United States Constitution - 1516 Words

Novus Ordoro Seclorum is Latin for â€Å"a new order for the ages.† Why did Americans select the constitutional order they did in 1787-1789, and why did they reject a more democratic and confederal form not more than a decade old? â€Å"Having initially hesitated in attending the Convention, once decided, Washington pushed the delegates to adopt ‘no temporizing expedient’ but instead to ‘probe the defects [of the Articles] to the bottom, and provide radical cures,’ from Matthew Spalding, Ph.D. At the beginning of the Philadelphia debates in 1787, Edmond Randolph set aside the Articles of Confederation and the Congress of Confederation, and instead created the skeleton of a new constitution which included a Supreme National Government with†¦show more content†¦The delegates wisely choose the chance of good. Considered at the Philadelphia Convention was a Confederate government, the system from Articles of Confederation. One of many problems u nder a confederacy is a weak federal government. From Generation Joshua, â€Å"It must be understood that the Articles of Confederation were really just an agreement between friends, a gentlemen’s agreement†¦ The Confederation Congress was a shadow, while the true power rested with the individual states.† Instead of the federal government being able to do their job, the states ran the country. The government was inhibited by its inability to govern. The states were being governed, not the people, so the government was not doing its job, to govern the people, instead, it was governing the states. . James Madison says, â€Å"One characteristic, was that in a federal Government, the power was exercised not on the people individually; but on the people collectively, on the States.† However, the biggest problem is that it simply did not work. Edmond Randolph, a delegate to the Philadelphia Convention from Virginia, says â€Å"I lament the crisis that revising t he federal system has brought about, but I believe that it is necessary to prevent the fulfillment of the prophecies of an imminent American downfallShow MoreRelatedThe Constitution Of The United States979 Words   |  4 Pages In 1787 the Constitution of the United States was written and ratified to better that time period. Many people believe that the Constitution was an excellent tool in previous years but, it is no longer relevant to today’s society. Others disagree, they think that the United States Constitution is still applicable to today’s American citizens. The Constitution is significant to American life, it protects each individual’s rights, limits the federal government’s power, and amendments can be addedRead MoreThe Constitution Of The United States1337 Words   |  6 PagesA constitution is defined as the system of fundamental principles according to which a nation, state, or those of such nature are governed. The Constitution of the Unit ed States of America is the supreme law over our nation as a set of rules in which our country is run. In addition to following the rules of the national constitution Texas also has its own constitution as wall as every other state’s; Texas’s is among the longest. Similarly to the United States Constitution, the structure and functionRead MoreThe Constitution Of The United States Essay1391 Words   |  6 PagesThe Constitution of the United States, specifically the Bill of Rights, guarantees and protects the rights of individual citizens. In addition to freedom of speech, freedom of religion, and the right to keep and bear arms, individuals have the freedom to assemble and the freedom to petition. More importantly, is the protection from unreasonable search and seizure, cruel and unusual punishment, self-incrimination, and the deprivation of life, liberty, or property without due process of law (UnitedRead MoreThe United States Constitution958 Words   |  4 Pages The United States Constitution was adopted September 17, 1787. The purpose around its construction was to add more detailed rights, laws and regulations in the United States than the Articles of Confederation gave when it was established on November 15, 1777. The ratification of the Bill Of Rights added to the constitution December 5, 1791 created a clear understanding of the rights garneted to the American people. The founders created laws and restrictions that limited the governmental power andRead MoreThe United States Constitution2133 Words   |  8 PagesThe Constitution The Constitution is the foundation of the United States Government. Each branch of the government relies upon this document to dictate how power is distributed in this democracy and the people rely on the Constitution to protect them from the Federal governments power. Before the Constitution the colonies were divided under the governance of the Articles of Confederation. This first government was adequate through the Revolutionary War but afterwards the people needed unionRead MoreThe Constitution Of The United States972 Words   |  4 PagesThe constitution, the governing document of the United States, virtually perfect in its creation and