
Neither political party has been able to stem the plummeting fall in the Middle Class Standard of Living that has occurred since the Economic Meltdown of 2008. Moreover, in recent years, the average 1%-2% annual Cost of Living Index (CPI) calculated by the Bureau of Labor Statistics only belies, masks and understates the frightful upsurge in the dominant CPI Index cost components of Health Care, College Tuition, Energy, as well as Federal income tax hikes, which have economically devastated Middle Class Americans over the last five years. Innovative, yet pragmatic and equitable solutions must be formulated to not just stem the rise of these four major CPI cost factors, but go beyond and strive to achieve justifiable, permanent "rollbacks" and cost decreases as well. Together these four specific CPI cost factors have incrementally contributed to an actual, staggering 19% plunge in the American Middle Class Standard of Living just since 2009. And, even though Barack Obama, as President, has presided over this precipitous Middle Class economic decline, alternatively, the Republican Party has, for years, been successfully portrayed by Democrats as being "tone deaf" and indifferent to the plight of Middle Class America. Rightly or wrongly, perceived as primarily safeguarding the financial interests of the Wealthy, the GOP is further regarded by many as failing 1) to elevate and give priority emphasis to the dire economic straits that the Middle Class in America is currently facing and 2) to pro-actively devise specific common sense and apolitical solutions (as presented herein) that are, indeed, justifiably equitable and meant to rectify and justly remediate the disproportionate economic burden that Middle Class Americans have been relegated to endure. Unless and until the Republican Party is perceived as pro-actively adopting a Middle Class priority emphasis, it will continue to struggle to alter its elitest perception in the minds of a wide swath of Middle Class an
America The Possible
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Author : James Gustave Speth
language : en
Publisher: Yale University Press
Release Date : 2012-09-25
America The Possible written by James Gustave Speth and has been published by Yale University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-09-25 with Political Science categories.
In this third volume of his award-winning American Crisis series, James Gustave Speth makes his boldest and most ambitious contribution yet. He looks unsparingly at the sea of troubles in which the United States now finds itself, charts a course through the discouragement and despair commonly felt today, and envisions what he calls America the Possible, an attractive and plausible future that we can still realize. The book identifies a dozen features of the American political economy--the country's basic operating system--where transformative change is essential. It spells out the specific changes that are needed to move toward a new political economy--one in which the true priority is to sustain people and planet. Supported by a compelling "theory of change" that explains how system change can come to America, the book also presents a vision of political, social, and economic life in a renewed America. Speth envisions a future that will be well worth fighting for. In short, this is a book about the American future and the strong possibility that we yet have it in ourselves to use our freedom and our democracy in powerful ways to create something fine, a reborn America, for our children and grandchildren.
The Global Financial Crisis And Its Aftermath
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Author : A. G. Malliaris
language : en
Publisher: Oxford University Press
Release Date : 2016
The Global Financial Crisis And Its Aftermath written by A. G. Malliaris and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Business & Economics categories.
... Expert contributors argue that the complexity of the Global Financial Crisis challenges researchers to offer more comprehensive explanations by extending the scope and range of their traditional investigations. To achieve this, the volume views the financial crisis simultaneously through three different lenses--economic, psychological, and social values ... They recognize how current economic analysis did not prepare academic economists, business economists, traders, and regulators to anticipate economic and financial crises ...
The Financial Crisis Inquiry Report
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Author : Financial Crisis Inquiry Commission
language : en
Publisher: Cosimo, Inc.
Release Date : 2011-05-01
The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and has been published by Cosimo, Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-05-01 with Political Science categories.
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Global Waves Of Debt
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Author : M. Ayhan Kose
language : en
Publisher: World Bank Publications
Release Date : 2021-03-03
Global Waves Of Debt written by M. Ayhan Kose and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-03 with Business & Economics categories.
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Congressional Record
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Author : United States. Congress
language : en
Publisher:
Release Date : 1951
Congressional Record written by United States. Congress and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1951 with Law categories.
The Precipice
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Author : Toby Ord
language : en
Publisher: Hachette UK
Release Date : 2020-03-24
The Precipice written by Toby Ord and has been published by Hachette UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-24 with Philosophy categories.
This urgent and eye-opening book makes the case that protecting humanity's future is the central challenge of our time. If all goes well, human history is just beginning. Our species could survive for billions of years - enough time to end disease, poverty, and injustice, and to flourish in ways unimaginable today. But this vast future is at risk. With the advent of nuclear weapons, humanity entered a new age, where we face existential catastrophes - those from which we could never come back. Since then, these dangers have only multiplied, from climate change to engineered pathogens and artificial intelligence. If we do not act fast to reach a place of safety, it will soon be too late. Drawing on over a decade of research, The Precipice explores the cutting-edge science behind the risks we face. It puts them in the context of the greater story of humanity: showing how ending these risks is among the most pressing moral issues of our time. And it points the way forward, to the actions and strategies that can safeguard humanity. An Oxford philosopher committed to putting ideas into action, Toby Ord has advised the US National Intelligence Council, the UK Prime Minister's Office, and the World Bank on the biggest questions facing humanity. In The Precipice, he offers a startling reassessment of human history, the future we are failing to protect, and the steps we must take to ensure that our generation is not the last. "A book that seems made for the present moment." —New Yorker
Manufacturing A Better Future For America
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Author : Richard McCormack
language : en
Publisher:
Release Date : 2009
Manufacturing A Better Future For America written by Richard McCormack and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Globalization categories.
Hot Flat And Crowded
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Author : Thomas L. Friedman
language : en
Publisher: Penguin UK
Release Date : 2009-11-05
Hot Flat And Crowded written by Thomas L. Friedman and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-05 with Business & Economics categories.
Thomas L. Friedman's phenomenal number-one bestseller The World is Flat has helped millions of readers see the world in a new way. In this essential new book, Friedman takes a fresh and provocative look at two of the biggest challenges we face today: the global environmental crisis and America's surprising loss of focus and national purpose since 9/11. It is a groundbreaking account of where we stand now, and he shows us how the solutions to these two big problems are linked - how we can restore the world and revive America at the same time. Friedman explains how global warming, rapidly growing populations, and the astonishing expansion of the world's middle class through globalization have produced a planet that is 'hot, flat, and crowded'. In just a few years, it will be too late to fix things - unless there is a worldwide effort to replace our wasteful, inefficient energy practices with a strategy for clean energy, energy efficiency, and conservation that Friedman calls Code Green. This is a great challenge, Friedman explains, but also a great opportunity, and one that we cannot afford to miss. He argues that this cannot happen without American commitment and leadership. In vivid, entertaining chapters, Friedman makes it clear that the green revolution we need is like no revolution the world has seen. It will be the biggest innovation project in history; it will be hard, not easy; and it will change everything, from what you put into your car to what you see on your electric bill. But the payoff will be more than just cleaner air. It will inspire us to summon all the intelligence, creativity, boldness and concern for the common good that are our greatest human resources. Hot, Flat, and Crowded is classic Thomas L. Friedman: fearless, incisive, forward-looking, and rich in surprising common sense about the challenge - and the promise - of the future.
China S Economic Rise
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Author : Congressional Research Service
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2017-09-17
China S Economic Rise written by Congressional Research Service and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-17 with categories.
Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.