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Why Does The Government Try To Manage The Domestic Economy
READING RESPONSE #4 1. Chapter 17 – How does the government try to manage the domestic
economy – explain the difference between fiscal and monetary policy? Why did the 2008 financial
crisis happen? In your opinion, did the government do too much or too little to lessen the
consequences of the crash in 2008? – The United States government manages the domestic economy
by creating and implementing fiscal and monetary policies. Primarily, fiscal policies involve
changes in government spending and taxation intended to affect the overall spending. (625) On the
other hand, monetary policies involve changes in the amount or quantity of money being circulated
intended to affect interest rates and the overall spending. Both of these policies are implemented ...
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Chapter 18 – The U.S. has the largest defense budget in the entire world – do you think this is
necessary or unnecessary? Explain and defend your answer. The United States has the largest
defense budget in the entire world. It spent approximately $753 billion for defense in 2010, which is
almost as much as the rest of the countries in the world combined. (652) Even though I agree with
some who may argue that appropriating a large defense budget is necessary for security, I,
personally, believe that United States' spending on defense is unnecessary. It is true that one
advantage of this massive spending is having the largest and most efficient military force in the
world. (652) However, this spending also brings several disadvantages. Primarily, sustaining a large
military places burden on the citizens. Besides from borrowing money, the United States needs to
earn revenue to cover the costs of defense. In order to do this, they must collect money from the
citizens through taxation. (653) Second, having the largest military force and deploying them in
places around the world creates a security trap. It creates a negative perception from other nations
because it threatens their security. (652) For example, in a survey done in 2009 by the World Public
Opinion, the majority of people in most countries think that the United States is "abusing its great
power" and is treating their respective nations unfairly. Particularly in Pakistan, 90% believe the US
is abusing power and only 10% believe they were being treated fairly. (663) Lastly, it creates a great
economic burden for the United States, itself. For example, one of the main reasons for the rise of
the United States federal deficit is the involvement in Iraq and Afghanistan, which is said to exceed
$400 billion. (635) Slightly cutting back on defense spending and military size would not undermine
our military primacy nor make the United States inferior to other countries in the aspect of military
power. The second
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Clinical Information Case Study
Issues Clinical Information Sharing The number of duplicate tests, readmissions, medical errors can
be prevented by sharing of clinical information among the hospitals and from one area to another
area. The exchange of poor clinical information such as laboratory results and medication lists
between hospitals and primary care providers gives limitation during transfer of patient from one
hospital.When this situation occurs, most of the providers require the patients take different tests
even if they already did those tests in previous hospitals. Electronic Health Information Exchange:
From 2008 to 2012, the health information exchanges outside of the providers or health care
organizations increased substantially. Even though the ... Show more content on Helpwriting.net ...
The survey was also sent twice in the year of 2008 and 2012 which could give the authors enough
data to analysis. Types of clinical information and HCOs: The authors compare the following
categories of data to analysis: radiology reports, laboratory results, clinical care summaries, and
medication lists. They compared the hospital reported exchange the information with the providers
outside the organization. Limitations: The data was collected by the health IT supplements to the
American Hospital Association's annual survey which was self–reported and hard to verify the
accuracy of the responses. Also the authors could not make sure if the result of the survey was
biased depend on the respondents with their different attitude when they were taking this survey.
Perspective Hospital Exchange Activity: This study showed the hospitals' information exchanges
increased significantly during the year 2008 and 2012, especially after the year 2010. The rate of
information exchange was increased from 17 percent in 2008 to 58 percent in 2012 which was
tripled increased. EHR Adoption and HIO Participation: The adoption of EHR was extremely
increased from 2008 to 2012 which was 9 percent in 2008 and 44 percent in 2012. The participation
in HIO of the hospitals also increased from 2008 to 2012 which was 16 percent in 2008 to 29
percent in 2012. Hospital and Area Characteristics: Some of the HCOs were preferred not to share
the information or
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American Recovery Reinvestment
The American Recovery and Reinvestment Act of 2009 The objective of the American Recovery
and Reinvestment act, also known as the "stimulus" was to end the recession that had occurred in
2008. The recession had a major impact on the U.S job market. The United States congress
approved the act which consisted of an investment of 787 billion dollars in order to encourage
customer spending and also to save old jobs and create new ones. The act encouraged economic
growth by affirming the following: 1)Clean Efficient American Energy Through the Recovery Act,
the Energy Department invested more than $31 billion to support a wide range of clean energy
projects across the nation –– from investing in the smart grid and developing alternative fuel
vehicles ... Show more content on Helpwriting.net ...
Suspension of taxes on the first $2,400 of unemployment benefits through 2009. In addition to this
package, an amount of 25$ was obtained by unemployment benefits for a limited period of time, it
was the same case for job training and job funding. Moreover, other services such as food stamps
were extended as well. 9)Accountability The legislation of the ARRA contains on its own a wide
range of accountability provisions, that include the conception of a disclosure website that came to
be recognized as Recovery.gov. This was the doing of both the Obama Administration and the
Congress. Proactively, numerous advocacy groups outside the government were pressing maximum
openness to stimulus spending. Was it a
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Implementation Of ARRA
Journal Article Seven
1. Title
Capacity, Guidance, and the Implementation of the American Recovery and Reinvestment Act 2.
Author
Sandy Carley, Sean Nicholson–Crotty, Eric J Fisher
3. Source
Public Administration Review; Vol. 75, No.1; pp. 113–125
4. Summary
This research addresses the American Recovery and Reinvestment Act (ARRA) of 2009. This act
was an economic stimulus plan that President Barack Obama signed into law to help with the
struggling economy. "Over the course of just three years, from 2009 through 2011, the ARRA was
designed to inject $840 billion into the U.S. economy" (Carley et al, 2014, p. 113). Each state had a
variation of how the funds were allocated, so the researchers conduct several surveys. "This study
draws on ... Show more content on Helpwriting.net ...
It was found from the respondents in the study that the process of collecting and processing
information necessary to comply with the new requirements affected program implementation
(Carley, et, al, 2014).
vi. Discuss the stakeholders, organizations, and people who are impacted by the public policy as
well as how the different levels of government interact as a result of the legislation (federal, state,
and local)?
The organizations affected are the Federal and state governments. The Federal Government has been
increasing spending on state entitlements as a direct result of the passage of the ARRA act of 2009
with state governments being a direct recipient of federal aid within this program. This article
directly examines a state's ability to follow the Federal Government's guidelines within the ARRA to
receive funding. The article successfully explains how some states have met this challenge with
greater success than other states in procuring Federal funds within the ARRA guidelines.
vii. Does the article fit into an existing theoretical framework? In other words, what theory (ies)
does the article address that was discussed in class or in the
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Essay on Obama's Success
Has President Obama done a good job? A controversial question many Americans are talking about
today. Considering the nature of a Presidential job and the state our economy was in when President
Obama was elected, I believe that he has done the best job he could. Many people do not see his
accomplishments and the great things he has put into place not only helping to stimulate our
economy but helping to make American soil feel like a safe place again. The beginning of the
economic crisis began with the fall of AIG and Lehman Brothers in the spring of 2008. Bush and
Obama were in debate in the best way to rescue the economy and the stimulus needed to bring
America out of the recession. Bush's first attempt to pass the $700 billion bank ... Show more
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The act made $275 billion available for federal contracts, grants and loans and all recipients of
federal funds must now report quarterly on the use of the funds. The use of these government funds
is available to the public to see on Revocery.gov. (The Recovery Act) So is the Recovery Act
working? Although we will never know how the economy would have reacted without the Act.
There is evidence that shows since the time when the Act was passed there were a few million jobs
created and the unemployment rate dropped a few points. We also saw growth in the Gross
Domestic Product succeeding the signing of the Act. Therefore it is fair to say that the Recovery Act
certainly helped keep our economy from falling into a depression. (Bernstein) "On May 22, 2009,
President Obama signed the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act
of 2009, marking a turning point for American consumers and ending the days of unfair rate hikes
and hidden fees." (Secretary). President Obama felt it was necessary to strengthen consumer
protection in the credit card market. With the Credit Card reform comes many new laws. Unfair rate
increases were prevented putting a ban on increasing rates on existing balances. It also put an end to
unfair fee traps. Credit Card Companies were made to give customers at least twenty–one s days
from the time of mailing to pay. The reform also stopped late fee traps for weekend due dates and
middle of the day
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Electronic Health Records: A Case Study
With the presumption of health care technology would improve quality and safety of patient care,
and in the long–term would also reduce cost, the American Recovery, and Reinvestment Act of 2009
(ARRA) passed legislation to invest $24 billion for computerizing medical records. (Mason, Leavitt
&Chaffee 2014). Though, government funds the initial investment on technology, maintaining
(frequently updating software and hiring technologist) is the sheer responsibility of the healthcare
organization. So it is not an easy task at all. Before deciding to implement health care information
technology, one should carefully weigh the costs and benefits. Successful implementation of
Electronic Health Records (EHS) takes a well–thought plan and a careful
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The Energy Policy Act Of 2005
The Unites States of America is the single largest power consuming nation on earth.
Since the gasoline and fuel oil shortages of the 1970's, the topic of renewable energy has been high
on the agenda of politicians and environmentalists alike. The search for clean, renewable energy was
deemed to be in the public interest, so the US Government stepped into the fight with research
grants and financial aid for private companies in order to jump start clean energy industries here in
the United States. Companies specializing in clean energy solutions using wind, solar, geothermal,
and even ocean wave energy harvesting technology have sprung up, looking for their share of
Government money offered by the Department of Energy under the ... Show more content on
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Sounds simple, right? What could go wrong? The answer: plenty!
After the company was founded in 2005, Solyndra raised $450 million from private investors by
2008. It then applied for a loan from the US Government in 2008 under the Energy
Policy Act of 2005. The Bush Administration turned them down in January, 2009 just days before
leaving office, citing the fact that there had not been an independent market study on the feasibility
of what they were proposing. In March of 2009 after Obama took office, his
Administration hastily reopened discussions with Solyndra and the chase was on. Obama
Administration officials pushed the Solyndra deal through despite the grave concerns from
Government watchdog agencies and financial advisers. They arranged a political photo op for
President Obama to visit Solyndra in May 2010 to announce Solyndra's partnership with the US
Government in providing clean energy, as promised while he was on the campaign trail.
Unknown to US Taxpayers, the partnership was fatally flawed from the start and was doomed to
fail. All of the usual Government oversight process was circumvented by the Obama
Administration in order to drive the deal through without all of the normal checks and balances.
The President was keen to have his Green Energy policy kicked off, ready or not, for purely political
reasons. There were those in the Administration who knew that Solyndra would not
succeed,
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Recovery Economy Failure
Introduction
The American Recovery and Reinvestment Act of 2009 (Recovery Act), is an economic stimulus
package that was signed into law in February of 2009 (Grunwald, 2010). The Recovery Act was
enacted to stimulate the United States (U.S) economy during the (2007–2009) recession
(Investopedia. 2009). According to The White House, the Recovery Act "includes measures to
modernize our nation's infrastructure, enhance energy independence, expand educational
opportunities, preserve and improve affordable health care, provide tax relief, and protect those in
greatest need. (The White House, United States Government, 2009)".
Market Failure
2008 was the year that the US economy faced its largest challenge since the Great Depression. In
fact, the ... Show more content on Helpwriting.net ...
Cons
As seen above, the Recovery Act took aim at several issues facing our economy, essentially having
something for everybody. However, many believed that it was too complicated and too costly.
(Grunwald, 2014).
At the time that the Recovery Act was enacted, the Congressional Budget Office (CBO) and the staff
of the Joint Committee on Taxation estimated that it would increase budget deficits by $787 billion
between fiscal years 2009 and 2019. However, later estimates show the total impact to be over $840
billion by 2019. According to the CBO, close to half of the funds distributed occurred in fiscal year
2010, with more than 95 percent of the Recovery Act's budget being used by the end of December
2014. (Congressional Budget Office, 2015).
Many U.S citizens complained that the Recovery Act was too confusing; it was hard for them to
determine what tax breaks they qualified for, and some even noted that their taxes had increased.
Extended unemployment benefits and other entitlement programs provided the unemployed an
incentive to remain
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The American Recovery And Reinvestment Act Of 2009 ( Arra )
Under the provisions of the American Recovery and Reinvestment Act of 2009 (ARRA, or the
Stimulus Act"), certain eligible providers are eligible for financial incentives for following and
documenting "meaningful use" of a certified electronic medical record system. According to the
HRSA, "in July 2010, the Centers of Medicare & Medicaid Services (CMS) published a final rule
which established three phases of the EHR Incentive Program. The three stages of Meaningful Use
are designed to support eligible professionals and hospitals with implementing and using EHRs in a
meaningful way to help improve the quality and safety of the nation's healthcare system." The end
point here is not that having an electronic medical record will allow for a ... Show more content on
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Organizations will have these incentives and programs in place that will seek to improve the over all
health of Americans along with the performance of our health care system. "Meaningful Use"
through the use of the electronic medical records system will have five areas that they will be
focusing on to do just that. These goals consist of;
Improve the quality, safety, and efficiency of care while reducing disparities
Engage patients and families in their own care
Promote public and population health
Improve care coordination
Promote the privacy and security of patient information.
When it comes to the reporting of objectives and measures for "meaningful use," the main set of
items providers and organization will report are known as "objectives and Measures." The objectives
are broad policy goals based on high priority health outcomes that are thought to be achieved
through "meaningful use – such as e–prescribing. The measures are the actual criteria that providers
and organization are required to meet to realize that objective.
These objectives and measures that are provided to the providers and organizations are broken down
into two major parts, "core" objectives and "menu" objectives. The "core" objectives are a list of
fifteen items which all organizations/providers will have to attest on. Then the
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U.s. National Bureau Of Economic Research
In the political cartoon "Five Year Anniversary," by Nate Beeler, five stacks of one hundred dollar
bills are set on fire on top of a cake that reads "2009 Stimulus." The five candles represent the
Stimulus Package's, also known as the American Recovery and Reinvestment Act, five years of age
upon being signed into legislation by Barack Obama in 2009. Beeler's cartoon depicts the idea that
the ARRA wasted money rather than pushing the economy out of the Great Recession.
