Novices to wannabes & clueless dreamers
As the middle class collapses and the novices, wannabes and clueless continue their fruitless search for personal fame and fortune; the reasons it isn’t happening.
‘Moving the goalposts and ring-fencing best practices in attracting situations, that covers 100% of the bases in leveraging a vision from the end-user perspective. Raising the bar and providing win-win deliverables. An outstanding results-orientated strategist and visionary guru, corporate athlete and dynamic team player, continually raising profits by 300%’
The Novices
In the biggest recession in living memory, with stagnating world economies and mass unemployment, let’s look a brief but serious look at reality and some unpalatable facts to prepare mentally for what lies ahead.
1. In the US, with a population of 320 million and a working wealth creating population of around 120 million, with 47 million on food stamps (an estimated increase of 27% since 2008), the unofficial estimated unemployment figure is 23 - 26%. The variation lies between including people as unemployed and ignoring those, ‘not in the labour force’, which is where the skewed figure of 4.7% comes from. Using the same semantics, Britain changed the term unemployed to job seekers in 1996, lowered unemployment at a stroke, yet left a nation of millions seeking work and by the same method, produced an amazingly near equal 4.9% of officially unemployed as America.
2. "[…] the economy is doing great […] by
It’s official. Well, almost. The document can't stop the pounding of the walls, by the terrible orders of their dictators broken words. I wonder what was that dirty rat thinking when he saw it. It’s amazing the outcome of the simple words on a piece a paper. It is able to raise spirits and destroy them. Even though the dirty rat’s army was basically doubled, I still have hope. I will always have hope. Hope is the strongest thing. Unbreakable. Texas is unbreakable, and it always will be.
Recession is a term that looms over any society at some point or another but what does recession mean for the economy, in short it is an economic decline. This essay will examine the meaning of recession and will discuss the fiscal and monetary policies that are used to pull economies out of recessions. The great Recession of 2008 will shed light on how these policies were successful at restoring economic growth and reducing unemployment.
Everybody in the United Stated was affected by the recession that began in December of 2007 and spanned all the way to June 2009. Even though the recession is over, many people are still being affected by it and have still not been able to recover from the great recession. “The recent recession features the largest decline in output, consumption, and investment, and the largest increase in unemployment, of any post-war recession”. Many people lost their jobs due to the recession and some of them are still having a hard time finding jobs and getting back on their feet. Businesses
President Theodore Roosevelt is one of the most widely respected and popular figures in history. From his childhood to adulthood, he is an example of great courage, strength, perseverance and success. He once said, “The only man who never makes mistakes is a man who never does anything.” Despite having a very weak body as a child, he never gave up on himself nor his dreams. He was quite the role model for civilians during his time and even today. As the only president from New York City, his childhood home is in downtown Manhattan. It is obvious that he lead a very wealthy life with a loving family. His parents were very supportive and raised their children in an intellectually stimulating environment. For
In the midst of the current economic downturn, dubbed the “Great Recession”, it is natural to look for one, singular entity or person to blame. Managers of large banks, professional investors and federal regulators have all been named as potential creators of the recession, with varying degrees of guilt. No matter who is to blame, the fallout from the mistakes that were made that led to the current crisis is clear. According to the Bureau of Labor Statistics, the current unemployment rate is 9.7%, with 9.3 million Americans out of work (Bureau of Labor Statistics). Compared to a normal economic rate of two or three percent, it is clear that the decisions of one group of people have had a profound affect on the lives of millions of
Beginning with unemployment in the 2007-2009 recession, U.S. unemployment rates peaked at 10% as well as held 41 consecutive months at rates higher than eight percent (Lazear 1). The U.S. economy plummeted during this time; many attributed the shift to a large decrease in the number of employed workers. To be able to better understand the unemployment issue, we must first examine the form of unemployment faced by the U.S. economy. Many believe that the changes faced by the U.S. labor market
The recession of 2008 is also called the ‘Great Recession’, said to have begun in December 2007, and took a turn for the worse in September 2008, and it was a severe economic problem expanded globally. This recession affected the world economy, and is said to have been the worst financial disaster since the Great Depression. The decline in the Dow Jones this time was -53.8%. Since the official start of the recession in December 2007, and through June 2010 there have been about 2.3 million homes foreclosed in the United States. In 2012, the state with the most foreclosures in January alone was California, with 51,584 houses being repossessed. Unemployment during this collapse was 8.5%, and continued to increase to about 10% as of 2010. People’s reaction to this recession was a huge decrease in spending and borrowing from banks, but an increase in saving.
The Great Recession that began in 2007 introduced people to a feeling not since felt since the Great Depression of the 30’s and 40’s. It reintroduced a new generation to the realization that we cannot take anything for granted. It sprung up fears in a fearless population, and out of it born a stress like no other. We can harness that stress; we own it as individuals, employees, as employers, as caretakers of the future.
The social perceptions surrounding the recession are strong influences on every individual’s personal economic decision making. Taking into consideration other influences such as the media, possible psychological errors, and personal self awareness and control it is easy to see how the current mood is fairly
In Australia there is a consensus that think that the unemployed don’t want to work and are not willing to find work; this claiming that they are lazy and conning the government for benefits (if they receive them). However, not all unemployed actually enjoy being without a job to survive and struggle with not having enough job opportunities, not being able to work due to lack of qualifications and not willing to take a job that will lead them to deficit (Csoba, 2010). Looking at it from a conflict theorist’s point of view it is people who have the money and the power that generate these limitations that unemployed members of society face. For
This recession has been the biggest economic struggle in my lifetime. Everything that could go wrong went wrong. The event that led to this recession is the housing crisis, where banks were giving out loans, almost without any restrictions. People were getting involved in one of the best economic times in our history. Confidence was everywhere and the ideal mindset hit everyone. When the economy hit all new highs, people thought the supply and demand chain would continuously rise. The business cycle seemed to be a lie to many Americans. However, the business cycle is real and the world lives a part of it everyday. When deregulation became extreme and private companies, especially banks, got all the power, nothing could stop them
Discuss how your understanding of change has been developed by your prescribed and related texts.
The documentary “Inside Job” offers its viewers with a thorough and thoughtful analysis of the 2008 financial crisis, which eventually led to the Great Recession that later cost the world ten trillion dollars and thirty million jobs. Almost all major economist as well as the International Monetary Fund (IMF) agree that the recession is the worst global recession that has ever happened since the Great Depression of the 1930s.
Unemployment is currently measured in the United States by counting those who "do not have a job, have actively looked for work in the prior four weeks, and are currently available for work" (Leonhardt). This means that a great deal of people are not counted as unemployed because they are discouraged and have not looked for work in the past four weeks. Or, the person was injured in some way and they are "not currently" available for work. This does not mean that the people in either of these groups do not actually wish to find work, but it does mean that they are not counted because of an archaic system that has been used by
Utopia, by Sir Thomas More, is a socio-political commentary on the state of 16th century English society. Originally published in 1516, More’s work has divided scholars on his intentions; whether he wanted for readers to seriously consider his ideas as a blueprint for society, or whether Utopia was merely an avenue for satire on his country. By examining how the text is presented, as well as features of Utopian society, including communal property, its absence of sin, and their impracticality in Tudor England, it can be argued that More does not expect readers to conclude that Utopia is the best of commonwealth.