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Search Results : the-recession

Small Business Owners Prosper Through the Recession | AusBusiness …

October 05, 2009 By: admin Category: Business

While tough times have fallen on the big boy companies, statistics are showing businesses owned by women are thriving disproportionately.

Fighting the Recession with a Jellyfish Business – The World Newser

September 02, 2009 By: admin Category: Business

For some, the recession has brought on unexpected career changes. That’s certainly the case for 24 year old Alex Andon who was laid off from a bio-tech company last year

Open Question: is recession over as of now?

hi as all are saying is the recession over?? or all are pretending?? how is the market situation all over the world?? the recession is over or not?? and one thing are you employed or not??

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Open Question: Does the power of the supreme ct need to be limited?

They installed their choice for President in 2000 and that did not work out well (the national bankruptcy, the recession, 2 wars, 9-11, etc), and now they have allowed wealthy corporations to buy elections with unlimited campaign contributions. Do you think their jurisdiction needs to be cut back? Limited to something they might be qualified to handle, like judging pie eating contests or dog shows?Or do you think allowing wealthy corporations to totally control the country is a nice idea?

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Open Question: Has anyone seen the Credit Expert ad on uk tv?

talk about rubbing peoples noses in it when his butler says' he has the greatest credit score in history' when people here cannot get credit due to the recession..

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Open Question: Grade my essay please?

I know my teacher is gonna grade it anyways, but I only have one shot at this. It's for AP American history, so it has to be like perfect. Constructive criticism is appreciated and thanks for reading I know it's very boring! And whoever can steel themselves into reading this I definitely admire you :) What caused the Roaring Twenties to come to a grinding halt? Analyze the events of the 1920s that contributed to the demise of the American economy, using economic, social and political variables. The 1920s were a decade of economic prosperity. The employment rate was high, and the productivity rate was soaring due to new technological advancements. Globally, the United States was extending it's power across the world and establishing itself firmly in the global market. However, the country was unconsciously setting itself up for economic doom. Consumers, bolstered by the new availability of loans and slower payments from companies, were making purchases that cost many times their regular salary, resulting in a doubling of installment debt throughout the country. Factories were producing more than could actually be afforded by their low-cost employees, and due to an originally successful high tariff, the United States began a global tariff war in which it quickly became the center. Extremely high productivity rates, severe political mistakes, income inequality and nation-wide loans were the leading causes to the demise of the American economy. During World War I, farmers were both encouraged to and assisted in increasing crop production. European nations looked to the US for food, and farmers found themselves gaining a steady income. However, after the war, that government assistance was snatched away, leaving farmers with debt that could no longer be paid off easily. This forced them to plant more cash crops, leading to a surplus of wheat on the market, driving prices down and impelling farmers to plant even more crops for the next year. A similar problem was occurring in factories. In an effort to match popular demand, factories produced an increasing amount of consumer goods. Factory output soared with the utilization of new machines and techniques designed to increase production, while employee wages did not rise any higher. Demand could not keep up with supply, and as a result the price of goods collapsed. Overproduction led to a severely damaged economy leading up to the Great Depression. President Herbert Hoover and his administration simply downplayed the depression in the beginning, and assured citizens that they were only facing a temporary slump in the economy. They claimed that it would actually clean up the current corrupted practices within the system. However, when the economy continued to fail, Hoover declared the government would play a strict laissez-faire, or hands-off policy, stating that the government should not interfere with the economy, but instead let it right itself. He advised American citizens to practice self-reliance and work hard. In addition to his inaction, Hoover approved the Smooth-Hawley tariff, which pulled the average tariff rate for imported goods up nearly sixty percent. This was intended to protect American goods and businesses, but the main result was retaliation from foreign nations, who ceased to buy American products. US producers were desperate for any sales at all, and were severely hurt by this move. Political practices not only failed to aid American citizens during the recession, but actually added to the accumulating disasters. By the late 1920s, income inequality was more severe than in any other time in U.S. history. More than a third of all the nation's wealth was owned by the top one percent of Americans, while the poorest twenty percent were forced to make do with only four percent of it. Very few Americans were incredibly wealthy, whereas the vast majority were in poverty or barely above poverty. There was practically no middle class, and this giant difference in classes added more difficulty to the plummeting economy. On top of this, Americans had begun making purchases on credit since the beginning of the century, agreeing to pay for their items later rather than up front. When the economy began to fall, these same people found themselves unable to pay up, and creditors were left to absorb millions of dollars in faulty loans. In addition, consumers had begun buying stocks on margin, borrowing money from a broker and then using the money they gained from their investment to pay off their debt. This led to a stock market built up on imaginary money, and eventually led to the inevitable crash of the stock market. The crash of the stock market marked the end of the prosperous nineteen twenties. In an ironic twist, the economic prosperity that had afforded such glamour and technological boom during the twenties caused the greatest economic depression this country has ever seen. Consumers, politicians and businesses alike