In December 2007, the United States experienced a time of rising unemployment and declining GDP
(gross domestic product) that lasted until 2009. This period was dubbed the Great Recession due to
the severity of the negative impacts. The U.S. National Bureau of Economic Research defines a
recession as a "period of at least two consecutive quarters of declining levels of economic activity"
(Krabbenhoft), and during the time span between 2007 and 2009 GDP decreased by 3.5 percent and
unemployment rate increased more than 5 percent. The gross domestic product indicates the total
value of goods and services produced over a period of time, so production and consumer spending
decreased drastically. The government attempted to alleviate the unemployment rate and increase
economic growth by creating what's known as a multiplier effect. The multiplier effect occurs when
there is an increase in final income from the increase in spending from the initial stimulus.
Consumer expenditures make up 70 percent of GDP, and
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Economic Policies And The Great Recession Of 2008
Demand–side policies and the Great recession of 2008
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.
The economic meaning of a recession is that the gross Domestic Product (GDP) has declined for
two or more consecutive quarters. Unemployment rises, housing falls, stocks fall and the economy
is in trouble. Whenever the government sees that the economy is entering a recession it is important
for it to act. The U.S acted in two ways during the Great recession of 2008 through fiscal and
monetary policies. Renaud Fillieule identifies that " Monetary and credit expansions have been the
main tools used by the U.S. government and central bank to try and recover economically from the
Great Recession of 2008" (Fillieule r, Pg. 99 2016). These Keynesian policies are debatable among
economist, none the less they were implemented and put the U.S on the road to recovery.
Fiscal policies or government spending and tax cuts were implemented. ... Show more content on
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The U.S government implemented policies that would adhere to the Keynesian model that suggest
"that it is the responsibility of the government to help stabilize the economy" (Keynesian). Key
actions the government and the fed took was quantitative easing, the stimulus and recovery act
which were approved in 2009. Though the US has not completely recovered from the recession the
government did effectively stabilized our
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Economic Stimulus Act Of 2008
In the years of 2007–2008, the world economy faced the most severe global financial crisis. The
collapse of the sub–prime mortgage market was considered to be the trigger for the Global Financial
Crisis. In the United States, low interest rates and financial deregulation created credit conditions
where it was easier for the American people to buy homes with subprime loans. It increased the
housing demand and raised the house prices in the market, which resulted in a housing bubble.
Fannie Mae and Freddie Mac are two private corporations that are referred to as government–
sponsored enterprises. They offered a mass of mortgage–backed securities (MBS) to the high–risk
borrowers. Rising house prices created home equity for the borrowers, allowing ... Show more
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This act was a 120 billion dollar package that provided tax rebates to low and middle class
households. The package also provided tax incentives to businesses to help stimulate investment.
According to the research by Christian Broda and Jonathan A. Parker, they found that "households
with low income or low wealth spent more than those with higher income or wealth. Households
with annual income less than $15,000 increased their non–durable consumption, on average, by
more than 6% per week when their rebates arrived, almost twice the response of the typical
household." (Christian Broda and Jonathan A. Parker). So their conclusion was that the "Economic
Stimulus Act of 2008" was significantly successful to help households to boost their overall
consumption by 2.4% by providing tax rebates, which temporarily stimulated family spending and
mitigated economic pressures. From the view of business, the fiscal package assisted businesses in
stopping the expenses of depreciable business assets. The businesses were able to use tax relief to
increase their investments in new equipment. However, the Act was just providing temporary
support for consumer spending and business investment. It did not have a long–lasting effect and
was not sufficient enough to recover the U.S.
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The American Recovery And Reinvestment Act Of 2009 Essay
Advances in modern technology surrounds us in our day to day lives, allowing conveniences and
efficiency at our fingertips. Great strides have been made over the years with technology, and the
healthcare industry along with many other industries have adopted this new way of functioning;
electronically. The effects of technology have come to the forefront in where our government has
acknowledged the benefits and opportunities. "The promise of Health Information Technology for
improving quality and safety of health care while reducing costs has caught the eye of policy makers
and other leaders in health care" (Hersh, 2006). It deeply affects how we connect, interact, and
communicate internally and externally, but also gives us a sense of control on how we engage
ourselves to the innovative software and systems. So much so that our political leaders and President
Barack Obama have created a stimulus package called the American Recovery and Reinvestment
Act of 2009. Within this legislature, improvements to our healthcare industry and systems have been
made with long–term financial savings in mind. As technology and uniformed data was becoming
the standard in healthcare, the Health Information Technology for Economic and Clinical Health Act
has accelerated the speed. "The number of certified EHR vendors in the United States has increased
from 605,6 to more than 10007 since mid–2008" (Sitting and Singh, 2012). Healthcare organizations
now have no choice but to invest in a new
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United States Economy
According to the U.S. Labor Statistics 2011 report, when President Obama took office, the economy
was shedding nearly 800,000 jobs each month and millions of families were unable to make ends
meet. African Americans were hit especially hard by the recession struggling with significant
economic losses, including near–record high levels of unemployment and low average earnings
(U.S. Labor Statistics 2011). From day one the President has made turning the economy around a
top priority, and the policies enacted through the Recovery Act of 2009 have had a significant
impact on the country's economic well–being. According to the Center on Budget and Policy
Priorities, the Recovery Act and later expansions and extensions kept 1.3 million African Americans
above the poverty line last year alone (Sherman 2009). And this year, the continued expansion of
just two tax credits – the Earned Income Tax Credit and the Child tax Credit – has benefited an
estimated 2.2 million African American families and almost half of all African American children.
The targeted tax relief enacted by President Obama through both the Recovery Act and the
December tax Deal has provided relief to nearly every American, helping them bear the brunt of the
recession and supporting them as the economy has recovered (The President Agenda and the African
American Community, November 2011 pg. 4). Last December, President Obama fought for and
secured a 2 percent employee–side payroll tax cut (from 6.2
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The American Recovery And Reinvestment Act Essay
On February 17, 2009, the American Recovery and Reinvestment Act was instated. This fiscal plan
was created to stabilize the economy while it was spiraling down out of control. At the time, the
United States was experiencing many economic problems and was very close to a collapse. The
American Recovery and Reinvestment Act was created by Barack Obama to save 900,000 to 2.3
million jobs. The plan asked for 800 billion dollars but had to be approved by congress first. This
plan tried to end the breakdown of the economy and boost it back up to its normal level of
performance if not better. There were many plans that was proposed to the government on solving
this problem. The only thing is that most happened to be neoclassical. Most government officials
feared that a long term plan would never kick, the plan would need take full effect fast enough to
sustain and level out the economy for the current path that the economy was taking. So the
representatives in congress chose to pass Obama's plan. The plan by Obama was a keynesian type of
plan. "Keynesian economics is a theory of total spending in the economy (called aggregate demand)
and its effects on output and inflation. Although the term has been used (and abused) to describe
many things over the years, six principal tenets seem central to Keynesianism," (Blinder) The first
three describe how the economy works. This plan asked for full effect right off the bat with an 800
billion dollar loan, in which the loan would be
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Military Power Analysis
Gideon Rachman suggests perceptions of America's economic and military power in the U.S. and
around the world experienced a sharp decline during the presidency of Barack Obama. After
presenting evidence to support the notion of declining economic and military power of the sole
super power of the last few decades, the author leaves the reader questioning whether the U.S. can
adapt to a bipolar or multipolar power structure or whether the U.S. will pay to recover its'
dominance. At the outset, the author provides a number of examples of the failure of the Obama
administration to step–up to challenges to U.S. power after the killing of Osama bin Laden in 2011.
It is suggested that the U.S. image was being defined not by the successes in ... Show more content
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In addition to the U.S. failing to follow through on promises of military action, the Obama
presidency seemed to be taking a defensive posture and positioning the U.S. into a new world order
of rival power centers, namely the U.S. and China. From the appointment of Senator Check Hagel
and Charles Kupchan to the Obama administration to statements made by the President at the State
of the Union and Hilary Clinton as a 2008 presidential candidate, the Obama administration seemed
to be accepting of the U.S. need to adapt to a new world in order from singular primacy to one that
requires allies to maintain control and dominance. Though the U.S. government would not publicly
acknowledge pursuing a strategy of offshore balancing, the Obama administration's appointments,
statements, and actions suggest a game plan that came right from the offshore balancing playbook.
Lastly, the author lays out the case that the U.S. economy was quickly becoming second to China
and that the U.S. defense spending, along with allies has seen a significant decline over the ten
years. Not only has the defense spending on the U.S. and its' allies shrunk over the past decade, but
the defense spending of U.S. adversaries has risen, particularly by countries such as China and
Russia. Though the author provides a few examples of international back–pedaling and the decline
of U.S. defense spending with the rise of China's defense spending, it is my
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Gdp Paper
Gross Domestic Product, or GDP, is the value of all final goods or services produced in an economy
in a given year. It is split into four different components: consumption, investment, government
spending, and net exports. Consumption is 66% of GDP, and is divided into three separate parts:
durable goods, nondurable goods, and services. Investment is 17% of GDP, and is divided into four
separate parts: residential construction, nonresidential construction, purchase of capital equipment,
and changes in inventories. Government spending is also 17% of GDP, and is divided into three
separate parts: state spending, local spending, and federal spending. Net exports is around 1% of
GDP, and is calculated by subtracting imports from ... Show more content on Helpwriting.net ...
Investment The investment component makes up approximately 17% of GDP. The manufacturing
sector is located in the investment component of GDP and is considered a key indicator in
evaluating the strength of the economy. According to the Institute for Supply Management, the
manufacturing index rose in February to 35.8, up from 35.6 in January. It was the index's first
increase in eleven months, and was predicted to fall to 33.8. Sam Bullard, an economist at
Wachovia, stated that "Everyone is so pessimistic from first–quarter reports, so even when we see a
modest gain, it's a glimmer of hope." All of the eighteen manufacturing industries reported
contraction in February however; the Institute for Supply Management, as mentioned previously,
stated that any number below 50 denotes contraction in the sector. Bullard, as well as other
economists, believe that the index will remain constant until the end of 2009 when it will begin to
rise. People feel the same way about this as they do about consumption.
Investment is divided into four parts. The first of these parts is residential construction. Residential
construction includes new housing for consumers. CNNMoney.com's article entitled "Economy:
Worst in 26 Years," investment in housing fell 23% at
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The Foreclosure Crisis: The Rise And Fall Of The Great...
In December 2007, caused by the housing bubble, what is known as the Great Recession began
("The Great Recession"). Prior to this, people kept buying houses with high risk loans, because their
mortgage–backed securities were technically making profits when the house values increased;
however, when the house values started to decrease, those securities became worthless, thus people
were not able to pay for the house–many people had their house confiscated. As a result of this
wealth loss, consumer spending decreased sharply and many banks collapsed. The U.S. government
tried to combat this issue, but many of the fiscal policies they had created were controversial
because of their interference in the economy. One debate sparked on whether ... Show more content
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One of the biggest problems that contributed, is that the amount of the money spent was "too small"
and that it was providing money for everything–money was spent "from ailing infrastructure like
bridges and rails to invasive species like Asian carp and Russian olive trees" ("How the $800B").
Stimulus package create programs that are unnecessary and wasteful, for its primary goal is to put
American people to work. Republicans criticize that such economic measures run the country into
large deficit, having severe effects on the economy in the long term such as substantial increase in
inflation ("Deficit Spending"). Overall, Republicans believe that the program was too small in scale,
and its timid plan only created massive deficits of the country. Despite the should–have and could–
have afterthought arguments from Republicans, ARRA's accomplishment cannot be discredited; it
kept the real gross domestic product, or real GDP, from falling significantly, and it also increased
employment. The Council of Economic Advisers, or CEA, reports that the real GDP began to grow
steadily starting in the third quarter of 2009, and the ARRA has raised the level of GDP as of the
second quarter of 2011, relative to what it otherwise would have been, by between 2.0 and 2.9
percent ("President Obama's Stimulus"). ARRA struggle to win recognition of its
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Quantitative Easing During the Bush and Obama Administrations
Quantitative easing is an unusual form of policy used when interest rates are near 0%. Banks rouse
the nationwide financial system when usual monetary policies have become ineffective. In recent
decades the government Central bank has argued they are the government's most important financial
agency.
Throughout their power to change interest rates and buy massive amounts of financial assets, the
Federal Reserve System applied more influence over economic growth and the employment rate in
recent times than any other government entity.
During the Obama administration it's been used to sustain the financial system after the Wall Street
meltdown in 2008; it also gave the economy extraordinarily methods of support during the recession
such as ... Show more content on Helpwriting.net ...
Quantitative easing is in limited use when problems are a lack of need, businesses and consumers
were not interested in spending during high unemployment times knowing that money is cheaper.
Stock markets were advertised more, costs of American exports were lowered it also allowed
companies to borrow money at lower interest rates.
Using quantitative easing has helped the recovery of the USA and other developing countries. The
Fed's then limited their ability to pursue more measures, but congress ignored those appeals to help
support the economy. The Fed's decided to use smaller steps to help investor expectations and to
prevent a possible financial crisis in Europe. In 2011 it was announced that the FED's would hold
short–term interest rates close to zero percent through 2013; to help support the economy. Soon after
it was announced that using the "twist" operation would push long–term interest rates down, by
purchasing $400 billion in long–term treasury securities with profits from the sale of the short–term
government debt. Inaugurating a policy to help shape market expectations, which will raise interest
rates at the end of 2014.