given life through the thoughts, worries, and dreams of a few great and very intelligent men, it can be said to be the living law of the land, one that has grown and matured with society and the world of today. This document has performed amazingly in its ability to represent the people of its time and to allow room for interpretation of law in combination with society to allow it to continue to representRead MoreThe Constitution Of The United States1552 Words   |  7 PagesThe Constitution of the United States has governed this country for over 200 years. The Bill of Rights, also known has the first Ten Amendments of the Constitution, has protected the unalienable rights of citizens in the United State. Selective incorporation was used in order to nationalize the Bill of Rights and protect the immunities, rights, and privileges of all United States citizens within the states. The success of Selective Incorporation, along with the 14th Amendment, ensured that statesRead MoreThe Constitution Of The United States894 Words   |  4 Pagesthe substratum for that country. A Constitution can be defined as a document that is the substratum of the country’s principles. Elements in the Constitution may contain sundry information. Which can include: how many terms a leader may serve, what rights the citizens have, how the judicial system works, etc. The United States in no different from those countries. Every constitution is different, no country has the exact constitution as another. The U.S Constitution is a four-page document detailingRead MoreThe Problem With The United States Constitution1209 Words   |  5 PagesAllana Diego Mrs. Morris CLN4U 9 January 2015 The Problem with the United States’ Constitution According to the United Nations, human rights are defined as â€Å"rights inherent to all human beings, whatever their nationality, place of residence, sex, national or ethnic origin, colour, religion, language, or any other status. Humans all equally entitled to human rights without discrimination. These rights are all interrelated, interdependent and indivisible.† The fight to protect human rights hasRead MoreThe United States Constitution1698 Words   |  7 PagesThe United States Constitution was ratified in the summer of 1788 and is the governing document of the United States of America. Owing to its brevity and clarity of thought, it has stood the test of time, whereas founding laws of other nations have come and gone, lost to the thoughts of the many for whom they were originally conceived of to sustain. Of the prescient statutes that comprise this most venerable of documents is Article 1, Section Four, which laid a foundation for the election of federal

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The Reports of Unemployment Rate

Questions: (1). a The table below reports some labour market figures for a hypothetical country, Blefuscu in 2005. Assume that there are only two types of employment: full time and part time. Everyone who is not employed is unemployed. Calculate the Labour force participation and ii) unemployment rate. Show all your calculations. Population 15,000,000 Working age population 12,900,000 Number of people Not in the labour force 100,000 Part-time employment as a percentage of total employment 18% Number of full-time employees 4,953,000 Rate of underemployment 40% (b). The government of Blefuscu announces that the unemployment rate fell from 2005 to 2006. The government says this is positive news as it shows more jobs are being created and less people are unemployed. The labour unions, on the other hand, disagreed with this assessment and stated that they could find no evidence that additional jobs have been created between 2005 and 2006. Your task is to explain how the unemployment rate can fall even if there are no new jobs being created. First, using the numbers you have been given in 1A as the 2005 figures, fill in the table below by developing a set of numbers that show how the unemployment rate can fall even if there are no new jobs being created. Assume no change between 2005 and 2006 in the population, percentage of part time workers and working age population. Second, discuss in detail how the numbers show the unemployment rate can fall even if there are no new jobs being created. List two possible reasons why this may occur. Year 2005 2006 Population 15,000,000 15,000,000 Working age population 12,900,000 12,900,000 Number of people Not in the labour force 100,000 ______ Part-time employment as a percentage of total employment 18% ___% Number of full-time employees 4,953,000 _____ Rate of underemployment 40% ___% (2). Economists are deeply puzzled by our desire to have children. First, kids are really expensive - the biggest financial decision most couples will make. Forget the cost of buying the family home; the kids you choose to populate it with will end up costing just as much, or more, over a lifetime. A survey released last week by AMP and the National Centre for Social and Economic Modelling found the typical Australian family spent $812,000 raising two kids. This is an increase of