As the United States forges an international military and political coalition to counter the heinous attacks of September 11, it is equally important to mount a coordinated response to the economic dimension of the crisis. Acceptance of a financial meltdown or global recession would represent as great a defeat as a failure to punish the perpetrators of the bombing itself and their protectors.
The case for a multilateral economic strategy is compelling. Even prior to the attacks, the world was experiencing its first synchronized turndown in decades. Growth had slowed sharply almost everywhere and turned negative in a number of countries. There was genuine risk of a global recession and the latest, pre-attack US data underscore that possibility here.
The terrorist actions will depress economic activity further for at least a while. More importantly, the shock to confidence could lead American and other consumers into more cautious spending patterns for months or even longer. A worldwide downturn is all too possible.
A synchronized policy response is thus required. The key central banks have already taken the first essential steps by pumping sizable amounts of liquidity into the markets to prevent cash shortages that could disrupt commerce, and by making initial cuts in interest rates. The OPEC countries have also made a major contribution by announcing that they will maintain oil production at levels that will avoid exacerbating the problem. Much more is needed, however.
The next move should be a further, coordinated reduction in interest rates by the central banks, especially our own Federal Reserve and the European Central Bank that manages the euro. (The Bank of Japan's interest rates are already near zero.) Given the urgent need to restore confidence and provide the maximum stimulus to reviving economic activity, the world's monetary authorities should continue to act together in a rapid and decisive manner.
All three of the chief economic areas, including Japan as well as the United States and Europe, should also adopt expansionary fiscal measures. Strangely, the major European countries and Japan have been contemplating spending cutbacks, in the face of recession or sharp slowdown, to meet pre-planned budget targets. This would be akin to the Hoover economics that helped bring on the Great Depression in the 1930s, making a bad situation much worse.
* The economy in the US and around the World was affected since the war on terror began.
Thomas Jefferson has an amazing role in our lives today from the hard work and time he spent to make an easier future for all of us. There are days that some of us could not thrive as the people we are without the appliances he made to make challenging tasks easier for us. Some people look up to him because he never stopped doing great things and never stopped showing unselfishness. Thomas Jefferson revolutionized the world of the 18th century and centuries to come. Thomas Jefferson was one of the most influential people of the 18th century because he was one of the founding fathers of America, he was the founder of the University of Virginia, and he was the creator of many life changing inventions, which drastically changed the world.
When a giant explosion ripped through Alfred P. Murrah federal building April 19,1995, killing 168 and wounding hundreds, the United States of America jumped to a conclusion we would all learn to regret. The initial response to the devastation was all focused of middle-eastern terrorists. “The West is under attack,”(Posner 89), reported the USA Today. Every news and television station had the latest expert on the middle east telling the nation that we were victims of jihad, holy war. It only took a few quick days to realize that we were wrong and the problem, the terrorist, was strictly domestic. But it was too late. The damage had been done. Because America jumped to conclusions then, America was later blind to see the impending attack of 9/11. The responsibility, however, is not to be placed on the America people. The public couldn’t stand to hear any talk of terrorism, so in turn the White House irresponsibly took a similar attitude. They concentrated on high public opinion and issues that were relevant to Americans everyday. The government didn’t want to deal with another public blunder like the one in Oklahoma City. A former FBI analyst recalls, “when I went to headquarters (Washington, D.C.) later that year no one was interested in hearing anything about Arab money connections unless it had something to do with funding domestic groups. We stumbled so badly on pinpointing the Middle East right off the bat on the Murrah bombing. No one wanted to get caught like that again,”(Posner 90). The result saw changes in the counter terrorism efforts; under funding, under manning, poor cooperation between agencies, half-hearted and incompetent agency official appointees and the list goes on. All of these decisions, made at the hands of the faint-hearted, opened the doors wide open, and practically begged for a terrorist attack. So who’s fault is it? The public’s for being
The foundation of America is based on the people, a democracy. Jefferson contributed to the "beliefs and the values of the American system and government"(Para.4) all of which are still practiced. In 1776(table) The Declaration of Independance was written and was greatly influenced by Jefferson, he "can be seen as a true miniser and prophet of those ideals"(Para.4). He knew that the people had to be taken into account and that made him strong. Jefferson once said "When the people fear the government there is tyranny, when the government fears the people there is liberty."
When you hear the name “Thomas Jefferson” you often immediately think of the Declaration of Independence. Thomas Jefferson is a well-known individual, and most only know him for his work with the Declaration of Independence and that the he was also the third president of the U.S. Although he wrote the Declaration of Independence he also wrote many books that also influence our society almost as much as his best work. In his legacy, Thomas has influenced us word after word, and he stills has an effect on many influences still today.