This all started when Bush came into office in the 2000's with a budget surplus left from former
democratic President Bill Clinton. The first bill Bush decided to sign was the Economic Growth and
Tax Relief Recognition Act of 2001, which cut tax rates across the board. Throughout the years
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The Crisis Of The United States
The 2008 so called "Great Recession" was a time that was tough on a great deal of americans as well
as people all around of the world. The shock was the popping of the housing bubble. After the great
burst, the financial situation of the country began to spiral out of control. Unemployment
skyrocketed. Millions of Americans were laid off. The inflation rate plummeted to an extremely
unhealthy amount. This was strange because the United States had recently spent decades working
to lower inflation rate. They finally received what they wanted and much more. The consumer price
index also eventually crashed as well. A big reason for these crashes were civilian reactions to the
bursted housing bubbles. The United States took several actions to recover from the crisis. They
worked at lowering mortgage interest rates and also passed the American Recovery and
Reinvestment Act. They also bailed out huge failing banks like AIG. We took many actions that
eventually paid off and pulled us out of the recession. The housing market had raising prices that
economists thought was just steady growth. However, once the prices began to drop people grew
fearful and stopped buying. This totally through the market off and it crashed. The country from
there financially spiraled out of control.The cause for this bubble and the bursting of it can be
attributed to banking that was irresponsible to say the least. Bankers were handing out to mortgage
loans to people with low income jobs and poor credit
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Stimulus Package the Advantages and Disadvantages
The Advantages and Disadvantages of the Stimulus Package
Competition will be fierce for a piece of economic stimulus package pie. After all, this bail out is
directly the result of a credit system in crisis from overextension of subprime lending. Too many
American families are facing mounting piles of debt, job loss, and possibly the foreclosure of their
home and business. Surveys of taxpayers show the expected uses of the tax rebate to be paying a
bill/debt, beefing up a meager or depleted savings account, and spending it on a large item purchase.
The U.S. federal government is issuing a tax rebate for most middle and low income Americans.
Married couples receive the most at $1,200 dollars with a $300 dollar addendum per child. ... Show
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Best of all, all mortgages and homeowners who are financed, backed, or insured by Freddie Mac or
Fannie Mae will automatically be eligible for a home loan modification using the guidelines of this
Government housing bailout plan. Basically, now, a home loan modification or refinance is easier
than ever for a homeowner to be approved for while at the same time more beneficial.
Small Businesses
Obama's stimulus package, also known as The American Recovery and Reinvestment Act of 2009,
could be the solution to small businesses in the current economic situation. Dedicated to scientific
research, energy programs, school districts, contractors and Medicaid in conjunction with creating
millions of new jobs, the $787 billion economic recovery package is a major topic on NEWS across
the country. Who is going to be eligible for the money, how does one go about bidding for it and
how much would one receive are all important questions being asked by business owners. Good
news – the federal assistance is for everyone, especially business owners facing significant
challenges. This is even a great opportunity for small companies to step up and compete for business
with larger corporations. With the plan in place, smaller companies will have an opportunity to bid
competitively where previously their capabilities may have restricted them.
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American Recovery And Reinvestment Act Seventh Anniversary...
In the Address "On the American Recovery & Reinvestment Act Seventh Anniversary" by Barack
Obama, people could see the use of descriptive assumptions about the economy of America and the
use of renewable energy policies that supports Obama's Government. Those different assumptions
performed are well received by the audience. Or at least those assumptions caused a good reception
in the thinking of people respect to the recovery of the economy of America and the innovation in
the use of clean energy. Also, it is important to recognize some illogical assumptions in this speech
of Obama.
Obama used multiple assumptions from descriptive nature in different parts of his speech to support
the work of his government. In order to analyze Obama's assumptions, people had to check that
Obama started using real data to create a feeling of confidence with the audience like "And people
here in Florida were especially hard hit –– the unemployment ... Show more content on
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Denmark, United Kingdom, Sweden, and other countries had better records than America in the
leading of clean energy. For example, "Denmark set a new world record for wind production in
2014, getting 39.1 percent of its overall electricity from the clean energy source."(EcoWacth)
Third assumption, "Clean energy is about unleashing the potential of all these new technologies ––
because we can figure some stuff out just about better than anybody else" Saying that America had
the best equipment was a fallacy when we saw that a country like Morocco had put all efforts to
build the greatest super solar power on the earth. In fact, it would be a fallacy to say that just the
best minds were located in the United States nowadays when its levels of education dropped in
many different fields compared with other state
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The Great Recession Report
A recession is very different from a depression because a recession is when GDP is contraction for
two consecutive quarters. The reason why this is called The Great Recession is because it had a
significant decrease in GDP and jobs in the United States. After his first month in office, Congress
gave Obama "the first legislative triumph"(Havemann). The American Recovery and Reinvestment
Act was Obama's initial response to the 2008 recession. This act "enacted a $787 billion fiscal
stimulus bill that comprised $288 billion in tax cuts and $499 billion in spending"(Havemann). It
was a universal truth that most countries had been failing at this time, in some cases that were much
worse than America's. " all experienced higher unemployment, a federal ... Show more content on
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Some effects of this were "high unemployment, a decline in property values, an increase in home
foreclosures and personal bankruptcy, and a rise in food and oil cost"(Horton). The stimulus package
didn't abolish poverty from the American citizens, but it kickstarted the economy to be increasing
and to create a better society for everyone. Some administrations, such as NTIA, were quoted saying
that the act "is an extraordinary response to promote economic recovery and growth, and includes
measures to modernize our nation's infrastructure, enhance energy independence, expand
educational opportunities, preserve and improve affordable health care, provide tax relief, and
protect those in greatest need."(NTIA). The overall effect of this act created a more stable economy
after the recession of 2008. However, they weren't put to effect immediately, but over a course of
time. This is one of Obama's most successful pieces of economic legislation since he took office in
early 2009. For more information about the American Recovery and Reinvestment Act, visit
https://www.federalregister.gov/ or
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Summary: The 2008 Financial Crisis
hroughout History, our great Nation, the United States of America, went through many era's of
financial crises that resulted in depressions. This also happened in 2008, when we experienced an
immense financial crisis known as the Great Depression of 2008–2009. In an effort to end the
financial crises, the government established three major bailouts: the Emergency Economic
Stabilization Act of 2008 (EESA), the Troubled Asset Relief Program (TARP), and the American
Recovery and Reinvestment Act (ARRA). Overall, the financial crises of the Great Recession of
2008–2009 caused the government to implement various bail–outs in an attempt to stabilize the
economy. These programs have their own advantages and disadvantages that affect individuals and
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The Treasury is now gradually drawing to an end of its remaining TARP investments and continues
to implement TARP initiatives to help struggling homeowners avoid foreclosure (Tarp Programs).
The American Recovery and Reinvestment Act (AARA), which is also known as the Recovery Act
or the Stimulus, is a legislation that was enacted by the United States Congress and signed into law
by Pres. Barrack Obama on February 17, 2009. It was designed to stimulate the U.S. economy by
saving jobs that were put at risk by the Great Recession of 2008–2009 and to create new jobs
(American Recovery and Reinvestment Act). In addition, it created measures to update our nation's
infrastructure, enhance energy independence, expand educational opportunities, improve affordable
health care, provide tax relief, and protect those in greatest need. The Department of the Treasury
initiated nine programs, including tax changes and the delivery of an estimated $150 billion, which
were designed to directly relief Americans and their families (Recovery Act). Indeed, these
programs were relevant in my
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Stimulus Package Analysis
On February 17th, 2009 President Obama signed the American Recovery and Reinvestment Act
(ARRA) or Stimulus Package to restart the economy. The package contains extensive funding for
science, engineering research and infrastructure, and more limited funding for education, social
sciences and the arts. The Act of Congress was based largely on proposals made by President
Obama and is intended to provide a stimulus to the US economy in the wake of the economic
downturn. The measures are nominally worth $787 billion. ARRA includes federal tax relief,
expansion of unemployment benefits and other social welfare provisions and domestic spending in
education, health care, and infrastructure, including the energy sector. ARRA also includes
numerous ... Show more content on Helpwriting.net ...
These new provisions affect not only health care providers, health plans and health care
clearinghouses, but a wide range of vendors and contractors that provide services to health care
organizations. Previously, HIPAA applied only to the use and disclosure of individually identifiable
health information (known as "protected health information") by health care providers, health plans,
and health care clearinghouses (known collectively as "covered entities"). Vendors providing
administrative services to covered entities, such as legal services, accounting, information
technology, financial support and similar services, were not directly subject to HIPAA's privacy and
security provisions. They were, however, required to sign business associate agreements and thereby
agree by contract to maintain the privacy and security of protected health information. Changes
made by ARRA, expand the scope and application of HIPAA. Among the most far reaching
provisions of ARRA are those that apply several of HIPAA's security and privacy requirements to
business associates. In addition, business associates will be subject to civil and criminal penalties
and enforcement proceedings for violations of HIPAA. The definition of a business associate is also
being expanded to include organizations that provide data transmission of protected health
information to covered entities and business associates and that require access on a routine basis to
that protected health information. Examples of such organizations include health information
exchange
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Essay on Reagan’s Economic Policy
As President, Ronald Reagan encountered many significant events; from surviving an assassination
attempt, to the space shuttle Challenger disaster. Perhaps the most significant event was the
economic downturn. He came to office (much like President Obama) in the midst of an economic
crisis; however, President Reagan was able to turn the economy around. How did he do this? In
order to answer this question, you must first ask what the economy was like when he was sworn into
office, how his policy changed from the prior administration's policy, and how it contrasts our
present economic policy.
Prior to Reagan's inauguration the country was suffering from double–digit inflation, high interest
rates, high unemployment, oil shortages, and ... Show more content on Helpwriting.net ...
Within seven years the wealthy had more money, but could also afford to give better pensions and
pay raises. He reduced income tax from the top bracket 70% down to 28% spurring growth from the
top on down and vice versa. This gave some people who lived in poverty a view that Reagan was
indifferent to their struggles. This may have seemed the case but growth did happen, and hopefully
those critics found jobs; however, driving to those jobs still pinched the pocket book a bit due to the
energy crisis at that time. With the tax cuts on high income nationwide, oil companies were still
paying on Windfall taxes. This was started by the previous administration where oil companies were
taxed on the excess of profits they made. Oil companies raised prices due to production cost, supply,
and demand. Reagan sought to decrease the oil windfall profits tax in order to eliminate the energy
crisis that happened only a few years earlier. In 1988 he ended the Windfalls profits tax all together.
He wanted to provide government as a service to the states and people of those states. Businesses
did not need to worry about taxes from this and taxes from that. In short he wanted the Nation to see
less government.
President Reagan wanted America to govern itself. He felt that when some prosper it would trickle
down to all. He especially did not believe in big government spending programs. With his less
government views
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The American Recovery And Reinvestment Act Of 2009 ( Arra )
In today's society, the accuracy of health information, the availability of health records, and the
professional resources in which one live are vital in decision making for health conditions.
Meaningful Use (MU) is a program developed by CMS Medicare and Medicaid that awards,
incentives in the health care industry in which the certified electronic health records (EHRs) are
used to improve patient care (Practice Fusion, 2016). These incentives are for professionals that care
for about 30% of their adult patient volume or 20% of their children's volume for Medicare and
Medicaid patients (CMS, 2016). In addition, adjusting from paper charts to electronic charts of
patient's information is beneficial for MU. Furthermore, the American ... Show more content on
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One of the issues with the electronic systems in health care for MU is the ability to retrieve
laboratory results during a patient's visit. In 2013, Hinrichs and Zarcone reveal that over 70% of
medical decisions are determined by laboratory results. In 2007, AU Health implemented Cerner
Millennium PowerChart that displays clinical data to improve the point of care for patients. With the
PowerChart solution, the patient's information can be easily verified, vital signs can be entered, and
family history can be updated. The Affordable Care Act (ACA) signed by President Obama in 2013
places emphasis on expanding insurance coverage of medical care for everyone. As part of the ACA,
the improvements in the way these results are exchanged and transmitted will add value to quality,
safety, efficiency of health information (Hinrichs & Zarcone, 2013). The transmission and
availability of EHR affect how other health professionals send and receive information at the local,
state, and national levels. In 2009, President Obama signed the Health Information Technology for
Economic and Clinical Health (HITECH) Act to promote meaningful use of health information
technology (Jha, 2015). Before the HITECH Act was passed, only about 17% of U.S. doctors and
about 9% of U.S. hospitals were using an EHR according to Jha (2015). During 2013, the
percentages increased to
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The United States Of America
It has been seven years since the largest and most powerful capitalist country in the world faced an
uncertain and volatile financial meltdown that affected domestic and international soils. The United
States of America (USA) was hit by a recession that began in early 2007, under the leadership of
President George W. Bush. The initial signs of recession were not clear and did not appear a
significant threat to the financial health as it came in waves, turning the end of 2008 in a more
severe recession, which resulted in the biggest financial crisis. The United States' (U.S.) Gross
Domestic Product (GPS) began to shrink at a 2 percent annual rate in 2007 with a net loss of
210,000 jobs per month. By the end of March 2008, these figures jumped drastically increasing to
an 8.9 percent and an accelerating total net loss of 830,000 jobs were claimed. (Hennessey K.,
Lazear E. 2013). In addition, the most financial breathers became vulnerable; various financial firms
such as Bear Stearns faced liquidation while Lehman Brothers was forced into bankruptcy by the
end of 2008, and that was just the beginning. How could this happen? What were the reasons for the
accelerated failure of the financial market, bankruptcy of major financial institutions and massive
loss of jobs in USA? How could regulated organizations that drive the finance wealth of this country
collapse and cause an aggressive recession that left many Americans without homes, jobs and in
with an uncertain future? How
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An Imbalance Between Rich And Poor Is The Oldest And Most...
