Tuesday, August 6, 2019

Drug Testing Welfare Recipients -- Article Analysis Essay Example for Free

Drug Testing Welfare Recipients Article Analysis Essay Jonathon Walters author of â€Å"Should Welfare Recipients be Drug Tested?† published an article on March 13, 2012 for Governing: The State and Localities that provided readers with several points of interest when discussing drug testing welfare recipients. Walters states in his article â€Å"According to the National Conference of State Legislatures, almost two dozen states are considering bills that require drug testing those either applying for or receiving public benefits, a policy that has been cut down in the courts before because the Fourth Amendment grants that every individual be secure in their persons, houses, papers and effects against unreasonable searches and seizures. (Should Welfare Recipients be Drug Tested? para 1.) This paragraph explains that states are having difficulty passing this bill because the government feels that it violates American’s 4th amendment. Walters brings up arguments from both a favoring side and an opposing side. Favoring sides would not want to give someone government benefits if they are using the benefits to support a drug habit and could save the government money by denying applicants. The opposing side feels that drug testing would come to a great expense to the government and rather than drug testing an individual who needs help because of their drug addiction other programs such as rehab would save money to local, state and federal governments. The author feels that both are good arguments. To further continue on the opposing side of drug testing welfare recipients; Walters explains that â€Å"Drug testing is expensive. Tests cost anywhere from $35 to $75 to administer, according to the liberal-leaning Center for Law and Public Policy. By their math, it would cost anywhere from $20,000 to $77,000 to catch one drug abuser.† (Should Welfare Recipients be Drug Tested? para. 4). On the favoring side legislators have a different calculation and use evidence that biometric screenings such as finger printing lower numbers of participation among welfare recipients. States that do not participate in finger printing have more people applying for welfare. Walters feels that this would be a â€Å"cynical† way of lowering costs. Opposing sides also feel by isolating those who are at risk, for example ex-felons may lead them down a wrong path again because applying for welfare is much harder, therefore, costing the government more money by putting them back in jail and providing them with treatment. Walters asks how will the government determine who receives welfare and how do we make sure that the wrong person doesn’t receive it? Technology will help determine that mistakes won’t be made. â€Å"The public, in general, supports providing help to those who really need it. In that regard, states and localities are developing much more precise tools mostly thanks to improved information technology to ensure that only those who qualify for benefits receive them (and, not incidentally, to ensure that those providing services arent gaming the system).† (Should Welfare Recipients be Drug Tested? para. 8). Overall, Jonathon Walters remains neutral throughout the article and provides detailed rebuttals for both opposing and favoring sides. He agreed that both sides had good arguments and in the end it would be up to America in the long run to decide what is best for its people. References Walterss, J. (2012, March 13) Should Welfare Recipients Be Drug Tested? Governing: The States and Localities. Retrieved from: http://www.governing.com/topics/health-human-services/testing-welfare-recipients-drugs.html