nearly 50 per cent in just six years. Economists like to assume we are rational individuals who make decisions based on anticipated costs and benefits. The Sunday Mail (Qld) May 26 2013 You are the senior Economic advisor to the Prime Minister who is currently considering how to reduce the cost of having children and promote more economic growth. Some of her party want to continue John Howards baby bonus scheme that provides a lump sum of cash to parents upon the birth of a child. Others argue that the government should instead aim to focus on lowering the costs of educating children by making tertiary education free. a. Discuss how each of these options will affect wages and labour productivity, potential GDP and real GDP. Will they lead to growth in real GDP and rises in real GDP per capita? use the potential GDP and labour market diagrams in your answer. b. Imagine that whatever strategy will be chosen, it will be kept for the next three decades. In terms of achieving growth in the long run, discuss which strategy would lead to higher growth rates and explain why. c. How would each strategy affect the standard of living? Answers: (1). The natural unemployment rate is defined as the rate of unemployment when there is equilibrium in the labor market. The unemployment rate is the difference between the number of individuals that would like a job and the people who are able to and willing to take a job. The rate of unemployment includes two types of unemployment they are frictional and structural unemployment. The natural rate of unemployment generally occurs due factors in the supply sides and not on the demand side (Argy et al 2016). Population 15,000,000 Working age population 12,900,000 Number of people Not in the labor force 100,000 Part-time employment as a percentage of total employment 18% Number of full-time employees 4,953,000 Rate of underemployment 40% So the above table provides information regarding the population, working age population, the number of people not in the labor force, the percentage of part-time employment, the number of full-time employees and rate of underemployment. (a). The labor force participated can be calculated using the formula: Labor force participated rate= labor force (employed + unemployed)/working age population * 100 =(4,953,000+100,000+232200) 12900000 * 100 = 41% Here, 230400 is the total number of persons in the in the part-time employment. Unemployment percentage= total number of unemployed person/ unemployed+ employed = 100,000/ 100,000 + 4,953,000 + 232200 = 2% So, from the above data, the labor force participated and the unemployment rate was 2%. (b). The report of the payroll jobs and reports of unemployment rate are circulated together, and it is also covered under the report of same press, so it is genuine to assume that both the report is circulated from the same source of data. And we calculate the unemployment with the help of household survey, not from the payroll jobs, so there is no particular relationship between change in the rate of unemployment and number of new payroll job generated("More Misleading Official Employment Statistics | The Daily Bell", 2016). The survey of the new payroll jobs counts an individual having two jobs as it were two individual employed, whereas the survey of households counts the individual holding two jobs as one. It should always be kept in mind that the number of payroll job may increase because of the use of birth-death model, which is used to calculate the number of unreported shutdowns of business and startups("More Misleading Official Employment Statistics | The Daily Bell", 2016). So the rate of unemployment can be dropped easily because of the definition of the workforce, which excludes discouraged workers. So it is evident that an increase in the population of discouraged workers can lower the unemployment rate("More Misleading Official Employment Statistics | The Daily Bell", 2016). (2). In the recent years, the government is facing a huge concern in reducing the cost of the cost of having children and promotes more economic growth. Many were of the view that the government should go for the John Howards baby bonus scheme that provides a lump sum of cash to parents upon the birth of a child, whereas many were against this scheme and advocated that the government should spend the money in reducing the cost of education of children by making tertiary education free. The federal government of Australia introduces the Baby Bonus scheme on 2002 with the aim to reduce the cost of bringing up a child. The primary aim of the scheme was to increase the fertility rate of Australia. The government raised the bonus from 3000 dollars to 4000 dollars in the year 2004. Under this scheme the women can claim up to 25000 dollars of the paid tax during the period of her pregnancy, making sure that the tax-free amount is not being wasted. The government implemented this scheme to reduce the cost of bringing up a child because the family expenses of bringing up children are increasing day by day. But many people advocate the idea of lowering the cost