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Resolved Question: I saw on the news that they are laying off alot of teachers all over my state of Indiana.?

I think the recession and unemployment is getting worse not better. I think we are being lied to that its getting better. What are your thoughts? Do you think the recession has impacted your marriage or divorce in any way?

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Open Question: Did the war in Iraq cause the US Recession?

Now, call me a little suspicious, but why is nobody linking the current US Recession to the Iraq war? Everybody says the cause of the current state of financial depression in the US is caused by overzealous creditors and mortgage companies loaning out money when they shouldn't have, based on the promised dream of house prices in future continuing to steadily rise as they have been doing in past. Yes, the housing market is in a slump right now. But is that the reason why so many businesses are closing, why so many people are losing their jobs, their homes, their livelihoods? Why are formally well-off American families with children being forced out of their homes onto the street? It seems to be that money is rushing out of the country away from our own people and I can only think of one cause. Could it be possible that the Iraq war is the prime cause of the recession? Call me ignorant if you will, but according to the latest figures, the Iraq war has cost the America taxpayer 10 billion a month for over 66 months now. Basically, avenging September 11th (at its basest leveland yes I know we're not supposed to talk about the oil*) has cost the US 660 billion dollars to date. It also doesn't account for a penny of the billions that will be needed to take care of the thousands of disabled fighting men and women in future, for some which may be their entire lifetime. I read that currently there are about 180,000 Iraq War veterans receiving some form of disability ranging from about $1400 annually for a 10 Rating disability to about $30,000/annually for 100 Disability with extra compensation for loss of limbs. Total Current costs about $29 billion annually. These costs will continue even after the war is over. Am I barking up the wrong tree here? Could someone explain to me how these two things aren't related? I would very much appreciate it as I have been scouring the net for an answer and I can't find one. Thank you very much. * On September 2003 George W. Bush admitted that there was no evidence linking Saddam/ Iraq to 9/11. What's up with that??

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Open Question: How do you keep the costs of your food shopping bills down?

I am currently doing A-Level Home Economics coursework on how the 'credit crunch' has changed peoples' spending habits, and how people have adapted to cope with the economic downturn. I would really appreciate any tips you have on how you are trying to save money on your food bills and how you have changed your eating and shopping habits since the recession started.

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Open Question: Asking for a pay rise?

I really need to do it as it's got to the point I am now so resentful & feel unappreciated. My last pay rise was over a year ago & it was only £500.00 more per year, I have been here 2yrs 4mths now so I think/know it's now time. I reckon my boss has been using psychology on me by all the recession excuses the business isn't taking as much as however many years ago etc those type of comments he will say every now & then. I don't care anymore I work hard I want a pay rise he's a dentist I see the takings.From the info ive given do you see my point!?,& What's the best way to go about asking for one. @koko your such a miserable hater Thanks to everyone eles's answers, yes I work hard in my job yes there is a recession so what everyone in a job must always be soo grateful bowing to our boss, that's unreal of course we do think like that at times but we are working & want to paid our worth. Also with the rate of inflation if you don't get a raise you are effectivly being paid less then a year ago & previous years. koko's blocked what a nasty person.

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Open Question: My political theory - when the scandalously rich get even richer during a recession?