"An imbalance between rich and poor is the oldest and most fatal ailment of all republics." –
Plutarch, Greek historian Currently in the United States, there are over 16 million children growing
up in poverty. Children that live in poverty are more likely to be absent from school and have a
higher dropout rate than those who come from families with higher incomes. Children that live
beneath the poverty line are more likely to have learning disabilities, developmental delays, and
behavioral problems. These are just a few disadvantages of the hundreds that children living in
poverty deal with on a day to day basis. There are ways to help these children in poverty, that is the
extension of the American Recovery and Reinvestment Act (ARRA) of 2009 improvements to the
Child Tax Credit and the Earned Income Tax Credit. The extension of this effective policy will
ensure that parents and caregivers have the resources to support and nurture their children. The
United States fell into a recession in December 2007 and it was the greatest economic crisis since
the Great Depression. The American Recovery and Reinvestment Act was designed to help the
economy recover and get out of the recession. ARRA was specifically designed to help American
families and small businesses. The plan for this act was to redirect $260 billion in federal funding
through unemployment benefits, tax cuts and tax credits. The American Recovery and Reinvestment
Act was very successful and ended the recession
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American Recovery And Reinvestment Act Of 2009: A Case Study
The American Recovery and Reinvestment Act of 2009 (Pub.L. 111–5) also known as the Obama
stimulus nearly doubled the budget allocated for loan. It was in 2009 when Energy Secretary Steven
Chu announces that Solyndra will receive the Energy Department's first guarantee energy loan of
$535 million, issued by the U.S. Treasury's Federal Financing Bank even after the Department Of
Energy staff warned that Solyndra would run out of money by September 2011. Making Solyndra
one of several companies that received assistance from the government, attempting to push back
China's "strategic targeting of green–energy". The loan was only 1.3% of the DOE portfolio
(Johnson, 2012). Apparently, Solyndra received all this money so very soon because of the
complaints
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Let's Rock the Informed Vote: Barack Hussein Obama
The incumbent 44th President of the United States is my preferential candidate of choice for the
upcoming November, 2012 Presidential election. Dissecting his views and actions on a variety of
topical policy issues will illustrate that my support for my candidate is on target. Furthermore, data
will show success of Obama's policies. Leading economists, including New York University's Mark
Gertler called the economic climate Obama inherited "one of the worst financial crisis since the
Great Depression." (Hilsenrath). There is no doubt that the economy and a candidate's economic
policy will be the hottest item of discussion in politics during election season, along with topics like
foreign policy and energy. Consequently Obama's economic ... Show more content on
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Some presidential candidates are taking a radical stance on Iran and intimating that we should take
military action now in response to Iran's nuclear policies. Obama chastised these candidates
reminding them, "They're not commander in chief. When I see the casualness with which some of
these folks talk about war, I am reminded of the costs involved in war" – for those who go into
combat, for national security and for the economy. 'This is not a game,' he added. 'And there is
nothing casual about it' "(Calmes). It is good that our commander in chief is a thoughtful man and
takes war and foreign policy seriously. Pursuant to energy efficiency policies, controversy swirls as
climate changes are experienced in the U.S. and around the globe. When energy efficiency steps are
put into place, economic outlooks turn positive. Obama's policymaking in this arena makes "critical
investments in advanced vehicle and fuel technologies, public transit, and high speed rail" (United
Press International). With new fuel efficiency standards that will improve fuel economy by 2025,
and other initiatives that he enacted, "12 billion barrels of oil will be saved and American consumers
will save $1.7 trillion at the pump, and greenhouse gas emission standards for commercial trucks,
vans, and buses for are projected to save over 500 million barrels of oil and save vehicle owners and
operators an estimated $50 billion in fuel costs" (United Press
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The American Recovery And Reinvestment Act
People believe the American Recovery and Reinvestment Act or ARRA had a centralizing effect, yet
there are motives that support, as well as some that oppose the act. The act is sometimes referred to
as The Stimulus or The Recovery Act. The United States Congress in February of 2009 passed this
Act and it was signed in the same month, by President Barack Obama.
The main goal for the Act consisted of maintaining and building jobs right away. The next goal was
to offer momentary release plans for those who are the most affected by the depression and invest in
organization, schooling, and health. The expected price of the Act was around $780 billion. It was
adjusted to around $830 billion, between the time of 2009 and 2019. Within the act, it incorporated
spending in organization, schooling, and health. "States were rescued from this crisis by the
American Recovery and Reinvestment Act (ARRA), a package passed by Congress that was
designed to stimulate the economy with targeted tax cuts, job creation and government investments"
(Smith & Greenblatt, 2016, p. 90).
The leading aim was for a sense of motivation in the time of the economic decline and help the U.S.
economy. While involving the tax release and expanding on employment, it also served many
purposed that are non–economic. This included matters that were directed towards more long term
plans. The Economic Stimulus Act of 2008 involved refunds of taxes, yet the government had more
action that was significantly bigger.
The
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American Recovery Reinvestment Analysis
American Recovery Reinvestment Act– part 2 The ARRA was believed to be the most belligerent
and continuing recession the economy was facing at the beginning of 2009. "Obama's $787 billion
stimulus package is a consortium of thousands of federal tax reductions, and expenditures on
infrastructure, education, health care, energy and other projects." (White, 2015) This incentive was
to get the U.S. economy out of recession and was going to do this by creating approximately 2
million new jobs. 13 million dollars of that money went to beneficiaries of Social Security,
Supplemental Security Income, and Veterans. There was so much accomplishment from the ARRA.
The economic growth improved in 2009. "Congress approved the $787 billion economic stimulus
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Meaningful Use Act Essay
Access the CMS website and locate information regarding the Meaningful Use Act. In 2009, the
Health Information Technology for Economic and Clinical Health Act (HITECH Act) legislation
was created to stimulate the adoption of electronic health records(EHR) and supporting technology
in the United States. On Feb 17, 2009, President Obama signed HITECH into law as part of the
American Recovery and Reinvestment Act of 2009 (ARRA) economic stimulus bill. The HITECH
Act outlined the intended plans for the adoption of electronic health records through meaningful use.
The CMS Medicare and Medicaid EHR Incentive Programs have evolved into three stages of
meaningful use with their own priorities, goals and their own final rule. Meaningful Use means
"providers ... Show more content on Helpwriting.net ...
Percentage of patients who were ordered at least one high–risk medication
b. Percentage of patients who were ordered at least two different high–risk medications
3. Preventive Care and Screening for Tobacco Use: Screening and Cessation Intervention –
Percentage of patients aged 18 years and older who were screened for tobacco use one or more
times within a 24–month period and who had received cessation counseling intervention if they
were identified as a tobacco user.
4. Preventive Care and Screening: Body Mass Index (BMI) Screening and Follow–Up – Percentage
of patients aged 18 years and older with a calculated BMI in the past six months or during the
current reporting period documented in their medical records and if the most recent BMI is outside
of normal parameters, a follow–up plan was documented within the past six months or during the
current reporting period. Normal Parameters: Age 65 years and older BMI greater than 23 but less
than 30; Age 18 to 64 years BMI greater than 18.5 but less than 25.
Pediatric Recommended Core Measures
1. Appropriate Testing for Children with Pharyngitis – Percentage of children 2 to 18 years of age,
who were diagnosed with pharyngitis, ordered an antibiotic and received a group A streptococcus
(strep) test for the
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The War On Poverty And Poverty
The War on Poverty
Poverty in the United States would appear to be an oxymoron. Considering the United States of
America is one of the most prolific economies in today's global market. However, according to the
US Census Bureau forty–seven million Americans live in poverty today. "Poverty condemns
millions of people throughout the world to live in deplorable and inhuman conditions. These people
are trapped in a cycle of poverty, living in places offering little protection from the rain, wind, and
cold" (George 671). Despite poverty being a major problem within the boarders of the United States,
American government disperses over fifty billion dollars to relieve similar situations in third world
countries. A more logical allocation of resources would be to address the problem right here at home
rather than blindly giving to the poor of the rest of the world.
Fifty–two years ago in 1964 United States President Lyndon Johnson declared War on Poverty in his
State of the Union Address saying ""This administration today, here and now, declares unconditional
war on poverty in America. Our objective is total victory." This declaration of war marked the
beginning of a campaign that sparked many anti–poverty programs. These programs include the
Economic Opportunity Act, Head Start, Community Action Program, and Job Corps. Johnson
targeted the "causes" of poverty rather than the mere "consequences" of it. Since the War on Poverty
took effect in the US the quality of life and
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Swedish Chemist Svante Arrhenius Laid Out The First Basic...
Ryan Gengler
27 February 2017
Instructor: Mrs. Nutter
English 121
Research Narrative Swedish Chemist Svante Arrhenius laid out the first basic ideas of climate
change in 1896 (Weart 34). Some of these basic ideas were the causes of climate change, such as the
greenhouse effect (Anttila–Hughes, Oppenheimer 11). At this point in time, this was all new
research which influenced others to continue the research on climate change. As time progressed,
more and more people began to believe in the effects of climate change due to the large amounts of
research done since Arrhenius introduced the issue (Weart 34). Nowadays, the idea of climate
change is argued whether it exists or not, without taking the large amounts of research into account.
The ... Show more content on Helpwriting.net ...
Once Obama was elected into office, he wanted to start making legislative changes to battle climate
change, but it turned out to be a rough start for him. None of the Republican House Representatives
would vote for his proposals and plans, which made it difficult at first for Obama to do much
towards climate change (Kramer 29). After various proposals being turned down, one of the
proposals were actually passed. Obama was able to provide "[...] $80 billion in funding for
renewable energy, which sparked the subsequent stratospheric growth in wind and solar power, and
a substantial boost in vehicle fuel efficiency" (Hertsgaard 72). This was one of the first actions
Obama was able to accomplish towards climate change, which ended up helping companies use
renewable energy instead of fossil fuels for their energy. A mistake that Obama made during the
early parts of his first term was that he did not make much of an effort to inform the common people
about the issues and causes of climate change (Coen 306). This mistake made it hard for Obama to
get much support or understanding from the people, which made it even more difficult than it was to
propose ideas about climate change.
As time went on, it still was difficult for Obama to pass legislation, but he was able to get the
American Recovery and Reinvestment Act of 2009 passed to slow down the effects of climate
change. The American Recovery and Reinvestment Act of
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Essay On Human Services
Government–funded human services are defined in specific terms in relation to state–level
administrative structures and the state's annual budget. These services do not technically include
significant portions of the budget devoted to health care and education. Human services–thus
narrowly defined–are primarily delivered by the Department of Human Services (IDHS),
Department of Children and Family Services (IDCFS), Department of Aging (DoA), Department of
Public Health (IDPH), and the Department of Veterans Affairs (IDVA). When defined in this
manner, human services account for over 23% (over $6 billion) of the current fiscal year's (2010)
State Operating Budget. Human service–oriented state departments, and the contracted nonprofit ...
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For human services, this has been on the order of 12% since 2002. In that year, for example, Illinois
already ranked 31st nationally in per capita funding for both mental health and developmental
disabilities. Funding for human services as defined above has been largely neglected by the federal
American Recovery and Reinvestment Act (ARRA), or stimulus bill. Of the $700+ billion national
program, $140 billion over a 2 ½ year period is specifically devoted to addressing budget shortfalls
experienced by 48 states (all except Montana and North Dakota). Illinois' portion of that total is
$10.5 billion, equaling about 40% of our state's shortfalls for combined fiscal years 2010 and 2011.
At least 80% of that funding is specified by law for health care, education, and employment security.
In contrast, funding specified for IDHS, IDCFS, and DoA totals $174 million, or 1.6% of total
ARRA grants devoted to closing the our state deficit. This 1.6% is in sharp contrast to the 23% of
the budget that is devoted to human services. The human consequences of these cold facts are clear
when one reads in the newspaper about the struggles of local government agencies and nonprofit
organizations to not only deliver services, but to fiscally survive. According to the Social Impact
Research Center at the Heartland Alliance, almost 2,600 nonprofit organizations deliver at least $5
billion of human services ranging from emergency assistance to the homeless, to
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The American Recovery and Reinvestment Act
In 2008, the American economy broke down. Known as the Global Financial Crisis, this is widely
considered to be the worst financial crisis since the 1930's when the stock market crashed and the
Great Depression hit.
On November 4, 2008, candidate Barack Obama was elected for the first term of his presidency. The
following February, The American Recovery and Reinvestment Act of 2009–or the ARRA–was
signed into effect by congress, and made into law by President Obama on February 17, 2009. This
stimulus package was originally proposed to be 816 billion dollars, but was eventually raised to be
840 billion dollars in 2012. The purpose of this bill was to inspire confidence in the American
people that the economy would be up and running again. The ARRA was intended to give money
back to small businesses as well as the American families who ran and worked at these businesses.
This varies from TARP, or the Troubled Asset Recovery Program, which was a bill that was aimed at
bailing out banks in October 2008. TARP worked to allow banks in danger to participate in reverse
auction, in order to sell their assets.
In order to restore hope and eventually safeguard 900,000–2.3 million jobs, the ARRA was intended
to be spent over the course of a decade. It was very strategically planned, however, not to be spent
evenly during that time. Instead, the following arrangements were made: 185 billion dollars in the
fiscal year 2009; 400 billion dollars in the fiscal year 2010; and 135 billion
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The American Recovery And Reinvestment Act
In 2008, the housing market crashed, businesses were failing, and people were losing their jobs. This
is how Barack Obama started off his presidency. Already, fingers were being pointed and cries were
maybe. This would be the start off to Obama's presidency. His creation of the Stimulus Package
created a lot of criticism, but at the end of the day, it fixed the economy. Now Obama is ending his
presidency with a flourishing economy and GDP Growth. Even if the Stimulus Package was one of
the most criticized plans in his presidency, it did exactly what it was meant for, which was to fix the
economy and create growth. After the crash of the market in 2008, Obama created the American
Recovery and Reinvestment Act. The act was an "economic stimulus package"(Amadeo). The act
would cost $787 billion. The act was meant to help families and small businesses instead of big
business so that people in the United States could put trust into the system again which could
stimulate spending and growth. For the purpose of stimulating demand, $260 million was put into
cutting taxes, tax credits, and unemployment benefits (Amadeo). This included things like tax credit
for first–time homebuyers, college tuition, and extended unemployment benefits. Stimulating
demand and trust from the people was the biggest fitting puzzle piece of the stimulus package. The
only way for an economy to flourish is when people get extra money that they can spend which
would create growth in consumer
... Get more on HelpWriting.net ...