Monday, August 5, 2019

Stakeholder Analysis

Stakeholder Analysis 1. Briefly describe the seven steps of stakeholder analysis A. map stakeholder relationship Before the stakeholder relationship has been made, there are some questions that will be asked for analysis and identifying major stakeholder. The stakeholder to be selected must knowledgeable, current and close to the source of the issue at hand. The stakeholder analysis is only as valid and reliable as the sources and the processes use to obtain the information. For example, if the Mattel’s recalls, you would place the Mattel Inc. in the centre stakeholder box and then continue identifying the other groups involved with that issue. B. map stakeholder coalitions After identify and make a map of the stakeholders who is going to involved in the firm in the incident addressed, this step is to determine and map any coalitions that have formed. The coalition among the stakeholder is important. Interest groups and lobbyists sometimes join force against a common ‘enemy’. If the numbers of the advantages is seeing by, the competitor may join force. Mapping actual and potential coalitions around issues can help the CEO anticipate and design strategic responses toward these groups before or after they form. C. assess the nature of each stakeholders interest There are four types of stakeholders the CEO may face in the company. That is supportive, non-supportive, mixed blessing and marginal. The supportive and the non-supportive will against the CEO. While the mixed blessing and the marginal, the CEO are less sure for their support for the strategy. The opening example like Mattel, if you are the CEO, along with his staff, you might determine that the support of Mattel would be many. Non-supportive stakeholders or those who may include some shareholders and their lawyers, the Chinese government, members of the U.S. government, the victims and their families, consumers, competitors and the media. The interest of these stakeholders is varying. By systematically, completing this audit, as a CEO in facing the crisis, it can create a broader or more objective picture in the situation faced. D. assess the nature of each stakeholders power There are eight types of power that different stakeholders exert, first, voting power, the ability of stakeholders to exert control through strength in numbers. Second, political power where the ability to influence decision making processes and agendas of republic and private organizations and institutions. The third is economic power, which the ability to influence by control over resources either monetary or physical. Forth, the technological power where the ability to influence innovations and decisions through uses of technology. The fifth is the legal power by the ability to influence laws, policies and procedure. The sixth is the environment power, where the ability to impact the nature. The seventh is the culture power, the ability to influence values, norms and habit of people and organizations and the last one is the power over individuals and groups. This is the ability to influence particular, targeted persons and groups through different forms persuasions. For instances, the Mattel suggests that shareholders, number of congress and individual constituent have voting power over the Mattel policies and officers jobs and responsibilities. In that case, the Chinese contractors and government representatives the economy power over the Mattel expenses and profit. While the U.S. government also use the political power for the Mattel’s operating and manufacturing polices and the process. E. construct a matrix of stakeholder moral responsibilities This step is to determine the responsibilities and moral obligations for company have to each stakeholder. A matrix of stakeholder has their own responsibilities. For example, the Mattel’s CEO may see the firm’s economic responsibility to the owner to preventing as many costly lawsuits as possible. Legally, the CEO may want to protect the owners and the executive team from liability and damage. This would entail proactively negotiating disputes outside the courts. Ethically, the CEO may keep the company’s stockholders and owners current regarding his or her ethical thinking and strategies to show responsibility toward all stakeholders. To complete the matrix in this stage, the ethical principles can be referring to follow as: utilitarianism (weighing costs and benefits), universalism (showing respect and concern for human beings), rights (recognizing individual liberties and privileges under laws and constitutions), justice (observing the distribution of burdens and benefits of all concerned). In this stage, the CEO might advise shareholders to show responsibility by publicly announcing their plans for resolving the problem. F. develop specific strategic and tactics After get the result from the preceding steps, it can continue to outline specific strategies and tactics that wish to use with each stakeholder. Firstly, a CEO should consider whether to approach each stakeholder directly or indirectly. Secondly, need to decide whether to do nothing, monitor, or take an offensive or defensive position. Third is determine whether to accommodate negotiate, manipulate, resist, avoid or ‘wait and see’. Finally, the CEO can decide what combination of strategies those want to comply to achieve the goal. G. monitor shifting coalitions In this stage, the time and the event can change the stakes and the stakeholders and their strategic. Tracking external trends and events and the resultant stakeholder strategies can help CEO and his or her team act and react accordingly. This dynamics process that occurs over time and is affected by the strategic and action that a CEO and the team direct with each stakeholder group as events occur. Decisions of a CEO are influenced by how effective the stakeholders respond and the CEO team strategic and action. A CEO would typically follow the utilitarian ethic of weighing costs and benefits of all your strategies and actions toward each major stakeholder group. If the CEO neglecting the public, the company ‘bottom line’ can be affect. By following the Mattel case, when you see the child who is harmed or may be at risk, you might have attempted to take care of each child. You may recall the manufacture at China, then plan meeting with the person in charged and pay a vis it to the victim families to show the concern about the case and to protect the company image and reputation going forward. 