The worlds richest have got even richer during the worlds worst recession 'ever'. Bill Gates added another GBP9bn, but still lost top spot to a mexican with £36bn net worth. Same in the UK, the Duke of Westminster added another £700million to his net wealth. It can't be fair can it that the very very rich take adavantage of a recession to get even richer whilst the average person gets poorer. Wealth, is akin to a form of energy, and like energy, it isn't created but is simply converted from one form to another and transferred form person to person. So if the wealthy have got wealthier, its almost certainly because others have got poorer. Doesn't this tell us that the increasingly pure and increasingly extreme capitalism, we have these days has a fundamental injustice that needs to be corrected? Doesn't this need to be changed before its too late? As the recession has shown, the longer we delay 'correcting' a natural injustice, the more extreme and painful the 'correction' will be when it comes and it will come! ps. I'm not a 'lefty' ! Thanks all for your points so far: But I'd like to respond: Marke B - wealth IS converted from one form to another eg. mineral in the ground converted to valuable raw material; and its transferred when person sells the land that another person uses to mine; Also if property has gone up, then wealth has transferred - the value are just numbers - but unless you have property that has gone up the same then value has transferred from you without property to someone with property - but no true wealth has been created - your property is as it was. Texan - you really dont understand - wealth is ultimately finite! and the free stock market is the worst and most blatent form of profiterring at the expense of others! Geooweg - like I said, I'm not a lefty - but a personal wealth increase of over GBP10bn for one person in one year - and you dont think that that is at the expense of someone else ??? shame you dont see that! Vivian - "well connected folks" who "work the market from any angle" - you just described unfair profiteering at the expense of others. There were people duing the war who did that too!!

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Open Question: UK person looking to get full time work in USA?

I'm currently working for the leading estate agency in Kent, and have been their top salesperson for a few months running. I joined the company in the recession and still made a lot of sales, so bad economic climates do not phase me. Something I would love to do is live in America (spent a broken year in NYC/FL), but am not sure how I would go about job hunting. Can anybody advise?

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Open Question: HI i'm looking for a college in London that has access courses in engineering?

Hi folks i was wondering if anyone knows any good (not scams) colleges in east London that have access courses? Here's my story. I left school at 16 and moved to Ireland from the UK when i was 19 and worked in construction for the last 8 years.Now the recession has really messed me up so i've decided to move to London before september to start a course.I wish to to civil engineering but im have trouble finding a reputable college that a i can trust who has access courses. There is almost too much information out there and its hard to tell the good from the bad If anyone out there has been through this or knows someone who has i would be very thankful for your advice or experiences in this situation

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Open Question: How has the recession affected you?

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Open Question: What caused the major economic recession in America?

Can you list the 3 biggest factors of the recession? And a side questionwhen one looks at a stock chartthe graph is not a straight line, rather a "spiked line". Why is that?

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Open Question: Why would anybody vote Republican after they created a great depression and stole trillions?

Between Jan 20 2001-2009 under Republican's leadership and policies of deregulation and a 15% tax rate for wealthy people: Dow Jones plunged 25% from to 10,587 to 7949 Gasoline tripled from 1.44 to 4.11 per gallon on July 11, 2008 Unemployment doubled from 4.2% to 8.2% National debt doubled from 5.7 trillion to 10.6 trillion Budget went from a 236 billion surplus to a 1.2 TRILLION deficit (a 1.4 trillion drop) Losing 700,000 jobs monthly Economy in total freefall (Republicans try to confuse people by saying democrats took over in Jan 2007 and started the recession, but they can not name one thing democrats did to hurt the economy. All experts state the housing crisis started in 2006 and all subprime loans had already been made under a republican congress and president) SOURCES: BUSH OVERSAW A DOW JONES THAT PLUNGED 25% OVER 8 YEARS (Source: http://finance.yahoo.com/q/hp?s=^DJI) GASOLINE TRIPLED UNDER BUSH ENERGY POLICY (Source: US Dept of Energy- Energy Information Administration) (http://tonto.eia.doe.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MG_RT_US&f=W) BUSH DOUBLED UNEMPLOYMENT FROM 4.2% TO 8.2% -----(Feb 2001-2009) (Source: US Dept of Labor - Bureau of Labor Statistics-) (http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?request_action=wh&graph_name=LN_cpsbref3) BUSH DOUBLED OUR DEBT FROM 5.7 TRILLION TO 10.6 TRILLION (Source: US Treasury Dept - Bureau of Public Debt - http://www.treasurydirect.gov/NP/BPDLogin?application=np) BUSH TURNED A 236 BILLION BUDGET SURPLUS INTO A 1.2 TRILLION DEFICIT (A 1.4 TRILLION DROP) (Source 1: CBO - Congressional Budget Office - Historical Budget data - Shows the 236 billion surplus in 2000) (http://cbo.gov/ftpdocs/108xx/doc10871/historicaltables.pdf) (Source 2: Congressional Budget Office - Annual budget and economic report and testimony before Congress on Jan 8, 2009) (Declares 1.2 trillion deficit for fiscal year 2009 ---2 weeks before obama takes office) (http://cbo.gov/ftpdocs/99xx/doc9958/01-08-Outlook_Testimony.pdf) (Please note: The fiscal year 2009 started Oct 1, 2008 under president bush. At that time, the 2009 deficit was projected at 600 billion. Then the banking crisis occured in Oct 2008 and bush started a 700 billion TARP bailout program which was added to the 600 billion deficit which left obama with a 1.2 Trillion deficit the day he took office according to the CBO)