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Why Does The Government Try To Manage The Domestic Economy.pdfWhy Does The Government Try To Manage The Domestic Economy

  • 1. Why Does The Government Try To Manage The Domestic Economy READING RESPONSE #4 1. Chapter 17 – How does the government try to manage the domestic economy – explain the difference between fiscal and monetary policy? Why did the 2008 financial crisis happen? In your opinion, did the government do too much or too little to lessen the consequences of the crash in 2008? – The United States government manages the domestic economy by creating and implementing fiscal and monetary policies. Primarily, fiscal policies involve changes in government spending and taxation intended to affect the overall spending. (625) On the other hand, monetary policies involve changes in the amount or quantity of money being circulated intended to affect interest rates and the overall spending. Both of these policies are implemented ... Show more content on Helpwriting.net ... Chapter 18 – The U.S. has the largest defense budget in the entire world – do you think this is necessary or unnecessary? Explain and defend your answer. The United States has the largest defense budget in the entire world. It spent approximately $753 billion for defense in 2010, which is almost as much as the rest of the countries in the world combined. (652) Even though I agree with some who may argue that appropriating a large defense budget is necessary for security, I, personally, believe that United States' spending on defense is unnecessary. It is true that one advantage of this massive spending is having the largest and most efficient military force in the world. (652) However, this spending also brings several disadvantages. Primarily, sustaining a large military places burden on the citizens. Besides from borrowing money, the United States needs to earn revenue to cover the costs of defense. In order to do this, they must collect money from the citizens through taxation. (653) Second, having the largest military force and deploying them in places around the world creates a security trap. It creates a negative perception from other nations because it threatens their security. (652) For example, in a survey done in 2009 by the World Public Opinion, the majority of people in most countries think that the United States is "abusing its great power" and is treating their respective nations unfairly. Particularly in Pakistan, 90% believe the US is abusing power and only 10% believe they were being treated fairly. (663) Lastly, it creates a great economic burden for the United States, itself. For example, one of the main reasons for the rise of the United States federal deficit is the involvement in Iraq and Afghanistan, which is said to exceed $400 billion. (635) Slightly cutting back on defense spending and military size would not undermine our military primacy nor make the United States inferior to other countries in the aspect of military power. The second ... Get more on HelpWriting.net ...
  • 2.
  • 3. Clinical Information Case Study Issues Clinical Information Sharing The number of duplicate tests, readmissions, medical errors can be prevented by sharing of clinical information among the hospitals and from one area to another area. The exchange of poor clinical information such as laboratory results and medication lists between hospitals and primary care providers gives limitation during transfer of patient from one hospital.When this situation occurs, most of the providers require the patients take different tests even if they already did those tests in previous hospitals. Electronic Health Information Exchange: From 2008 to 2012, the health information exchanges outside of the providers or health care organizations increased substantially. Even though the ... Show more content on Helpwriting.net ... The survey was also sent twice in the year of 2008 and 2012 which could give the authors enough data to analysis. Types of clinical information and HCOs: The authors compare the following categories of data to analysis: radiology reports, laboratory results, clinical care summaries, and medication lists. They compared the hospital reported exchange the information with the providers outside the organization. Limitations: The data was collected by the health IT supplements to the American Hospital Association's annual survey which was self–reported and hard to verify the accuracy of the responses. Also the authors could not make sure if the result of the survey was biased depend on the respondents with their different attitude when they were taking this survey. Perspective Hospital Exchange Activity: This study showed the hospitals' information exchanges increased significantly during the year 2008 and 2012, especially after the year 2010. The rate of information exchange was increased from 17 percent in 2008 to 58 percent in 2012 which was tripled increased. EHR Adoption and HIO Participation: The adoption of EHR was extremely increased from 2008 to 2012 which was 9 percent in 2008 and 44 percent in 2012. The participation in HIO of the hospitals also increased from 2008 to 2012 which was 16 percent in 2008 to 29 percent in 2012. Hospital and Area Characteristics: Some of the HCOs were preferred not to share the information or ... Get more on HelpWriting.net ...
  • 4.
  • 5. American Recovery Reinvestment The American Recovery and Reinvestment Act of 2009 The objective of the American Recovery and Reinvestment act, also known as the "stimulus" was to end the recession that had occurred in 2008. The recession had a major impact on the U.S job market. The United States congress approved the act which consisted of an investment of 787 billion dollars in order to encourage customer spending and also to save old jobs and create new ones. The act encouraged economic growth by affirming the following: 1)Clean Efficient American Energy Through the Recovery Act, the Energy Department invested more than $31 billion to support a wide range of clean energy projects across the nation –– from investing in the smart grid and developing alternative fuel vehicles ... Show more content on Helpwriting.net ... Suspension of taxes on the first $2,400 of unemployment benefits through 2009. In addition to this package, an amount of 25$ was obtained by unemployment benefits for a limited period of time, it was the same case for job training and job funding. Moreover, other services such as food stamps were extended as well. 9)Accountability The legislation of the ARRA contains on its own a wide range of accountability provisions, that include the conception of a disclosure website that came to be recognized as Recovery.gov. This was the doing of both the Obama Administration and the Congress. Proactively, numerous advocacy groups outside the government were pressing maximum openness to stimulus spending. Was it a ... Get more on HelpWriting.net ...
  • 6.
  • 7. Implementation Of ARRA Journal Article Seven 1. Title Capacity, Guidance, and the Implementation of the American Recovery and Reinvestment Act 2. Author Sandy Carley, Sean Nicholson–Crotty, Eric J Fisher 3. Source Public Administration Review; Vol. 75, No.1; pp. 113–125 4. Summary This research addresses the American Recovery and Reinvestment Act (ARRA) of 2009. This act was an economic stimulus plan that President Barack Obama signed into law to help with the struggling economy. "Over the course of just three years, from 2009 through 2011, the ARRA was designed to inject $840 billion into the U.S. economy" (Carley et al, 2014, p. 113). Each state had a variation of how the funds were allocated, so the researchers conduct several surveys. "This study draws on ... Show more content on Helpwriting.net ... It was found from the respondents in the study that the process of collecting and processing information necessary to comply with the new requirements affected program implementation (Carley, et, al, 2014). vi. Discuss the stakeholders, organizations, and people who are impacted by the public policy as well as how the different levels of government interact as a result of the legislation (federal, state, and local)? The organizations affected are the Federal and state governments. The Federal Government has been increasing spending on state entitlements as a direct result of the passage of the ARRA act of 2009 with state governments being a direct recipient of federal aid within this program. This article directly examines a state's ability to follow the Federal Government's guidelines within the ARRA to receive funding. The article successfully explains how some states have met this challenge with greater success than other states in procuring Federal funds within the ARRA guidelines. vii. Does the article fit into an existing theoretical framework? In other words, what theory (ies) does the article address that was discussed in class or in the ... Get more on HelpWriting.net ...
  • 8.
  • 9. Essay on Obama's Success Has President Obama done a good job? A controversial question many Americans are talking about today. Considering the nature of a Presidential job and the state our economy was in when President Obama was elected, I believe that he has done the best job he could. Many people do not see his accomplishments and the great things he has put into place not only helping to stimulate our economy but helping to make American soil feel like a safe place again. The beginning of the economic crisis began with the fall of AIG and Lehman Brothers in the spring of 2008. Bush and Obama were in debate in the best way to rescue the economy and the stimulus needed to bring America out of the recession. Bush's first attempt to pass the $700 billion bank ... Show more content on Helpwriting.net ... The act made $275 billion available for federal contracts, grants and loans and all recipients of federal funds must now report quarterly on the use of the funds. The use of these government funds is available to the public to see on Revocery.gov. (The Recovery Act) So is the Recovery Act working? Although we will never know how the economy would have reacted without the Act. There is evidence that shows since the time when the Act was passed there were a few million jobs created and the unemployment rate dropped a few points. We also saw growth in the Gross Domestic Product succeeding the signing of the Act. Therefore it is fair to say that the Recovery Act certainly helped keep our economy from falling into a depression. (Bernstein) "On May 22, 2009, President Obama signed the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009, marking a turning point for American consumers and ending the days of unfair rate hikes and hidden fees." (Secretary). President Obama felt it was necessary to strengthen consumer protection in the credit card market. With the Credit Card reform comes many new laws. Unfair rate increases were prevented putting a ban on increasing rates on existing balances. It also put an end to unfair fee traps. Credit Card Companies were made to give customers at least twenty–one s days from the time of mailing to pay. The reform also stopped late fee traps for weekend due dates and middle of the day ... Get more on HelpWriting.net ...
  • 10.
  • 11. Electronic Health Records: A Case Study With the presumption of health care technology would improve quality and safety of patient care, and in the long–term would also reduce cost, the American Recovery, and Reinvestment Act of 2009 (ARRA) passed legislation to invest $24 billion for computerizing medical records. (Mason, Leavitt &Chaffee 2014). Though, government funds the initial investment on technology, maintaining (frequently updating software and hiring technologist) is the sheer responsibility of the healthcare organization. So it is not an easy task at all. Before deciding to implement health care information technology, one should carefully weigh the costs and benefits. Successful implementation of Electronic Health Records (EHS) takes a well–thought plan and a careful ... Get more on HelpWriting.net ...
  • 12.
  • 13. The Energy Policy Act Of 2005 The Unites States of America is the single largest power consuming nation on earth. Since the gasoline and fuel oil shortages of the 1970's, the topic of renewable energy has been high on the agenda of politicians and environmentalists alike. The search for clean, renewable energy was deemed to be in the public interest, so the US Government stepped into the fight with research grants and financial aid for private companies in order to jump start clean energy industries here in the United States. Companies specializing in clean energy solutions using wind, solar, geothermal, and even ocean wave energy harvesting technology have sprung up, looking for their share of Government money offered by the Department of Energy under the ... Show more content on Helpwriting.net ... Sounds simple, right? What could go wrong? The answer: plenty! After the company was founded in 2005, Solyndra raised $450 million from private investors by 2008. It then applied for a loan from the US Government in 2008 under the Energy Policy Act of 2005. The Bush Administration turned them down in January, 2009 just days before leaving office, citing the fact that there had not been an independent market study on the feasibility of what they were proposing. In March of 2009 after Obama took office, his Administration hastily reopened discussions with Solyndra and the chase was on. Obama Administration officials pushed the Solyndra deal through despite the grave concerns from Government watchdog agencies and financial advisers. They arranged a political photo op for President Obama to visit Solyndra in May 2010 to announce Solyndra's partnership with the US Government in providing clean energy, as promised while he was on the campaign trail. Unknown to US Taxpayers, the partnership was fatally flawed from the start and was doomed to fail. All of the usual Government oversight process was circumvented by the Obama Administration in order to drive the deal through without all of the normal checks and balances. The President was keen to have his Green Energy policy kicked off, ready or not, for purely political reasons. There were those in the Administration who knew that Solyndra would not succeed, ... Get more on HelpWriting.net ...
  • 14.
  • 15. Recovery Economy Failure Introduction The American Recovery and Reinvestment Act of 2009 (Recovery Act), is an economic stimulus package that was signed into law in February of 2009 (Grunwald, 2010). The Recovery Act was enacted to stimulate the United States (U.S) economy during the (2007–2009) recession (Investopedia. 2009). According to The White House, the Recovery Act "includes measures to modernize our nation's infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need. (The White House, United States Government, 2009)". Market Failure 2008 was the year that the US economy faced its largest challenge since the Great Depression. In fact, the ... Show more content on Helpwriting.net ... Cons As seen above, the Recovery Act took aim at several issues facing our economy, essentially having something for everybody. However, many believed that it was too complicated and too costly. (Grunwald, 2014). At the time that the Recovery Act was enacted, the Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation estimated that it would increase budget deficits by $787 billion between fiscal years 2009 and 2019. However, later estimates show the total impact to be over $840 billion by 2019. According to the CBO, close to half of the funds distributed occurred in fiscal year 2010, with more than 95 percent of the Recovery Act's budget being used by the end of December 2014. (Congressional Budget Office, 2015). Many U.S citizens complained that the Recovery Act was too confusing; it was hard for them to determine what tax breaks they qualified for, and some even noted that their taxes had increased. Extended unemployment benefits and other entitlement programs provided the unemployed an incentive to remain ... Get more on HelpWriting.net ...
  • 16.
  • 17. The American Recovery And Reinvestment Act Of 2009 ( Arra ) Under the provisions of the American Recovery and Reinvestment Act of 2009 (ARRA, or the Stimulus Act"), certain eligible providers are eligible for financial incentives for following and documenting "meaningful use" of a certified electronic medical record system. According to the HRSA, "in July 2010, the Centers of Medicare & Medicaid Services (CMS) published a final rule which established three phases of the EHR Incentive Program. The three stages of Meaningful Use are designed to support eligible professionals and hospitals with implementing and using EHRs in a meaningful way to help improve the quality and safety of the nation's healthcare system." The end point here is not that having an electronic medical record will allow for a ... Show more content on Helpwriting.net ... Organizations will have these incentives and programs in place that will seek to improve the over all health of Americans along with the performance of our health care system. "Meaningful Use" through the use of the electronic medical records system will have five areas that they will be focusing on to do just that. These goals consist of; Improve the quality, safety, and efficiency of care while reducing disparities Engage patients and families in their own care Promote public and population health Improve care coordination Promote the privacy and security of patient information. When it comes to the reporting of objectives and measures for "meaningful use," the main set of items providers and organization will report are known as "objectives and Measures." The objectives are broad policy goals based on high priority health outcomes that are thought to be achieved through "meaningful use – such as e–prescribing. The measures are the actual criteria that providers and organization are required to meet to realize that objective. These objectives and measures that are provided to the providers and organizations are broken down into two major parts, "core" objectives and "menu" objectives. The "core" objectives are a list of fifteen items which all organizations/providers will have to attest on. Then the ... Get more on HelpWriting.net ...
  • 18.