2. Explain the diagnostic typology of organizational stakeholders The diagnostic typology of organizational stakeholders can be separate into two classes and four types. For the classes, the low class is the supportive and the marginal while the high class is mixed blessing and non-supportive. The diagnostic typology of organizational stakeholders shows two dimensions, that is potential for treat and potential for cooperation. The type one is the ideal strategic for the focus corporation. Type 1 is the supportive stakeholder with a low potential for threat and high potential for cooperation. Here the strategy of the focus company is to involve the supportive stakeholder. In contrast, the is a non-supportive stakeholder who show the high supportive for threat and a low potential for cooperation. The type four stakeholders is mixed blessing. The mixed blessing is with a high potential for threat and cooperation. In this situation, the stakeholder could become the supportive or non-supportive. And the last one is the type two, the marginal stakeholder . This stakeholder has a low potential for both threat and cooperation. This kind of stakeholder may not be interested in the issue of concern. 3. Discuss the 7-phase issue development process using an example Seven phase issue development process are felt need, media coverage, interest group development and growth, leading political jurisdictions, federal government attention, legislation and regulation and litigation. The first is a felt need arises; this is for emerging events, advocacy groups. The second is media coverage. The media coverage is developing such as the television segment like news, internet, or the newspaper and other news and blogging sources. The third is the interest development gains momentum and grows. The fourth is the policies. These policies are adopted by leading political jurisdictions for cities, states and country. The federal government gives the attention to the issue occurred. The federal government have the responsible to hearing and the studies for the cases. The sixth is the issues and policies evolve into the legislation and regulation and the last one is issues and policies enter litigation. In the Mattel’s company, the CEO and the top level te am is use this framework to anticipate and prevent the recalls and also respond to the public about the cases. The Mattel toy recalls and its partnership with the Chinese contractors and subcontractors the outsourcing debate in general is related to the topic to analyse by using the second issue frame work that is media coverage. There is an article which is written by Christopher Clott’s with the title â€Å"Perspectives on Global Outsourcing and the Changing Nature of Work†. This article provided the excellent background information. These seven steps are useful in identifying and following the public issues like the Mattel’s Inc. faced. 4. Describe the 4-stage issue life cycle approach There are four stages in life cycle, which is social expectation, political issues, legislation and social control. The first step is social expectation and the awareness. In this process, it is about the social discussion and debate. The societal awareness is low at first and approached the highest at stage there that is legislative engagement and decrease when it reaches the stage four. The social awareness is like the emerging the events, advocacy books and so on. In the event, they will discuss about the problem occurred and debate about the problem. The interest group will pay the attention if the problem is related to them. The second of the stage of life cycle is the political awareness. The political awareness involved the media attention and the hearing is held. In this stage, is include the incorporate of the media coverage available in the country, the interest group development and growth and the leading political jurisdictions adopt policies. The third phase is the legis lative engagements which are law passed, legal involvement and regulations enacted. And the last stage is social control and litigation. This are include the compliance issues, legal conflict and court rulings. 5. Identify and explain the 4-stage approach to crisis management Crisis management is a method that to study how corporation and leaders respond to the crisis faced. By using this method, it is essential for understanding and possibly preventing the future fiascos because crises is continue to occur year by year. There are the four stages for crisis management. That is prodramal, acute, chronic and conflict resolution. The prodromal or pre-crisis is also known as the warning stage. The second stage still can proceed although this stage is not recognized or does not actually occur, but is requiring the damage control. For the example, Mattel experienced several recalls with its Chinese subcontractors. First recall is given by sending a warning sign that issues existed. Represented from the Mattel let the subcontractor takes blame at first. In the second stage, acute crisis which mean the damage has been done. This stage is use to control the damage as much as possible. This is the short stage among the four stages. In 2005, a toddler died from inge sting a magnet from a Mattel toy that was manufactured in China. Since there is no laws governing this type of incident, Mattel had not considered the risk faced. The third stage is the chronic crisis. The chronic crisis is also mean clean up stage. This is a period of recovery, self-analysis, self-doubt and healing. In this process, the congressional investigations, audits and interviews occurred. The final stage is crisis resolution. This stage is the goal of crisis management. In this stage, it is about what is the best solution for the problem occurred.