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Open Question: I have some great ideas for some jewelry designs, but don't know where to start?

I was coming up with some great ideas for some jewelry designs (Mostly rings), and I'd like to start up a business that makes and sells my designs. I just have no idea how to start it up. I don't know how to get the items made, I don't know how I can finance the startup (It's the recession, I'm busted). How could I start up a business like that?

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Open Question: Has 9/11 made the recession better or worse?

Any prick who says it's 10 years ago and it has nothing to do with it can go suck their own knob

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Open Question: Do you still think that the economy is out of the recession?

unemployment has gone up in 30 states http://news.yahoo.com/s/ap/20100310/ap_on_bi_go_ec_fi/us_state_unemployment

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Open Question: What JOB did TRAGIK LOSE and WHY?

We are deeply sad to hear that the recession has hit TRAGIK what a tragedy :( So WHY did TRAGIK LOSE her JOB and WHY ?

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Open Question: the career of an architecture?

Hey, I'm from Malaysia. I'm taking a course in Game Design but now after thinking it through, I think, that an architect can earn more. And I would love to work in my country more than overseas.. Another factor is how tight would the schedule be? From learning until working? pleasesomeone, anyone with experience, enlighten me a bit? And how do architects get hired? Lecturers told the portfolio is most important, but some also say depends on where you graduated.. Finally, what about the recessions?

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Open Question: How to handle success?

My husband and I are happy healthy and financially secure. My in laws are not. They have been affected by the recession and live more like they are just starting out. They have told me they are miserable. So I feel guilty when we buy a car or a boat or take a trip. I am visiting them over the summer how do I stay classy without sounding like I am rubbing it in that we are able to enjoy our financial rewards. Also, we are not materialistic or buy excessive "toys". We give to charity and are pretty humble.

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Resolved Question: Should I travel or stay put?

The recession has hit my area very badly and I'm struggling to make ends meet on a three day week in a job I don't even like. Can't get other work, it's so difficult. I'm considering saving and travelling for a yearsomething I wouldn't do if my career was going well for me. But of course, if I travel for a year, there will be no job here when I get back. It's a bit of a catch 22. Be grateful for anyones opinions.

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Resolved Question: Would republican Americans /tea party patriots rather have needed bail out moneys go to BIG CORPS/BANKS?

or unemployment extensions and others needed social programs as the recession progresses and dollar starts to fall and as inflation starts to set in ? you know it racheal,i agree,,baron great answers ,keep in mind bail out moneys go to big corps and ceo,s.thats how BUSH set it up,,,Obama is just cleaning up the mess of BUSH,s 8 years of no regulation and tax breaks for the rich/ellitist.in a civiliezed world like America we need solcial programs to keep the country together.sometimes I think republicans forget that

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Open Question: How has the UK given aid to the banks / car industry?

How has the UK Government given aid to Banks and the Car Industry during the recession. What effects had this had, and is it a good or a bad thing?

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Resolved Question: What exactly started the recession/economic decline in the US?

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Open Question: Canada's Balance of Trade and Current Economic State?