  • 19. U.s. National Bureau Of Economic Research In the political cartoon "Five Year Anniversary," by Nate Beeler, five stacks of one hundred dollar bills are set on fire on top of a cake that reads "2009 Stimulus." The five candles represent the Stimulus Package's, also known as the American Recovery and Reinvestment Act, five years of age upon being signed into legislation by Barack Obama in 2009. Beeler's cartoon depicts the idea that the ARRA wasted money rather than pushing the economy out of the Great Recession. In December 2007, the United States experienced a time of rising unemployment and declining GDP (gross domestic product) that lasted until 2009. This period was dubbed the Great Recession due to the severity of the negative impacts. The U.S. National Bureau of Economic Research defines a recession as a "period of at least two consecutive quarters of declining levels of economic activity" (Krabbenhoft), and during the time span between 2007 and 2009 GDP decreased by 3.5 percent and unemployment rate increased more than 5 percent. The gross domestic product indicates the total value of goods and services produced over a period of time, so production and consumer spending decreased drastically. The government attempted to alleviate the unemployment rate and increase economic growth by creating what's known as a multiplier effect. The multiplier effect occurs when there is an increase in final income from the increase in spending from the initial stimulus. Consumer expenditures make up 70 percent of GDP, and ... Get more on HelpWriting.net ...
  • 20.
  • 21. Economic Policies And The Great Recession Of 2008 Demand–side policies and the Great recession of 2008 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. The economic meaning of a recession is that the gross Domestic Product (GDP) has declined for two or more consecutive quarters. Unemployment rises, housing falls, stocks fall and the economy is in trouble. Whenever the government sees that the economy is entering a recession it is important for it to act. The U.S acted in two ways during the Great recession of 2008 through fiscal and monetary policies. Renaud Fillieule identifies that " Monetary and credit expansions have been the main tools used by the U.S. government and central bank to try and recover economically from the Great Recession of 2008" (Fillieule r, Pg. 99 2016). These Keynesian policies are debatable among economist, none the less they were implemented and put the U.S on the road to recovery. Fiscal policies or government spending and tax cuts were implemented. ... Show more content on Helpwriting.net ... The U.S government implemented policies that would adhere to the Keynesian model that suggest "that it is the responsibility of the government to help stabilize the economy" (Keynesian). Key actions the government and the fed took was quantitative easing, the stimulus and recovery act which were approved in 2009. Though the US has not completely recovered from the recession the government did effectively stabilized our ... Get more on HelpWriting.net ...
  • 22.
  • 23. Economic Stimulus Act Of 2008 In the years of 2007–2008, the world economy faced the most severe global financial crisis. The collapse of the sub–prime mortgage market was considered to be the trigger for the Global Financial Crisis. In the United States, low interest rates and financial deregulation created credit conditions where it was easier for the American people to buy homes with subprime loans. It increased the housing demand and raised the house prices in the market, which resulted in a housing bubble. Fannie Mae and Freddie Mac are two private corporations that are referred to as government– sponsored enterprises. They offered a mass of mortgage–backed securities (MBS) to the high–risk borrowers. Rising house prices created home equity for the borrowers, allowing ... Show more content on Helpwriting.net ... This act was a 120 billion dollar package that provided tax rebates to low and middle class households. The package also provided tax incentives to businesses to help stimulate investment. According to the research by Christian Broda and Jonathan A. Parker, they found that "households with low income or low wealth spent more than those with higher income or wealth. Households with annual income less than $15,000 increased their non–durable consumption, on average, by more than 6% per week when their rebates arrived, almost twice the response of the typical household." (Christian Broda and Jonathan A. Parker). So their conclusion was that the "Economic Stimulus Act of 2008" was significantly successful to help households to boost their overall consumption by 2.4% by providing tax rebates, which temporarily stimulated family spending and mitigated economic pressures. From the view of business, the fiscal package assisted businesses in stopping the expenses of depreciable business assets. The businesses were able to use tax relief to increase their investments in new equipment. However, the Act was just providing temporary support for consumer spending and business investment. It did not have a long–lasting effect and was not sufficient enough to recover the U.S. ... Get more on HelpWriting.net ...
  • 24.
  • 25. The American Recovery And Reinvestment Act Of 2009 Essay Advances in modern technology surrounds us in our day to day lives, allowing conveniences and efficiency at our fingertips. Great strides have been made over the years with technology, and the healthcare industry along with many other industries have adopted this new way of functioning; electronically. The effects of technology have come to the forefront in where our government has acknowledged the benefits and opportunities. "The promise of Health Information Technology for improving quality and safety of health care while reducing costs has caught the eye of policy makers and other leaders in health care" (Hersh, 2006). It deeply affects how we connect, interact, and communicate internally and externally, but also gives us a sense of control on how we engage ourselves to the innovative software and systems. So much so that our political leaders and President Barack Obama have created a stimulus package called the American Recovery and Reinvestment Act of 2009. Within this legislature, improvements to our healthcare industry and systems have been made with long–term financial savings in mind. As technology and uniformed data was becoming the standard in healthcare, the Health Information Technology for Economic and Clinical Health Act has accelerated the speed. "The number of certified EHR vendors in the United States has increased from 605,6 to more than 10007 since mid–2008" (Sitting and Singh, 2012). Healthcare organizations now have no choice but to invest in a new ... Get more on HelpWriting.net ...
  • 26.
  • 27. United States Economy According to the U.S. Labor Statistics 2011 report, when President Obama took office, the economy was shedding nearly 800,000 jobs each month and millions of families were unable to make ends meet. African Americans were hit especially hard by the recession struggling with significant economic losses, including near–record high levels of unemployment and low average earnings (U.S. Labor Statistics 2011). From day one the President has made turning the economy around a top priority, and the policies enacted through the Recovery Act of 2009 have had a significant impact on the country's economic well–being. According to the Center on Budget and Policy Priorities, the Recovery Act and later expansions and extensions kept 1.3 million African Americans above the poverty line last year alone (Sherman 2009). And this year, the continued expansion of just two tax credits – the Earned Income Tax Credit and the Child tax Credit – has benefited an estimated 2.2 million African American families and almost half of all African American children. The targeted tax relief enacted by President Obama through both the Recovery Act and the December tax Deal has provided relief to nearly every American, helping them bear the brunt of the recession and supporting them as the economy has recovered (The President Agenda and the African American Community, November 2011 pg. 4). Last December, President Obama fought for and secured a 2 percent employee–side payroll tax cut (from 6.2 ... Get more on HelpWriting.net ...
  • 28.
  • 29. The American Recovery And Reinvestment Act Essay On February 17, 2009, the American Recovery and Reinvestment Act was instated. This fiscal plan was created to stabilize the economy while it was spiraling down out of control. At the time, the United States was experiencing many economic problems and was very close to a collapse. The American Recovery and Reinvestment Act was created by Barack Obama to save 900,000 to 2.3 million jobs. The plan asked for 800 billion dollars but had to be approved by congress first. This plan tried to end the breakdown of the economy and boost it back up to its normal level of performance if not better. There were many plans that was proposed to the government on solving this problem. The only thing is that most happened to be neoclassical. Most government officials feared that a long term plan would never kick, the plan would need take full effect fast enough to sustain and level out the economy for the current path that the economy was taking. So the representatives in congress chose to pass Obama's plan. The plan by Obama was a keynesian type of plan. "Keynesian economics is a theory of total spending in the economy (called aggregate demand) and its effects on output and inflation. Although the term has been used (and abused) to describe many things over the years, six principal tenets seem central to Keynesianism," (Blinder) The first three describe how the economy works. This plan asked for full effect right off the bat with an 800 billion dollar loan, in which the loan would be ... Get more on HelpWriting.net ...
  • 30.
  • 31. Military Power Analysis Gideon Rachman suggests perceptions of America's economic and military power in the U.S. and around the world experienced a sharp decline during the presidency of Barack Obama. After presenting evidence to support the notion of declining economic and military power of the sole super power of the last few decades, the author leaves the reader questioning whether the U.S. can adapt to a bipolar or multipolar power structure or whether the U.S. will pay to recover its' dominance. At the outset, the author provides a number of examples of the failure of the Obama administration to step–up to challenges to U.S. power after the killing of Osama bin Laden in 2011. It is suggested that the U.S. image was being defined not by the successes in ... Show more content on Helpwriting.net ... In addition to the U.S. failing to follow through on promises of military action, the Obama presidency seemed to be taking a defensive posture and positioning the U.S. into a new world order of rival power centers, namely the U.S. and China. From the appointment of Senator Check Hagel and Charles Kupchan to the Obama administration to statements made by the President at the State of the Union and Hilary Clinton as a 2008 presidential candidate, the Obama administration seemed to be accepting of the U.S. need to adapt to a new world in order from singular primacy to one that requires allies to maintain control and dominance. Though the U.S. government would not publicly acknowledge pursuing a strategy of offshore balancing, the Obama administration's appointments, statements, and actions suggest a game plan that came right from the offshore balancing playbook. Lastly, the author lays out the case that the U.S. economy was quickly becoming second to China and that the U.S. defense spending, along with allies has seen a significant decline over the ten years. Not only has the defense spending on the U.S. and its' allies shrunk over the past decade, but the defense spending of U.S. adversaries has risen, particularly by countries such as China and Russia. Though the author provides a few examples of international back–pedaling and the decline of U.S. defense spending with the rise of China's defense spending, it is my ... Get more on HelpWriting.net ...
  • 32.
  • 33. Gdp Paper Gross Domestic Product, or GDP, is the value of all final goods or services produced in an economy in a given year. It is split into four different components: consumption, investment, government spending, and net exports. Consumption is 66% of GDP, and is divided into three separate parts: durable goods, nondurable goods, and services. Investment is 17% of GDP, and is divided into four separate parts: residential construction, nonresidential construction, purchase of capital equipment, and changes in inventories. Government spending is also 17% of GDP, and is divided into three separate parts: state spending, local spending, and federal spending. Net exports is around 1% of GDP, and is calculated by subtracting imports from ... Show more content on Helpwriting.net ... Investment The investment component makes up approximately 17% of GDP. The manufacturing sector is located in the investment component of GDP and is considered a key indicator in evaluating the strength of the economy. According to the Institute for Supply Management, the manufacturing index rose in February to 35.8, up from 35.6 in January. It was the index's first increase in eleven months, and was predicted to fall to 33.8. Sam Bullard, an economist at Wachovia, stated that "Everyone is so pessimistic from first–quarter reports, so even when we see a modest gain, it's a glimmer of hope." All of the eighteen manufacturing industries reported contraction in February however; the Institute for Supply Management, as mentioned previously, stated that any number below 50 denotes contraction in the sector. Bullard, as well as other economists, believe that the index will remain constant until the end of 2009 when it will begin to rise. People feel the same way about this as they do about consumption. Investment is divided into four parts. The first of these parts is residential construction. Residential construction includes new housing for consumers. CNNMoney.com's article entitled "Economy: Worst in 26 Years," investment in housing fell 23% at ... Get more on HelpWriting.net ...
  • 34.
  • 35. The Foreclosure Crisis: The Rise And Fall Of The Great... In December 2007, caused by the housing bubble, what is known as the Great Recession began ("The Great Recession"). Prior to this, people kept buying houses with high risk loans, because their mortgage–backed securities were technically making profits when the house values increased; however, when the house values started to decrease, those securities became worthless, thus people were not able to pay for the house–many people had their house confiscated. As a result of this wealth loss, consumer spending decreased sharply and many banks collapsed. The U.S. government tried to combat this issue, but many of the fiscal policies they had created were controversial because of their interference in the economy. One debate sparked on whether ... Show more content on Helpwriting.net ... One of the biggest problems that contributed, is that the amount of the money spent was "too small" and that it was providing money for everything–money was spent "from ailing infrastructure like bridges and rails to invasive species like Asian carp and Russian olive trees" ("How the $800B"). Stimulus package create programs that are unnecessary and wasteful, for its primary goal is to put American people to work. Republicans criticize that such economic measures run the country into large deficit, having severe effects on the economy in the long term such as substantial increase in inflation ("Deficit Spending"). Overall, Republicans believe that the program was too small in scale, and its timid plan only created massive deficits of the country. Despite the should–have and could– have afterthought arguments from Republicans, ARRA's accomplishment cannot be discredited; it kept the real gross domestic product, or real GDP, from falling significantly, and it also increased employment. The Council of Economic Advisers, or CEA, reports that the real GDP began to grow steadily starting in the third quarter of 2009, and the ARRA has raised the level of GDP as of the second quarter of 2011, relative to what it otherwise would have been, by between 2.0 and 2.9 percent ("President Obama's Stimulus"). ARRA struggle to win recognition of its ... Get more on HelpWriting.net ...
  • 36.
  • 37. Quantitative Easing During the Bush and Obama Administrations Quantitative easing is an unusual form of policy used when interest rates are near 0%. Banks rouse the nationwide financial system when usual monetary policies have become ineffective. In recent decades the government Central bank has argued they are the government's most important financial agency. Throughout their power to change interest rates and buy massive amounts of financial assets, the Federal Reserve System applied more influence over economic growth and the employment rate in recent times than any other government entity. During the Obama administration it's been used to sustain the financial system after the Wall Street meltdown in 2008; it also gave the economy extraordinarily methods of support during the recession such as ... Show more content on Helpwriting.net ... Quantitative easing is in limited use when problems are a lack of need, businesses and consumers were not interested in spending during high unemployment times knowing that money is cheaper. Stock markets were advertised more, costs of American exports were lowered it also allowed companies to borrow money at lower interest rates. Using quantitative easing has helped the recovery of the USA and other developing countries. The Fed's then limited their ability to pursue more measures, but congress ignored those appeals to help support the economy. The Fed's decided to use smaller steps to help investor expectations and to prevent a possible financial crisis in Europe. In 2011 it was announced that the FED's would hold short–term interest rates close to zero percent through 2013; to help support the economy. Soon after it was announced that using the "twist" operation would push long–term interest rates down, by purchasing $400 billion in long–term treasury securities with profits from the sale of the short–term government debt. Inaugurating a policy to help shape market expectations, which will raise interest rates at the end of 2014. This all started when Bush came into office in the 2000's with a budget surplus left from former democratic President Bill Clinton. The first bill Bush decided to sign was the Economic Growth and Tax Relief Recognition Act of 2001, which cut tax rates across the board. Throughout the years ... Get more on HelpWriting.net ...
  • 38.