Sunday, August 4, 2019

The Spanish American War :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Most may think that the Spanish-American War was a war between the Americans and the Spanish. Most are right, but only to a point, because the Spanish-American War also included wars between the Americans and the Filipinos, as well as between the Americans and Puerto-Ricans. Reasons for these wars occurring are obvious to the history connoisseur, but to the normal individual, they may not be so distinct.   Ã‚  Ã‚  Ã‚  Ã‚  America has been a country of great power for years, and that power has come not only from years of hard work and fighting, but also from years of audacity. About one hundred fifty years ago, the United States began sending armed forces to foreign countries in an effort to attain each individual country’s opulent resources. This commanding attitude taken by the United States government spread into the American people as well, with corporate giants such as Rockefeller and Morgan, who controlled large parts of American business with monopolies over the railroads and oil industry. Events such as the Spanish﷓American War and interference in the Philippines marked the indisputable beginning of American imperialism. Invasions such as these propelled United States capitalist expansion and produced the ideas of economic expansion in government as well as in homes.   Ã‚  Ã‚  Ã‚  Ã‚  The Philippines played a larger part in the Spanish-American War than most may like to believe. The Philippine-American War as it could be called is forgotten to most everyone in all of United States Military history. The events that occurred in the Philippines could be mildly compared to the events that occurred nearly seventy years later in Vietnam. The reasons for the war occurring at all are directly related to the Filipino’s attempts to gain independence from Spain. Lead by Emilio Aguinaldo, the Filipino people fought for one year for independence from Spain with a shortage of weapons, ammunition and food. A treaty with the Spanish Authorities was forced in 1897, and Aguinaldo and his government were forced into exile with payment of four hundred thousand pesos. American Consuls residing in many Asian countries, as well as Hong Kong, where Aguinaldo was exiled to, agreed with Aguinaldo to give the Philippines independence, as long as they helped the Un ited States defeat the Spanish. Commodore George Dewey of the United States Navy was to lead Aguinaldo back to the Philippines. He only brought Aguinaldo back to Luzon, the northern-most island of the Philippines. Dewey continued to refuse to support Aguinaldo now though, and Aguinaldo once again controlled the Philippines, which was still under attack by Spanish forces.

The Role of Autonomy and Responsibility Held by the Bourgeoisie during

The Role of Autonomy and Responsibility Held by the Bourgeoisie during the Industrial Revolution During the Industrial Revolution the population was broken up into two classes; the minority was the rich, industrial middle class, the bourgeoisie, and the majority was the poor working class, the proletariat. The bourgeoisie believed in their rights to gain wealth and preserve individuality and in their duty to maintain these rights, which in turn determined the harsh laboring and living conditions of the working class. The indignities forced upon the lower class also caused movements that challenged the bourgeoisie to alter their beliefs. These included the creation of Communism, the Christian Socialist Movement, utopian models, and other theoretic views. The demands for social reforms from these movements along with the demands from the proletariat and other influential members of society, forced the bourgeoisie to modify their views to include moral justifications for their actions. Classical economists invented these justifications. They claimed that low wages were necessary to ensure survival, that the proletariat took advantage of the bourgeosie members, and finally that the proletariat members were responsible for their poor state. The bourgeoisie maintained their rich lifestyle only through their exploitation of the lower class, the proletariat. This exploitation included poor working conditions, child labor, long hours, and low wages. The industrial bourgeoisie established factories in order to produce the most efficient products at the least expensive cost. These factories, especially mines, were extremely dangerous. Three hundred forty-nine deaths occurred just in the mines of England in 18... ... 4 Rogers 149. 5 Rogers 136. 6 Rogers 146. 7 Rogers 139. 8 Rogers 136. 9 Seed, John. "Capital and Class Formation in Early Industrial England" Social History v. 18 1993 p. 17-30. 10 Rogers 135. 11 Rogers 144. 12 Rogers 145. Bibliography - Rogers, Perry M. Aspects of Western Civilization: Problems and Sources in History Third Edition (Upper Saddle NJ: Prentice Hall, 1996), 138. - Seed, John. "Capital and Class Formation in Early Industrial England" Social History v.18 1993 p.17-30. This article provided a synopsis of T Koditschek's Class Formation and Urban Industrial Society: Bradford 1750-1850. It showed the roles autonomy and responsibility played in the industrialists' influence of the economic, political, and social spheres during this period and illustrated the class antagonism between capital and labor.