Ok! Hi, I am currently analyzing Canada's current economic state and its impact on international trade http://www40.statcan.gc.ca/l01/cst01/gblec04-eng.htm

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Open Question: Is the recession getting better in Las Vegas?

I was just a little curious. Thanks so much for all your time and help.

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Resolved Question: What standard will the YA Cons accept as factual proof that the recession is over?

In the past I have posted several benchmarks that indicate the recession is overthese are just a few of the simpler figures. There are many more than can be extrapolated from these. Unemployment has dropped from a high of 10.1% for four straight months and is now at 9.7%. The stock market has grown by 37% since a low of 6600 in March of last year to a high of over 10500. This means that investors are coming back to the market, stronger than they ever did during the previous eight years. Even with the peak at 14093 the Bush administration only saw a 24% increase in the market. And, the GDP has shown positive growth for two quarters. This is the strongest indicator as the rule of thumb for a recession is two quarters of negative growth. So now that two quarters of positive growth has taken place shouldn't the recession be over? So what quantifiable economic indicator are the YA Cons willing to use as a benchmark? If you use words like "bubble" in your denial, please explain exactly how you think the bubble applies to the current economy. If you use words like "socialist" in your denial, please explain exactly how a growth in the GDP and the stock market reflects a socialist ideology. If you come on here to insult and not engage intelligently please refrain, no one, especially me, will pay any attention to your juvenile ramblings.

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Open Question: From 2001 what did the GOP do concerning health care? What did they do to prevent the recession from occurring?

GOP and Bush was in power from 2001 - 2007. Why did they not address the health care system? Why did they not try to prevent the current recession vs claiming the economy was "booming" and not in any danger? What did they do about US debt during their six years in control? "were in power" (above)

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Open Question: After the recession will you continue shopping at discount stores?

Will you continue to shop or go back to old habits? or will you get necessities at discount stores still and other products wherever? anyone seen any consumer surveys which answer this question?

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Resolved Question: Why cant any Democrats answer this question?

Do Democrats realize GDP computes government spending into the equation? Y = C + I + E + G where Y = GDP C = Consumer Spending I = Investment made by industry E = Excess of Exports over Imports G = Government Spending Y (up) = C (down) + I (down) + E (down) + G (up) So why do they think the growth in GDP is an indicator we are coming out of the recession when the only thing that has changed this number is the amount the government is currently spending? And just to clear the record, yes Bush sucked, its all Bush's fault, the Reps are the party of no, etc., etc. Hopefully this time I'll actually get some intelligent answers aside from those just listed lol wooper - all I posted was the economic calculation of GDP, something you can find in any econ book and yes even the internet, the only input of mine I put in was the current condition of exports, investments, consumer spending, and govt spending and whether they have gone up or down. The rest of you, refer back to the clear the record statement lol Damn, none of you can really answer this can you?

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Resolved Question: If the World Trade Center wasn't attacked on 9/11.recession?

If the World Trade Center wasn't attacked on 9/11, do you think the recession would turn the World Trade Center into a ghost town?

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Open Question: Should I quit my job because I have no private life?

I started a permanent job 5 months ago and I am thinking of leaving. I have always been a contractor or unemployed in the past and I find it hard. Hard because there is no end and also because I got used to my unemployed mindset (unemployment between contracts) where I had long holidays… I am not a lazy person but have made the wrong choices in my life because of a lack of objectives, I guess. Besides, I have problems with one of the managers and 4 other employees sent negative feedback for my end-year review – I did not sign this document yet because I disagree. It is a mid-level career job. Time spent on travel (4 to 5h a day to come to work-both ways) is starting to take its toll and I hardly have a private life. Weekends are spent relaxing/recovering. I come home at 8:30pm every day. During the last 2 weeks, I felt stressed because of the situation with the manager (the management structure is unusual in this company as many managers can manage you!) and also because I am scared about my future with this company. I am 35. This is mainly due to the feedback I received from colleagues , the travel which is affecting my work, and the frustration when I see people younger than me having more than 10 yrs of service in this company and they have a life. The only reason why I joined this company is because of the recession. I am also scared because I have no friends and family in this country and I need to go abroad to see them. I only have 22 days a year holidays. I came in this country 2 yrs ago because I hate my home country (Italy). My parents are getting old too and there are responsibilities back home. I have a brother with a disability and I am the legal carer/administrator. At the moment, employees around me noticed that I have difficulties with the job and with the manager I work with. A few of them are taking advantage of my situation by making me feel bad, using offensive words… I don’t know what to do I am taking some holidays next week to rest and forget Thanks for your advice. Louisa

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Open Question: What are the good and bad things that happened last year for the US?

