To call someone a "tax-and-spend" liberal. This trulyreveals the essence of the right-wing pseudo-Christians. I ask you: who is itliberals want to "tax and spend" on, themselves? No. They want toexpend their own money and the society's collective financial resources -- allocatedvia a democratic process -- to, in effect, effectuate Matthew 25 goals. Theywant to spend it on "the least of these." You can criticize liberalprograms or methods, but the "tax-and-spend" epithet reallycriticizes the goal itself.
– and it will help fewer peopleor not as much or will take longer to take effect, then the results ofright-wing pseudo-Christian non- measures : for example, the sick die because they wait to go to theemergency room for treatment until they’re horribly ill, when it's too late tohelp them; or people don't get preventive screening tests for cancer, andtumors are not discovered in time for effective treatment.
When we ask why social problems such as poverty, unemployment, crime, and war exist, each time we determine a cause, we can ask "why" again, as children often do until they are hushed.
Price inflation and unemployment are not opposing forces, but in large part effects deriving from the same causation — the expansion of the money supply.
Before that time, researchers believed that animals could not become addicted to drugs, thinking that animals were not capable of learning an association between the time a drug is injected and the onset of its effects....
We will also extend the discussion of the Keynesian view on unemployment and the fundamental distinction between voluntary and involuntary unemployment. We have seen that The latter is caused by deficient aggregate demand which can be solved by demand policies.
Hume said that the expansionary effect of an increase in money supply begins via a rise in cash balances in the economy. There is a presumption that the economy is at less than full employment and, with excess capacity in the labour market, the higher spending leads to firms increasing output. The expansion lowers unemployment but eventually the excess demand for labour forces up production costs (via money wage increases) and prices rise as a result.
Attwood, in particular, based his theory of inflation on his real world observations of the consequences for the working class of the deflationary strategies of the Bank of England after the Napoleonic Wars. He observed that the attempts by the Bank of England to bring the currency notes back to parity with gold – that is, the sharp reduction in the money stock – came at the expense of economic activity and caused unemployment to rise.
Somewhat earlier (1752), the Scottish economist, David Hume wrote an essay entitled – – and outlined a theory that is very reminiscent of what we later called the Phillips curve relationship – the trade-off between inflation and unemployment.
Which if achieved will reduce the unemployment to negligible levels by 2002. The Plan will focus not only on the creation of new jobs but also on increasing productivity and income in the existing jobs because it is felt that larger and efficient use of
Any slight change in investments or a company's cost premium could change the entire economy because of the domino effect acting on the rest of society....
Children are often defenseless and end up being taken advantage of and this can lead to abuse and neglect, including sexual, psychological, and physical abuse that cause short-term and long-term effects for the children and their families....
In this Chapter, we will explore the evolution of the Phillips Curve and the way in which the idea that there might be a trade-off between that the twin-evils of unemployment and inflation has changed as ideological dominance has shifted from those who see a profound role for government to play in maintaining low levels of unemployment and those, of neo-liberal persuasion, who eschew the intervention of government and consider the “market” will generate full employment without government.
The inflation rate will increase when GDP and unemployment decreases, because it will affect the purchasing power of the people of a particular country.