Saturday, August 3, 2019

Catcher In The Rye Essay -- essays research papers

Innocence, Compassion, and some ‘Crazy’ Cliff A novel, which has gained literary recognition worldwide, scrutiny to the point of censorship and has established a following among adolescents, The Catcher in the Rye is in its entirety a unique connotation of the preservation of innocence and the pursuit of compassion. With certain elegance the writer J.D. Salinger, substantiates the growth and perils, which lie between childhood and adulthood. Embellishing the differentiation between innocence and squalor in the grasps of society. The bridge that lies between these contrasting themes are personified through the novel’s protagonist, Holden Caul-field and his visualization of a cliff, which depicts a dividing point between the evident beginning and end. The connection, which binds this gap in reality, was made clear through a new found compassion, consummating Holden’s place in society through the realization of his surroundings from which he successfully cross es over. Focusing on the rebellious and confused actuality of adolescents stuck between the innocence of childhood and the corruptness of the adult world, this novel strikes a cord, which most adolescents can relate. The essence of the story The Catcher in the Rye follows the forty-eight hour escapade of sixteen-year-old Holden Caulfield, told through first person narration. After his expulsion from Pency, a fashionable prep school, the lat-est in a long line of expulsions, Holden has a few confrontations with his fellow students and leaves shortly after to return to his hometown, New York City. In the heart of New York City, Holden spends the following two days hiding out to rest before confronting his parents with the news. During his adventures in the city he tries to renew some old acquaintances, find his significance in the adult world, and come to grips with the head-aches he has been having lately. Eventually, Holden sneaks home to visit his sister Phoebe, because alone on th e streets he feels as if he has no where else to turn. Children are the only people with whom Holden can communicate with throughout the novel, not because they can help him with his growing pains but because they remind him of a simpler time (his inno-cence), which he wishes he could return. The trials of the adult world wear down Holden’s vision of a place in society, portraying innocence as a form of retreat from a confusin... ..., Salin-ger began publishing again and featured his stories in the Saturday Evening Post and Collier’s. By 1951, Salinger has established his reputation exclusively in The New Yorker and the popularity of his work was emerging among college students. And so, he re-leased The Catcher in the Rye, after working on and off on it for ten years. Although it was not an immediate hit it did give Salinger an increasing critical praise and respect. Eventually, as critical acclaim grew, the letters, autograph seekers, and interview-ers began hunting him down and so he became annoyed and moved to Cornish, New Hampshire, where he has lived ever since. While secluding himself from the rest of the world Salinger began work on Nine Stories, which includes a number of published short stories and introduces the Glass family, the central figures of his later works. Nine Sto-ries was published in 1953, after which Salinger published four lengthy short stories about the problems of the extreme ly bright and overly sensitive children of the Glass family. The books in this short story collection include Franny and Zooey (1961), and Raise High the Roof Beam, Carpenters and Seymour: An Introduction (1963).

Friday, August 2, 2019

Articles and Essays Essay

Today’s teenagers seem to have more time and less responsibility and supervision than the last generation’s. It’s quite common to see teens â€Å"hanging out† at shopping centers, fast food restaurants or where ever they can get together to socialize. Usually, they just have fun and enjoy themselves, but sometimes problems occur. Teenagers who are bored and looking for something to do are likely to get into trouble and become involved in unhealthy, inappropriate or illegal activities. The increased number of unoccupied and unsupervised teens in may be related to the loss of many family farms and business and to the increase in single parent families. Many teens in the last generation were expected to share the responsibility and work of a family farm or business. They were supervised, learned important skills and didn’t have time to get into mischief. Today, most parents work away from the family, and teens are left to occupy themselves . Also, single parents and parents who are both working are often unable to adequately supervise their teenager’s activities. Teens need free time to spend with friends, relax and have fun. They need to learn how to find appropriate, healthy activities and entertainment. Free time can teach them important skills they will need as adults. Unfortunately, too much free time can cause problems. Not all teenagers are able to find appropriate, healthy activities and entertainment for themselves when they are not occupied and supervised. Following are some things parents can do to help teens learn to be responsible, have fun and stay out of trouble. †¢Set specific rules about family expectations, such as time to be home, chores and responsibilities, etc. Allow teens to help make decisions about rules and consequences. †¢Give younger teens specific responsibilities and chores. offer opportunities to earn extra privileges or money for doing extra chores. Allow teens to spend money they earn on things they want. †¢Encourage older teens to get a part time job. Jobs provide and opportunity to meet people, learn new skills and earn extra money. †¢Talk with older teens and encourage them to think about their goals and what they would like to be doing when they are adults. Help them plan activities working toward their goals. †¢Know where teens will be. Call and check occasionally, or ask them to check in periodically. If they are at home, ask a family member, neighbor or friend to stop by if possible. †¢Encourage teens to become involved in community programs, recreational activities and special events that they are interested in. Check into activities available in the community, such as scouting, softball, YMCA, camps, church activities, clubs, etc.