The bad obviously the recession, bigger government, inflation, China owning us more, millions of jobs gone and bigger debt. The good being people are saving more(those who are able to), recycling is up, Kraft bought Cadbury(finally an American company bought a foreign company), many illegal aliens left. Stocks went up a little That's all I can think of.

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Open Question: Is it true that if you work longer than 10 hours the company has to buy you dinner?

I've always heard about this while working in public accounting which involves a lot of unpaid overtime, does this really apply, or was this just a tradition/privilege that's been cut off since the recession started?

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Resolved Question: Where were you when the recession started on January 20, 2009?

I don't know about you, but I was enjoying a Caribbean vacation using the extra money I had from the generous Bush tax cut, after paying down my mortgage on my house, which was increasing in value by 20% every year, and selling a few stocks at record-high prices. Times were sure perfect then, weren't they? Too bad Obama came along and ruined everything. We had no economic problems at ALL until he took office.

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Open Question: With the recession hitting hard in the UK, will students loans be available for students?

With all these cut talks are student loans in danger? Because if NHS and front line services aren't protected in real terms are student loans going to be available for students with family earnings between £30000-£50000?? Thanks.

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Open Question: How can i word my cv for a career change into accounts with limited experience?

i have decided that i want a career change, i am currently an admin office and i have decided that i want to train to be an accountant. I have already decided that i will do a sage line 50 and book keeping course to kick start my CV. Then progress on to acca and will take this route, i have decided that accounts assistant job roles are currently best suited for me and work my self up this way. The trouble i am having is that with the recession there are many more skilled pple in this line of work also applying for the same jobs. How can i word my CV to make it sound or look better i don't have any accounts experience at the moment. Thanks

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Resolved Question: So is being a lawyer or attorney really worth it?

I have heard online that the field of law is dying and people are getting laid off left to right. The lawyers I have met have told me that it is a tough life for a lawyer and many have little time for family. They tell me that even after you finish law school, you have to work insanely long hours at a law firm and the legal profession has been hit hard by the recession. So I decided that I will stick with biomedical engineering (currently a second year college student with a 3.8 GPA) and go to med school. I think I can handle it and I have the work ethic for it, from there I plan on getting an MBA later on in life. I am only 19 so maybe my view is a bit skewed but after what I have heard, I don't think the legal profession may be worth it. Anyways, is it worth it, being a lawyer or attorney? *currently I am a student at an Ivy League institution

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Resolved Question: Should you be financially stable before getting married?

My fiancee would like to get married this summer and says she doesnt need the big fancy wedding. However think we should wait as we havent got much money saved up yet and I am worried our jobs are not secure due to the recession here in the UK. What are your opinions? Would you be happy having a small civil ceremony or not? thanks in advance guys Shenique you bint!

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Open Question: Liberals are you upset at Obama and the democrats.?

I am upset at Obama and the democrats for focusing on healthcare instead of the economy. While I am a LIBERAL and believe in Universal care, I believe that it would have been better to focus on healthcare after the recession was over. I am mad at Obama for not fighting back more against the republican claims to be the primary party in reference to national security as it was them who screwed up the war in Aghanistan by sending many troops there to Iraq I am upset at them for not putting up a real fight for the public option. Obama and his cronies seem like they are only putting up a half fight for it, as it was them who put that trigger idea crap.

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Open Question: What party does my vote fit?

First time voter btw I want a party that will keep us a part of the EU but not give too much power to the EU. I want a good leader I can't see David Cameron being very good on the world stage or lib dems as I can't see being ready for the amount of power that it would bring to them. Gordon Brown does a reasonable job in this area I think. I aslo want a government that will get us out of the recession but not by cutting down on too many jobs in the public sector. What party do you think I should vote for?