  • 39. The Crisis Of The United States The 2008 so called "Great Recession" was a time that was tough on a great deal of americans as well as people all around of the world. The shock was the popping of the housing bubble. After the great burst, the financial situation of the country began to spiral out of control. Unemployment skyrocketed. Millions of Americans were laid off. The inflation rate plummeted to an extremely unhealthy amount. This was strange because the United States had recently spent decades working to lower inflation rate. They finally received what they wanted and much more. The consumer price index also eventually crashed as well. A big reason for these crashes were civilian reactions to the bursted housing bubbles. The United States took several actions to recover from the crisis. They worked at lowering mortgage interest rates and also passed the American Recovery and Reinvestment Act. They also bailed out huge failing banks like AIG. We took many actions that eventually paid off and pulled us out of the recession. The housing market had raising prices that economists thought was just steady growth. However, once the prices began to drop people grew fearful and stopped buying. This totally through the market off and it crashed. The country from there financially spiraled out of control.The cause for this bubble and the bursting of it can be attributed to banking that was irresponsible to say the least. Bankers were handing out to mortgage loans to people with low income jobs and poor credit ... Get more on HelpWriting.net ...
  • 40.
  • 41. Stimulus Package the Advantages and Disadvantages The Advantages and Disadvantages of the Stimulus Package Competition will be fierce for a piece of economic stimulus package pie. After all, this bail out is directly the result of a credit system in crisis from overextension of subprime lending. Too many American families are facing mounting piles of debt, job loss, and possibly the foreclosure of their home and business. Surveys of taxpayers show the expected uses of the tax rebate to be paying a bill/debt, beefing up a meager or depleted savings account, and spending it on a large item purchase. The U.S. federal government is issuing a tax rebate for most middle and low income Americans. Married couples receive the most at $1,200 dollars with a $300 dollar addendum per child. ... Show more content on Helpwriting.net ... Best of all, all mortgages and homeowners who are financed, backed, or insured by Freddie Mac or Fannie Mae will automatically be eligible for a home loan modification using the guidelines of this Government housing bailout plan. Basically, now, a home loan modification or refinance is easier than ever for a homeowner to be approved for while at the same time more beneficial. Small Businesses Obama's stimulus package, also known as The American Recovery and Reinvestment Act of 2009, could be the solution to small businesses in the current economic situation. Dedicated to scientific research, energy programs, school districts, contractors and Medicaid in conjunction with creating millions of new jobs, the $787 billion economic recovery package is a major topic on NEWS across the country. Who is going to be eligible for the money, how does one go about bidding for it and how much would one receive are all important questions being asked by business owners. Good news – the federal assistance is for everyone, especially business owners facing significant challenges. This is even a great opportunity for small companies to step up and compete for business with larger corporations. With the plan in place, smaller companies will have an opportunity to bid competitively where previously their capabilities may have restricted them. ... Get more on HelpWriting.net ...
  • 42.
  • 43. American Recovery And Reinvestment Act Seventh Anniversary... In the Address "On the American Recovery & Reinvestment Act Seventh Anniversary" by Barack Obama, people could see the use of descriptive assumptions about the economy of America and the use of renewable energy policies that supports Obama's Government. Those different assumptions performed are well received by the audience. Or at least those assumptions caused a good reception in the thinking of people respect to the recovery of the economy of America and the innovation in the use of clean energy. Also, it is important to recognize some illogical assumptions in this speech of Obama. Obama used multiple assumptions from descriptive nature in different parts of his speech to support the work of his government. In order to analyze Obama's assumptions, people had to check that Obama started using real data to create a feeling of confidence with the audience like "And people here in Florida were especially hard hit –– the unemployment ... Show more content on Helpwriting.net ... Denmark, United Kingdom, Sweden, and other countries had better records than America in the leading of clean energy. For example, "Denmark set a new world record for wind production in 2014, getting 39.1 percent of its overall electricity from the clean energy source."(EcoWacth) Third assumption, "Clean energy is about unleashing the potential of all these new technologies –– because we can figure some stuff out just about better than anybody else" Saying that America had the best equipment was a fallacy when we saw that a country like Morocco had put all efforts to build the greatest super solar power on the earth. In fact, it would be a fallacy to say that just the best minds were located in the United States nowadays when its levels of education dropped in many different fields compared with other state ... Get more on HelpWriting.net ...
  • 44.
  • 45. The Great Recession Report A recession is very different from a depression because a recession is when GDP is contraction for two consecutive quarters. The reason why this is called The Great Recession is because it had a significant decrease in GDP and jobs in the United States. After his first month in office, Congress gave Obama "the first legislative triumph"(Havemann). The American Recovery and Reinvestment Act was Obama's initial response to the 2008 recession. This act "enacted a $787 billion fiscal stimulus bill that comprised $288 billion in tax cuts and $499 billion in spending"(Havemann). It was a universal truth that most countries had been failing at this time, in some cases that were much worse than America's. " all experienced higher unemployment, a federal ... Show more content on Helpwriting.net ... Some effects of this were "high unemployment, a decline in property values, an increase in home foreclosures and personal bankruptcy, and a rise in food and oil cost"(Horton). The stimulus package didn't abolish poverty from the American citizens, but it kickstarted the economy to be increasing and to create a better society for everyone. Some administrations, such as NTIA, were quoted saying that the act "is an extraordinary response to promote economic recovery and growth, and includes measures to modernize our nation's infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need."(NTIA). The overall effect of this act created a more stable economy after the recession of 2008. However, they weren't put to effect immediately, but over a course of time. This is one of Obama's most successful pieces of economic legislation since he took office in early 2009. For more information about the American Recovery and Reinvestment Act, visit https://www.federalregister.gov/ or ... Get more on HelpWriting.net ...
  • 46.
  • 47. Summary: The 2008 Financial Crisis hroughout History, our great Nation, the United States of America, went through many era's of financial crises that resulted in depressions. This also happened in 2008, when we experienced an immense financial crisis known as the Great Depression of 2008–2009. In an effort to end the financial crises, the government established three major bailouts: the Emergency Economic Stabilization Act of 2008 (EESA), the Troubled Asset Relief Program (TARP), and the American Recovery and Reinvestment Act (ARRA). Overall, the financial crises of the Great Recession of 2008–2009 caused the government to implement various bail–outs in an attempt to stabilize the economy. These programs have their own advantages and disadvantages that affect individuals and ... Show more content on Helpwriting.net ... The Treasury is now gradually drawing to an end of its remaining TARP investments and continues to implement TARP initiatives to help struggling homeowners avoid foreclosure (Tarp Programs). The American Recovery and Reinvestment Act (AARA), which is also known as the Recovery Act or the Stimulus, is a legislation that was enacted by the United States Congress and signed into law by Pres. Barrack Obama on February 17, 2009. It was designed to stimulate the U.S. economy by saving jobs that were put at risk by the Great Recession of 2008–2009 and to create new jobs (American Recovery and Reinvestment Act). In addition, it created measures to update our nation's infrastructure, enhance energy independence, expand educational opportunities, improve affordable health care, provide tax relief, and protect those in greatest need. The Department of the Treasury initiated nine programs, including tax changes and the delivery of an estimated $150 billion, which were designed to directly relief Americans and their families (Recovery Act). Indeed, these programs were relevant in my ... Get more on HelpWriting.net ...
  • 48.
  • 49. Stimulus Package Analysis On February 17th, 2009 President Obama signed the American Recovery and Reinvestment Act (ARRA) or Stimulus Package to restart the economy. The package contains extensive funding for science, engineering research and infrastructure, and more limited funding for education, social sciences and the arts. The Act of Congress was based largely on proposals made by President Obama and is intended to provide a stimulus to the US economy in the wake of the economic downturn. The measures are nominally worth $787 billion. ARRA includes federal tax relief, expansion of unemployment benefits and other social welfare provisions and domestic spending in education, health care, and infrastructure, including the energy sector. ARRA also includes numerous ... Show more content on Helpwriting.net ... These new provisions affect not only health care providers, health plans and health care clearinghouses, but a wide range of vendors and contractors that provide services to health care organizations. Previously, HIPAA applied only to the use and disclosure of individually identifiable health information (known as "protected health information") by health care providers, health plans, and health care clearinghouses (known collectively as "covered entities"). Vendors providing administrative services to covered entities, such as legal services, accounting, information technology, financial support and similar services, were not directly subject to HIPAA's privacy and security provisions. They were, however, required to sign business associate agreements and thereby agree by contract to maintain the privacy and security of protected health information. Changes made by ARRA, expand the scope and application of HIPAA. Among the most far reaching provisions of ARRA are those that apply several of HIPAA's security and privacy requirements to business associates. In addition, business associates will be subject to civil and criminal penalties and enforcement proceedings for violations of HIPAA. The definition of a business associate is also being expanded to include organizations that provide data transmission of protected health information to covered entities and business associates and that require access on a routine basis to that protected health information. Examples of such organizations include health information exchange ... Get more on HelpWriting.net ...
  • 50.
  • 51. Essay on Reagan’s Economic Policy As President, Ronald Reagan encountered many significant events; from surviving an assassination attempt, to the space shuttle Challenger disaster. Perhaps the most significant event was the economic downturn. He came to office (much like President Obama) in the midst of an economic crisis; however, President Reagan was able to turn the economy around. How did he do this? In order to answer this question, you must first ask what the economy was like when he was sworn into office, how his policy changed from the prior administration's policy, and how it contrasts our present economic policy. Prior to Reagan's inauguration the country was suffering from double–digit inflation, high interest rates, high unemployment, oil shortages, and ... Show more content on Helpwriting.net ... Within seven years the wealthy had more money, but could also afford to give better pensions and pay raises. He reduced income tax from the top bracket 70% down to 28% spurring growth from the top on down and vice versa. This gave some people who lived in poverty a view that Reagan was indifferent to their struggles. This may have seemed the case but growth did happen, and hopefully those critics found jobs; however, driving to those jobs still pinched the pocket book a bit due to the energy crisis at that time. With the tax cuts on high income nationwide, oil companies were still paying on Windfall taxes. This was started by the previous administration where oil companies were taxed on the excess of profits they made. Oil companies raised prices due to production cost, supply, and demand. Reagan sought to decrease the oil windfall profits tax in order to eliminate the energy crisis that happened only a few years earlier. In 1988 he ended the Windfalls profits tax all together. He wanted to provide government as a service to the states and people of those states. Businesses did not need to worry about taxes from this and taxes from that. In short he wanted the Nation to see less government. President Reagan wanted America to govern itself. He felt that when some prosper it would trickle down to all. He especially did not believe in big government spending programs. With his less government views ... Get more on HelpWriting.net ...
  • 52.
  • 53. The American Recovery And Reinvestment Act Of 2009 ( Arra ) In today's society, the accuracy of health information, the availability of health records, and the professional resources in which one live are vital in decision making for health conditions. Meaningful Use (MU) is a program developed by CMS Medicare and Medicaid that awards, incentives in the health care industry in which the certified electronic health records (EHRs) are used to improve patient care (Practice Fusion, 2016). These incentives are for professionals that care for about 30% of their adult patient volume or 20% of their children's volume for Medicare and Medicaid patients (CMS, 2016). In addition, adjusting from paper charts to electronic charts of patient's information is beneficial for MU. Furthermore, the American ... Show more content on Helpwriting.net ... One of the issues with the electronic systems in health care for MU is the ability to retrieve laboratory results during a patient's visit. In 2013, Hinrichs and Zarcone reveal that over 70% of medical decisions are determined by laboratory results. In 2007, AU Health implemented Cerner Millennium PowerChart that displays clinical data to improve the point of care for patients. With the PowerChart solution, the patient's information can be easily verified, vital signs can be entered, and family history can be updated. The Affordable Care Act (ACA) signed by President Obama in 2013 places emphasis on expanding insurance coverage of medical care for everyone. As part of the ACA, the improvements in the way these results are exchanged and transmitted will add value to quality, safety, efficiency of health information (Hinrichs & Zarcone, 2013). The transmission and availability of EHR affect how other health professionals send and receive information at the local, state, and national levels. In 2009, President Obama signed the Health Information Technology for Economic and Clinical Health (HITECH) Act to promote meaningful use of health information technology (Jha, 2015). Before the HITECH Act was passed, only about 17% of U.S. doctors and about 9% of U.S. hospitals were using an EHR according to Jha (2015). During 2013, the percentages increased to ... Get more on HelpWriting.net ...
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  • 55. The United States Of America It has been seven years since the largest and most powerful capitalist country in the world faced an uncertain and volatile financial meltdown that affected domestic and international soils. The United States of America (USA) was hit by a recession that began in early 2007, under the leadership of President George W. Bush. The initial signs of recession were not clear and did not appear a significant threat to the financial health as it came in waves, turning the end of 2008 in a more severe recession, which resulted in the biggest financial crisis. The United States' (U.S.) Gross Domestic Product (GPS) began to shrink at a 2 percent annual rate in 2007 with a net loss of 210,000 jobs per month. By the end of March 2008, these figures jumped drastically increasing to an 8.9 percent and an accelerating total net loss of 830,000 jobs were claimed. (Hennessey K., Lazear E. 2013). In addition, the most financial breathers became vulnerable; various financial firms such as Bear Stearns faced liquidation while Lehman Brothers was forced into bankruptcy by the end of 2008, and that was just the beginning. How could this happen? What were the reasons for the accelerated failure of the financial market, bankruptcy of major financial institutions and massive loss of jobs in USA? How could regulated organizations that drive the finance wealth of this country collapse and cause an aggressive recession that left many Americans without homes, jobs and in with an uncertain future? How ... Get more on HelpWriting.net ...
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  • 57. An Imbalance Between Rich And Poor Is The Oldest And Most... "An imbalance between rich and poor is the oldest and most fatal ailment of all republics." – Plutarch, Greek historian Currently in the United States, there are over 16 million children growing up in poverty. Children that live in poverty are more likely to be absent from school and have a higher dropout rate than those who come from families with higher incomes. Children that live beneath the poverty line are more likely to have learning disabilities, developmental delays, and behavioral problems. These are just a few disadvantages of the hundreds that children living in poverty deal with on a day to day basis. There are ways to help these children in poverty, that is the extension of the American Recovery and Reinvestment Act (ARRA) of 2009 improvements to the Child Tax Credit and the Earned Income Tax Credit. The extension of this effective policy will ensure that parents and caregivers have the resources to support and nurture their children. The United States fell into a recession in December 2007 and it was the greatest economic crisis since the Great Depression. The American Recovery and Reinvestment Act was designed to help the economy recover and get out of the recession. ARRA was specifically designed to help American families and small businesses. The plan for this act was to redirect $260 billion in federal funding through unemployment benefits, tax cuts and tax credits. The American Recovery and Reinvestment Act was very successful and ended the recession ... Get more on HelpWriting.net ...