Thursday, August 1, 2019

Foreign exchange Essay

As mentioned above, there was a significantly high supply of money in the United States, which characteristically led to depreciation of the United States dollar. In addition, the period was characterized by a high rate of inflation, implying that considerably larger sums of money would be used in buying commodities that would have been bought inexpensively in the earlier period (Atkinson and Hutto). On the international scale, the high cost of United States commodities meant that importers had to pay lots of money to acquire the goods, which ultimately lowered the level of international trade between the United States and other countries (Table 3). Consequently, the United States dollar fluctuated against other world currencies such as the Japanese yen, the Sterling Pound, Chinese yuan and the Australian dollar (Atkinson and Hutto). For instance, the Sterling Pound exchanged at between $1. 9548 and $2. 0442 in 2007 (Table 3), which was a very large variation. period Australia (dollar) Canada (dollar) China, P. R.(yuan) EMU Members (euro) Japan (yen) Mexico (peso) South Korea (won) Sweden (krona) Switzerland (franc) United Kingdom (pound) 2000. .5815 1. 4855 8. 2784 . 9232 107. 80 9. 459 1,130. 90 9. 1735 1. 6904 1. 5156 2001 . 5169 1. 5487 8. 2770 . 8952 121. 57 9. 337 1,292. 02 10. 3425 1. 6891 1. 4396 2002 . 5437 1. 5704 8. 2771 . 9454 125. 22 9. 663 1,250. 31 9. 7233 1. 5567 1. 5025 2003 . 6524 1. 4008 8. 2772 1. 1321 115. 94 10. 793 1,192. 08 8. 0787 1. 3450 1. 6347 2004 . 7365 1. 3017 8. 2768 1. 2438 108. 15 11. 290 1,145. 24 7. 3480 1. 2428 1. 8330 2005 . 7627 1. 2115 8. 1936 1. 2449 110. 11 10. 894 1,023. 75 7. 4710 1. 2459 1. 8204 2006 . 7535 1. 1340 7. 9723 1. 2563 116. 31 10. 906 954. 32 7. 3718 1. 2532 1. 8434 2007 . 8391 1. 0734 7. 6058 1. 3711 117. 76 10. 928 928. 97 6. 7550 1. 1999 2. 0020 2007: I. .7865 1. 1718 7. 7582 1. 3109 119. 33 11. 024 938. 98 7. 0089 1. 2330 1. 9548 II. .8316 1. 0983 7. 6784 1. 3484 120. 80 10. 878 928. 69 6. 8641 1. 2221 1. 9862 III. .8471 1. 0456 7. 5578 1. 3748 117. 74 10. 965 927. 27 6. 7402 1. 1986 2. 0213 IV. .8898 . 9811 7. 4336 1. 4482 113. 23 10. 849 921. 26 6. 4148 1. 1468 2. 0442 2008: I. .9058 1. 0039 7. 1590 1. 5007 105. 17 10. 803 956. 12 6. 2668 1. 0670 1. 9790 II. .9435 1. 0099 6. 9578 1. 5625 104. 62 10. 428 1,017. 02 5. 9862 1. 0316 1. 9712 III . 8879 1. 0411 6. 8375 1. 5030 107. 58 10. 328 1,064. 56 6. 3175 1. 0734 1. 8924 Table 3: Foreign exchange rates between 2000 and 2008 Source: Modified from GPO Access The strong dollar against the yen between 2001 and 2002, which was the beginning of the Bush administration, discouraged importation by Japan from the United States (Atkinson and Hutto). At the same time, citizens of the United States opted to import valuable items such as automobiles at the expense of the locally manufactured ones, thus putting the United States automobile industry in the quagmire in which it is today (OECD). The consequence of this is that major competitors such as the Japanese automakers have adversely affected local automakers such as Ford, and the whole industry has been earmarked for revival in the Economic Stimulus Package (OECD). Interest rates Government bond yields and interest rates generally declined between 2000 and 2008. For instance, the value of bills at auction declined steadily from $ 5. 85 to $1. 01 in 2003, but steadily rose from $1. 38 to $4. 