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Open Question: Help please not very hard problem?

Suppose the goods market in a closed economy is described by the following functions: C = $100 + 0.75 (Y – T); I = $70 – 4 r (where r is measured in percent points); G = $60; T (lump-sum) = $60, r = 5%. In order to cure the recession government decides to increase government spending by $10 and finance it by borrowing from the public. What would happen to the interest rate? Explain and show the change on the graphs of the money market in the (r – M/P) space and of the loanable funds market in the (r - F) space. (a)What will be the effect of this change in government spending on the amount of investment spending and on the level of aggregate output, if: (i)interest rate does not change and stays equal to 5%; (ii)interest rate rises to 7%;

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Resolved Question: Spiritually Speaking?

is the recession hitting EVERYone hard lately? http://failblog.org/2010/03/07/lease-fail/

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Open Question: UK Employment: If a fixed term contract is not going to be renewed does notice have to be given?

I'm on a fixed term six monthly contract which is up at the end of March - its been renewed twice before although as I'm now pregnant, if they renewed my contract now I wouldn't be able to work out the full six months as my baby is due in mid September. I've been with the Company since January 2008, first on a temporary and then a fixed term contract basis. They froze all permanent recruitment last year (due to the recession) and have just been renewing the contracts of those who are on FTC for six months at a time. I'm just wondering if any notice period needs to be given if they are NOT going to renew - I've spoken to HR this morning and they couldn't really tell me anything, so what does employment law say on this (if anything)? UK only please. If no notice period is required would it be customary to inform the employee a couple of weeks in advance just out of courtesy and so they can look for another job?

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Resolved Question: What is Japanese Bubble economy?

As far as I know, it is the recession. at first time, the economy was very good, very easy to get job, sells were good, many companies developed, however, the problem is the economy was very good because many consumers and companies did lots of loans and they spend money too much on buying homes and industries. After all they can not pay back those money. The economy decline. Can you make this more clear? and tell me more about it?

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Voting Question: at home hair bleaching. help?

i tried bleaching my hair myself ones before and my roots turned out perfect( my hair was dyed lot but my natural had grown out some) but the rest was kind orange. what can i do to make sure it all comes out at least one color? preferably blonde. i am not going to wait for my natural hair to grow out the rest of the way. also after the bleach fiasco i dyed my hair back to brown, it was light except for my bangs which more dark than the rest. i just recently dyed it again and the bangs are still noticably darker than the rest please help me. oh and i cant go to a professional salon, wth the recession and all please any tips

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Open Question: Why do people adopt political views based on wishful thinking rather than logic?

I have noticed that there are a large number of people who tend to base their beliefs on what they wish were true rather than what actually is true. This is particularly common in people's views on economic issues. A classic example of a policy based upon wishful thinking is the minimum wage. The minimum wage is a law which outlaws all jobs that pay between 1 cent and the minimum wage (jobs that pay $0.00 are called "volunteering" and are usually glorified by the same politicians who support minimum wage laws). The result of a minimum wage law is unemployment among low-skilled workers (who are usually young). One major reason why the unemployment rate among the young is so high today is because the Democratic Party raised the minimum wage back in 2007 (although, of course, the Depression is partly responsible for the rise in unemployment). The minimum wage harms the people it is claimed to help. Who benefits from the minimum wage? Labor unions, as employers choose to hire union labor rather than unskilled labor due to the high minimum wage (the labor union bosses know exactly what they are doing when they call for higher minimum wages). When the minimum wage is increased, unemployment among the young and the unskilled is higher than it would have otherwise been (if other factors change, unemployment may decrease or stay the same, but it would have been lower if the minimum wage had stayed the same or decreased). Another example of a delusional economic view is the idea that expanding the amount of money in existence is good for the economy. Due to the law of supply and demand, when the amount of money is expanded, prices are higher than they would have otherwise been. Furthermore, this is not neutral to the market, as the people who get the money first will get it before it loses its purchasing power. As a result, when the Fed runs the printing press, it is taxing the American people by stealth and enriching those who are connected to the government (big banks, defense contractors, politicians etc.) at the expense of the people as a whole. When the new money finds its way to the banks, the banks will give out more loans (which means that they will loan to people who would not have otherwise gotten a loan). The people who take out these loans will invest the money, creating a bubble. The bubble will eventually burst, once the market recognizes that the investments are bad investments and the economy will go into a recession. If politicians let it run its course, the recession will be over in about a year. If not, it lingers, becoming a depression, while the government runs up massive amounts of debt further sabotaging the economy (eventually, the government must either stop or it will bring about a debt crisis, if it inflates out of the debt crisis, it will bring about a currency crisis). Another example of wishful thinking is with the Democratic Party's "reform" of health insurance. They start by banning "discrimination" based on pre-existing conditions, which forces people who don't have a pre-existing condition to subsidize health insurance for those who do. Then, the Democratic Party proposes to force everybody to purchase health insurance. This will force the young (who don't have much money to begin with) to subsidize health care for their spendthrift Baby Boomer parents (as if the Baby Boomer generation hasn't voted themselves enough welfare benefits at the expense of their children yet). ObamaCare is basically a massive scheme to steal from the young and the healthy to subsidize the middle-aged and the unhealthy (not to mention a bunch of hypochondriacs). The Democrats are actually trying to sell this as a way to reduce health care costs when anybody who understands basic economics would recognize that it will drastically increase health care costs as a whole. What will it take for people to learn that they cannot get something for nothing? What will it take for them to learn that their "need," no matter how great, does not entitle them to the property of other people?