of the education by making tertiary education free. (a). The implementation of the baby bonus by the government does not have much impact on the wages and the labor productivity and does not help in the growth of the GDP and the real GDP. Many of the scholars highlighted that if the government focus on lowering the cost of education by making tertiary education free will positively affects the economy of a country. The Baby bonus scheme does not have any benefit for the future education of the child. And it is evident that higher education rate helps in the economic growth of the country. By investing this money in the future education of the child the government can improve the economic condition of the country, help them to increase the GDP and will increase the real GDP per capita("Baby Bonus Scheme" 2016). (b). Instead of implementing the baby bonus scheme the government should concentrate on reducing the cost of the education by making the tertiary education free because if the government does so it will increase the literacy rate of the country. With the increasing inflation it has become tough for many students to complete their education, so making the tertiary education free will help the government in the long-run, because with the free tertiary education now more children will be educated and which will improve their productivity, and increase literacy rate will also help in narrowing the wage gap between the workers. Free tertiary education will increase the productivity of the labor in the industry, which will further help the company to grow and increase the real GDP and potential GDP, strengthening the economy of the country("Baby Bonus Scheme" 2016). So from the above discussion, it is clear that the government should spend more money on educating children because this will benefit the country in the long run. (c). The baby bonus plan is not properly directed so its result in unequal distribution of wages and adversely affect the standard of living. Whereas if the government spend more on educating children than this will help in reducing the wage difference between the workers and will improve the living standards of the population. References Aaronson, S., Cajner, T., Fallick, B., Galbis-Reig, F., Smith, C., Wascher, W. (2014). Labor force participation: recent developments and future prospects. Brookings Papers on Economic Activity, 2014(2), 197-275. Argy, V. E., Nevile, J. (Eds.). (2016). Inflation and Unemployment: Theory, Experience and Policy Making. Routledge. Baby Bonus Scheme. (2016). MSF Corp Web. Retrieved 22 May 2016, Blustein, D. L., Kozan, S., Connors-Kellgren, A. (2013). Unemployment and underemployment: A narrative analysis about loss. Journal of Vocational Behavior, 82(3), 256-265. Bowen, W. G., Finegan, T. A. (2015). The economics of labor force participation. Princeton University Press. Gaddis, I., Klasen, S. (2014). Economic development, structural change, and womens labor force participation. Journal of Population Economics, 27(3), 639-681. Hoshi, T., Yasuda, A. (2016). Capital Market Regulation in Japan after the Global Financial Crisis. In The New International Financial System: Analyzing the Cumulative Impact of Regulatory Reform (pp. 165-195).

Rutgers Education free essay sample

It seems like a big welding pot in Rutgers which melted multiple cultures of different students from diverse backgrounds all over the world; especially therein the featured global village that aims to create the atmosphere to communicate with each other for international students is what I am pursuing in my academic study. On one hand, in modern society it’s necessary for us to make contact with various persons, thus it would definitely support my career in the future through primarily acquainting myself with conventions and customs of foreign peoples on the basis of solid knowledge foundation and excellent social international skills. On the other hand, as the tendency of business globalization becomes more and more popular, commercial trade among districts and areas would tremendously increase so as to develop respective advantages in virtue of others’; it is Rutgers that, I believe, would help me grow into a comprehensive professional in the field I would like to address while I could also exchange and disseminate the charming Chinese culture to all staff. We will write a custom essay sample on Rutgers Education or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page More importantly, Rutgers is located nearby the developed cities of New York and Philadelphia and has been keeping touch with the industries around, so that the curriculum exquisitely set by Rutgers is closely integrated with current situation of global market based upon advanced expertise faculty, modernized facilities and feasible training opportunities. Except appropriate and quiet environment for academic study, Rutgers also pays attention to practices and offers the positions of internship in large-scale enterprises, which absolutely contributes to the cultivation of alumni’s capability for the professional career in the whole life.