73 in 2006 (GPO Access). The low price of bonds meant that banks were in a position to purchase more government bonds, thus diverting their attention from other financial service users such as borrowers (Crutsinger and Aversa). Ultimately, banks were forced to impose high interest rates on the loans they offered to the public, implying that most small business holders and individuals were crippled by a massive credit crunch (Crutsinger and Aversa). The ensuing credit crunch adversely affected the United States economy particularly towards the ends of the end of the Bush administration (Crutsinger and Aversa). Banks were most affected by the financial woes and this necessitated the Bush administration to consider taking ownership of various banks in a bid to protect them from collapsing (Crutsinger and Aversa). This move was however also ill planned, as it would result in unnecessary government expenditure, resulting into higher inflation in the United States (Hanke). In addition, there was no assurance that with the government’s acquisition of the banks, their performance would improve (Hanke). Conclusion. Even though the world witnessed a massive economic recession, the woes in the United States stemmed from the fact that the Bush administration spent excessively on the war in Iraq and Afghanistan, which generally weakened the performance of most local institutions. The underperformance in various sectors was shown in high rates of unemployment, high inflation, fluctuating levels of money supply and foreign exchange rates as well as high bank interest rates. The combined effect of the various phenomena led to a crisis in the entire United States economy, thus making the Bush administration one of the worst leaderships of the United States. References Atkinson Robert D and Julie Hutto 18October 2004. Bush vs. Clinton: An Economic Performance Index. 10 March 2009. http://www. ppionline. org/ppi_ci. cfm? knlgAreaID=107&subsecID=295&contentID=252964 Crutsinger, Martin and Aversa, Jeannine 8 October 2008. Bush administration mulls bank stakes. 10 March 2009. http://www. freep. com/article/20081008/BUSINESS07/81008120/1015/BUSINESS02/Bush+administration+mulls+bank+stakes Curl, Joseph. 23 Oct. 2008 McCain lambastes Bush years. 10 March 2009. http://www. washingtontimes. com/news/2008/oct/23/mccain-lambastes-bush-years/ GPO Access . Civilian unemployment rate. 10 March 2009. http://www. gpoaccess. gov/eop/2009/B42. xls GPO Access . Money stock and debt measures, 1965–2008. 10 March 2009 http://www. gpoaccess. gov/eop/2009/B69. xls GPO Access. Bond yields and interest rates, 1929–2008. 10 March 2009. http://www. gpoaccess. gov/eop/2009/B73. xls GPO Access. Changes in consumer price indexes for commodities and services, 1929–2007. 10 March 2009. http://www. gpoaccess. gov/eop/2009/B64. xls GPO Access. Foreign exchange rates, 1985–2008. 10 March 2009. http://www. gpoaccess. gov/eop/2009/B110. xls. Hanke, Steve H. September 24, 2008 The Bush Legacy: Deflation or Inflation? 10 March 2009. http://www. cato. org/pub_display. php? pub_id=9663 Irwin, Neil and Eggen, Dan. 12 Jan. 2009. The Washington Post. Economy Made Few Gains in Bush Years: Eight-Year Period Is Weakest in Decades. http://www. washingtonpost. com/wp-dyn/content/story/2009/01/12/ST2009011200359. html National Organization for Women. 27 August 2004. Bush’s Economic Failure Weakens Middle Class, Deepens Poverty and Harms Women and Families. 10 March 2009. OECD. Macroeconomic indicators. 10 March 2009. http://stats. oecd. org/mei/default. asp? lang=e&subject=15&country=USA Robinson, Woodward, Gellman. Timeline: Bush’s Eight Years in Office. 10 March 2009. http://www. washingtonpost. com/wp-srv/politics/bush/legacy/timeline Shi, Leiyu and Stevens Gregory D. Vulnerable Populations in the United States. New York: John Wiley and Sons, 2004 The High Cost of Health Care. 25 November 2007. The New York Times. 10 March 2009. http://www. nytimes. com/2007/11/25/opinion/25sun1. html? _r=1 United states Department of Labor Bureau of Labor Statistics. 10 March 2009 http://www. bls. gov/.