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Open Question: How to become a chip architect at a company like intel?

Ok, here is the deal i'm an RCG(recent college graduate) I would very much like to end up a chip-architect in a company like Intel. What is the road-map to reach this point. 1) Currently i'm a total newbie, so what is the best entry level job-role for a newbie in a company like Intel. What is it, what skills do i need. 2) My background is MS in EE, area of study VLSI, Multi-processor programming(CUDA stuff) C/C++(it was an interesting hobby).., SystemC,VHDL/VERILOG. 3) One HUGE disadvantage no real world experience. Well i'm part of the recession generation(2008-2009).., there were no internships when i tried. 4) Also every role i apply to requires PERL, wats PERL anywayz. I love working for intel why?? its one of the shrewdest companies that is gonna takeoer every aspect of a persons life, look at intel Atom Ce 4100 coming out. They are almost everywhere and who can forget Gordon Moore. So i dont think i'll be happy until i join Intel, sounds stupid to you(not to me), any advice to go about this would be great. Hmmm i go to jobs at intel almost daily. But i really need to know, what are the entry level skills i need. ok someone told me to mention my degree. Masters in Electrical Engineering. Bachelors in Electrical and Computer Engineering E thanks for your suggestion. I guess your right. If no one else replies, i guess i'll choose yours as the best answer. I thought some people in the industry might offer some guidance. Guess they are all busy holding on to their jobs now to notice a whelp like me :)

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Voting Question: How do most Canadians feel about Stephen Harper's new proposed budget?

I heard on CBC that in the House of Commons there was incredible disagreement on the latest proposed budget. Jack Layton (NDP Party) immediately voiced opposition in that the budget is not helping the Canadians who are being hit the most by the recession. And that the budget gives money to the Canadian banks that have already demonstrated a doubling in profits. For the Liberal Party, Ignetieff and Dion both strongly oppose the budget plan as well. The only fundamental difference between the Liberal Party and the NDP party is that the Liberal Party wants to go about change without another Federal Election. Where do most Canadians stand on Harper's budget proposals in the House in Ottawa?

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Open Question: Do you believe there will be mass violence around the world because of the recession?

Money = happiness = not being violent. Lacking money = anger = being violent. I mean it's true; if you are rich enough nothing means anything any more. You are poor you are 100% going to be depressed, sad, angry and so on. Really, how many homeless people do you see that are happy - that are not crazy? None. Rich people: all smiles. I see it in the streets: people getting angry at one another, for no good reason. I'm not talking about the regular @-h0le$. I'm talking about ALL people. People that would be otherwise nice. I see fights wherever I go; verbal, physical, you name it. Places where people would be nice now are filled with fights. Is this going to result in a world wide fight of epic proportions?

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