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  • 59. American Recovery And Reinvestment Act Of 2009: A Case Study The American Recovery and Reinvestment Act of 2009 (Pub.L. 111–5) also known as the Obama stimulus nearly doubled the budget allocated for loan. It was in 2009 when Energy Secretary Steven Chu announces that Solyndra will receive the Energy Department's first guarantee energy loan of $535 million, issued by the U.S. Treasury's Federal Financing Bank even after the Department Of Energy staff warned that Solyndra would run out of money by September 2011. Making Solyndra one of several companies that received assistance from the government, attempting to push back China's "strategic targeting of green–energy". The loan was only 1.3% of the DOE portfolio (Johnson, 2012). Apparently, Solyndra received all this money so very soon because of the complaints ... Get more on HelpWriting.net ...
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  • 61. Let's Rock the Informed Vote: Barack Hussein Obama The incumbent 44th President of the United States is my preferential candidate of choice for the upcoming November, 2012 Presidential election. Dissecting his views and actions on a variety of topical policy issues will illustrate that my support for my candidate is on target. Furthermore, data will show success of Obama's policies. Leading economists, including New York University's Mark Gertler called the economic climate Obama inherited "one of the worst financial crisis since the Great Depression." (Hilsenrath). There is no doubt that the economy and a candidate's economic policy will be the hottest item of discussion in politics during election season, along with topics like foreign policy and energy. Consequently Obama's economic ... Show more content on Helpwriting.net ... Some presidential candidates are taking a radical stance on Iran and intimating that we should take military action now in response to Iran's nuclear policies. Obama chastised these candidates reminding them, "They're not commander in chief. When I see the casualness with which some of these folks talk about war, I am reminded of the costs involved in war" – for those who go into combat, for national security and for the economy. 'This is not a game,' he added. 'And there is nothing casual about it' "(Calmes). It is good that our commander in chief is a thoughtful man and takes war and foreign policy seriously. Pursuant to energy efficiency policies, controversy swirls as climate changes are experienced in the U.S. and around the globe. When energy efficiency steps are put into place, economic outlooks turn positive. Obama's policymaking in this arena makes "critical investments in advanced vehicle and fuel technologies, public transit, and high speed rail" (United Press International). With new fuel efficiency standards that will improve fuel economy by 2025, and other initiatives that he enacted, "12 billion barrels of oil will be saved and American consumers will save $1.7 trillion at the pump, and greenhouse gas emission standards for commercial trucks, vans, and buses for are projected to save over 500 million barrels of oil and save vehicle owners and operators an estimated $50 billion in fuel costs" (United Press ... Get more on HelpWriting.net ...
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  • 63. The American Recovery And Reinvestment Act People believe the American Recovery and Reinvestment Act or ARRA had a centralizing effect, yet there are motives that support, as well as some that oppose the act. The act is sometimes referred to as The Stimulus or The Recovery Act. The United States Congress in February of 2009 passed this Act and it was signed in the same month, by President Barack Obama. The main goal for the Act consisted of maintaining and building jobs right away. The next goal was to offer momentary release plans for those who are the most affected by the depression and invest in organization, schooling, and health. The expected price of the Act was around $780 billion. It was adjusted to around $830 billion, between the time of 2009 and 2019. Within the act, it incorporated spending in organization, schooling, and health. "States were rescued from this crisis by the American Recovery and Reinvestment Act (ARRA), a package passed by Congress that was designed to stimulate the economy with targeted tax cuts, job creation and government investments" (Smith & Greenblatt, 2016, p. 90). The leading aim was for a sense of motivation in the time of the economic decline and help the U.S. economy. While involving the tax release and expanding on employment, it also served many purposed that are non–economic. This included matters that were directed towards more long term plans. The Economic Stimulus Act of 2008 involved refunds of taxes, yet the government had more action that was significantly bigger. The ... Get more on HelpWriting.net ...
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  • 65. American Recovery Reinvestment Analysis American Recovery Reinvestment Act– part 2 The ARRA was believed to be the most belligerent and continuing recession the economy was facing at the beginning of 2009. "Obama's $787 billion stimulus package is a consortium of thousands of federal tax reductions, and expenditures on infrastructure, education, health care, energy and other projects." (White, 2015) This incentive was to get the U.S. economy out of recession and was going to do this by creating approximately 2 million new jobs. 13 million dollars of that money went to beneficiaries of Social Security, Supplemental Security Income, and Veterans. There was so much accomplishment from the ARRA. The economic growth improved in 2009. "Congress approved the $787 billion economic stimulus ... Get more on HelpWriting.net ...
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  • 67. Meaningful Use Act Essay Access the CMS website and locate information regarding the Meaningful Use Act. In 2009, the Health Information Technology for Economic and Clinical Health Act (HITECH Act) legislation was created to stimulate the adoption of electronic health records(EHR) and supporting technology in the United States. On Feb 17, 2009, President Obama signed HITECH into law as part of the American Recovery and Reinvestment Act of 2009 (ARRA) economic stimulus bill. The HITECH Act outlined the intended plans for the adoption of electronic health records through meaningful use. The CMS Medicare and Medicaid EHR Incentive Programs have evolved into three stages of meaningful use with their own priorities, goals and their own final rule. Meaningful Use means "providers ... Show more content on Helpwriting.net ... Percentage of patients who were ordered at least one high–risk medication b. Percentage of patients who were ordered at least two different high–risk medications 3. Preventive Care and Screening for Tobacco Use: Screening and Cessation Intervention – Percentage of patients aged 18 years and older who were screened for tobacco use one or more times within a 24–month period and who had received cessation counseling intervention if they were identified as a tobacco user. 4. Preventive Care and Screening: Body Mass Index (BMI) Screening and Follow–Up – Percentage of patients aged 18 years and older with a calculated BMI in the past six months or during the current reporting period documented in their medical records and if the most recent BMI is outside of normal parameters, a follow–up plan was documented within the past six months or during the current reporting period. Normal Parameters: Age 65 years and older BMI greater than 23 but less than 30; Age 18 to 64 years BMI greater than 18.5 but less than 25. Pediatric Recommended Core Measures 1. Appropriate Testing for Children with Pharyngitis – Percentage of children 2 to 18 years of age, who were diagnosed with pharyngitis, ordered an antibiotic and received a group A streptococcus (strep) test for the ... Get more on HelpWriting.net ...
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  • 69. The War On Poverty And Poverty The War on Poverty Poverty in the United States would appear to be an oxymoron. Considering the United States of America is one of the most prolific economies in today's global market. However, according to the US Census Bureau forty–seven million Americans live in poverty today. "Poverty condemns millions of people throughout the world to live in deplorable and inhuman conditions. These people are trapped in a cycle of poverty, living in places offering little protection from the rain, wind, and cold" (George 671). Despite poverty being a major problem within the boarders of the United States, American government disperses over fifty billion dollars to relieve similar situations in third world countries. A more logical allocation of resources would be to address the problem right here at home rather than blindly giving to the poor of the rest of the world. Fifty–two years ago in 1964 United States President Lyndon Johnson declared War on Poverty in his State of the Union Address saying ""This administration today, here and now, declares unconditional war on poverty in America. Our objective is total victory." This declaration of war marked the beginning of a campaign that sparked many anti–poverty programs. These programs include the Economic Opportunity Act, Head Start, Community Action Program, and Job Corps. Johnson targeted the "causes" of poverty rather than the mere "consequences" of it. Since the War on Poverty took effect in the US the quality of life and ... Get more on HelpWriting.net ...
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  • 71. Swedish Chemist Svante Arrhenius Laid Out The First Basic... Ryan Gengler 27 February 2017 Instructor: Mrs. Nutter English 121 Research Narrative Swedish Chemist Svante Arrhenius laid out the first basic ideas of climate change in 1896 (Weart 34). Some of these basic ideas were the causes of climate change, such as the greenhouse effect (Anttila–Hughes, Oppenheimer 11). At this point in time, this was all new research which influenced others to continue the research on climate change. As time progressed, more and more people began to believe in the effects of climate change due to the large amounts of research done since Arrhenius introduced the issue (Weart 34). Nowadays, the idea of climate change is argued whether it exists or not, without taking the large amounts of research into account. The ... Show more content on Helpwriting.net ... Once Obama was elected into office, he wanted to start making legislative changes to battle climate change, but it turned out to be a rough start for him. None of the Republican House Representatives would vote for his proposals and plans, which made it difficult at first for Obama to do much towards climate change (Kramer 29). After various proposals being turned down, one of the proposals were actually passed. Obama was able to provide "[...] $80 billion in funding for renewable energy, which sparked the subsequent stratospheric growth in wind and solar power, and a substantial boost in vehicle fuel efficiency" (Hertsgaard 72). This was one of the first actions Obama was able to accomplish towards climate change, which ended up helping companies use renewable energy instead of fossil fuels for their energy. A mistake that Obama made during the early parts of his first term was that he did not make much of an effort to inform the common people about the issues and causes of climate change (Coen 306). This mistake made it hard for Obama to get much support or understanding from the people, which made it even more difficult than it was to propose ideas about climate change. As time went on, it still was difficult for Obama to pass legislation, but he was able to get the American Recovery and Reinvestment Act of 2009 passed to slow down the effects of climate change. The American Recovery and Reinvestment Act of ... Get more on HelpWriting.net ...
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  • 73. Essay On Human Services Government–funded human services are defined in specific terms in relation to state–level administrative structures and the state's annual budget. These services do not technically include significant portions of the budget devoted to health care and education. Human services–thus narrowly defined–are primarily delivered by the Department of Human Services (IDHS), Department of Children and Family Services (IDCFS), Department of Aging (DoA), Department of Public Health (IDPH), and the Department of Veterans Affairs (IDVA). When defined in this manner, human services account for over 23% (over $6 billion) of the current fiscal year's (2010) State Operating Budget. Human service–oriented state departments, and the contracted nonprofit ... Show more content on Helpwriting.net ... For human services, this has been on the order of 12% since 2002. In that year, for example, Illinois already ranked 31st nationally in per capita funding for both mental health and developmental disabilities. Funding for human services as defined above has been largely neglected by the federal American Recovery and Reinvestment Act (ARRA), or stimulus bill. Of the $700+ billion national program, $140 billion over a 2 ½ year period is specifically devoted to addressing budget shortfalls experienced by 48 states (all except Montana and North Dakota). Illinois' portion of that total is $10.5 billion, equaling about 40% of our state's shortfalls for combined fiscal years 2010 and 2011. At least 80% of that funding is specified by law for health care, education, and employment security. In contrast, funding specified for IDHS, IDCFS, and DoA totals $174 million, or 1.6% of total ARRA grants devoted to closing the our state deficit. This 1.6% is in sharp contrast to the 23% of the budget that is devoted to human services. The human consequences of these cold facts are clear when one reads in the newspaper about the struggles of local government agencies and nonprofit organizations to not only deliver services, but to fiscally survive. According to the Social Impact Research Center at the Heartland Alliance, almost 2,600 nonprofit organizations deliver at least $5 billion of human services ranging from emergency assistance to the homeless, to ... Get more on HelpWriting.net ...
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  • 75. The American Recovery and Reinvestment Act In 2008, the American economy broke down. Known as the Global Financial Crisis, this is widely considered to be the worst financial crisis since the 1930's when the stock market crashed and the Great Depression hit. On November 4, 2008, candidate Barack Obama was elected for the first term of his presidency. The following February, The American Recovery and Reinvestment Act of 2009–or the ARRA–was signed into effect by congress, and made into law by President Obama on February 17, 2009. This stimulus package was originally proposed to be 816 billion dollars, but was eventually raised to be 840 billion dollars in 2012. The purpose of this bill was to inspire confidence in the American people that the economy would be up and running again. The ARRA was intended to give money back to small businesses as well as the American families who ran and worked at these businesses. This varies from TARP, or the Troubled Asset Recovery Program, which was a bill that was aimed at bailing out banks in October 2008. TARP worked to allow banks in danger to participate in reverse auction, in order to sell their assets. In order to restore hope and eventually safeguard 900,000–2.3 million jobs, the ARRA was intended to be spent over the course of a decade. It was very strategically planned, however, not to be spent evenly during that time. Instead, the following arrangements were made: 185 billion dollars in the fiscal year 2009; 400 billion dollars in the fiscal year 2010; and 135 billion ... Get more on HelpWriting.net ...
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  • 77. The American Recovery And Reinvestment Act In 2008, the housing market crashed, businesses were failing, and people were losing their jobs. This is how Barack Obama started off his presidency. Already, fingers were being pointed and cries were maybe. This would be the start off to Obama's presidency. His creation of the Stimulus Package created a lot of criticism, but at the end of the day, it fixed the economy. Now Obama is ending his presidency with a flourishing economy and GDP Growth. Even if the Stimulus Package was one of the most criticized plans in his presidency, it did exactly what it was meant for, which was to fix the economy and create growth. After the crash of the market in 2008, Obama created the American Recovery and Reinvestment Act. The act was an "economic stimulus package"(Amadeo). The act would cost $787 billion. The act was meant to help families and small businesses instead of big business so that people in the United States could put trust into the system again which could stimulate spending and growth. For the purpose of stimulating demand, $260 million was put into cutting taxes, tax credits, and unemployment benefits (Amadeo). This included things like tax credit for first–time homebuyers, college tuition, and extended unemployment benefits. Stimulating demand and trust from the people was the biggest fitting puzzle piece of the stimulus package. The only way for an economy to flourish is when people get extra money that they can spend which would create growth in consumer ... Get more on HelpWriting.net ...