Thomas Jefferson was the third American President. Due to the fact that he was such an early President, he influenced our political system greatly, both in the short and long term with his seemingly quiet approach to congressional matters. During his presidency, many things happened that changed the United States as we know it. He coordinated the Louisiana Purchase, assisted in implementing the twelfth amendment, formed the character of the modern American President, and cut the U.S.’s war debt by a third.
A Founding Father, author of the Declaration of Independence, and the third President of the United States are all descriptors of the accomplished Thomas Jefferson. Mr. Jefferson has not only completed these successful feats, but he also managed to proficiently manage an astounding amount of other contributions to this country. Thomas Jefferson is associated not only with the founding of our strong nation, but he has completed a great many acts that have facilitated the growth of the United States. Thomas Jefferson accomplished numerous endeavors in his life, and this is why he is so respected and admired, even centuries after he was on the earth. Thomas Jefferson’s early life, contributions to the Revolution, and his life during and after
Toyota was the first corporation to expose the very first hybrid car, the Toyota Prius. The Prius has been the most commonly profound hybrid since year 2000. The name Prius is virtually tantamount with the word Hybrid, as most would agree with. As demonstrated by their numbers, the Toyota Prius is by far the most well-known, with over one million cars sold solely in the United States to this day. Statistics show that most buyers that pursue this type of vehicle are mostly all for eco-friendly and/or economic trepidations (The Corvallis Advocate, 2012). When the Prius was initially presented, the car was costing Toyota $40,000 to build, and they were selling it for a low cost of just $20,000 at the dealer. Some of the perks this vehicle carries with them is the fact that the Prius does an outstanding job of receiving high gas mileage. Proving a greater MPG of 62, reporters all over the U.S. have met th...
Abraham Lincoln was born on February 12, 1809. He was the second child of Thomas and Nancy Lincoln. It is commonly believed that he was born in Illinois, but in fact he was born in Hodgenville, Kentucky. As Lincoln grew up, he moved to Illinois, where he spent most of his childhood as well as some of his adulthood. Lincoln lost his mother at age nine, due to milk sickness. This tragic loss led to Lincoln’s sister, Sarah, to care for him.
Thomas Jefferson was a great American that helped establish our freedoms from the English tyranny. A young scholar that would stop at nothing to achieve what he believed was just and right. We owe a great deal of gratitude to this man for writing The Declaration of Independence and being a great leader to our Nation in a time of need. Thomas Jefferson was the author of freedom.
Abraham was the second child of Thomas and Nancy; he was born in a small log cabin on a farm in Kentucky. During his early life his family moved from Kentucky to Indiana in order to get out of slave territory. When Lincoln was nine his mother Nancy died of milk sickness, his father Thomas later remarried a widow named Sarah. Lincoln became very close to his new stepmother. He did not have much formal education but was a motivated self-educator.
First, I want to talk about President Lincoln’s childhood. He was born in a log cabin in Hardin County, Kentucky, on February 12, 1809. His parents were Thomas Lincoln and Nancy Hanks Lincoln, and President Lincoln had two siblings, one older and one younger. He had an older sister, Sarah, who was fortunate enough to live, however he also had a younger brother, Thomas, who died as a baby. Lincoln had to really struggle for a living and learning. His family had to move out of Kentucky for social reasons. When he was only ten years old, his mother died of tremetol, a milk sickness, and he was devastated afterwards. He mourned on it for 26 years. He didn’t bond very well with his father and he despised the work that was put on him at a very early age. After his real mother, he got a step-mother named Sarah Bush Johnston. She was a widow from Kentucky. She and Abraham bonded well, and she encouraged Abraham to read even though both his parents could not read. Only when he was growing into a man did he actually receive his formal education in 18 months. There weren’t many books in the county so Abraham had to walk for miles to borrow a book which he did. He read many, many books such as Robinson Crusoe and the fami...
...If a person has personality disorder, parts of their personality makes it hard for them to live with themselves or other people. They often feel unhappy or distressed and find that other people upset them or they try to harm other people. About one in ten people have a personality disorder but many will not be severe. There are treatments but they usually are not effective because they are usually so complicated.
This paper provides an overview of the crisis, outlines the major causes of the crisis, examine alternative solutions to the problem
According to the Facts and Numbers page on the National Alliance of Mental Illness website, "One in four adults--approximately 61.5 million Americans-- experience mental illness in a given year. One in fo17-- about 13.6 million-- live with a serious mental illness such as schizophrenia, major depression or bipolar disorder." (Facts and Numbers). Throughout history people with mental illness have been perceived as lesser than those without mental illness, and thus these people have an innumerable amount of difficulties and challenges to overcome compared to their counterparts with the benefits of pristine mental health. In The Mad Among Us by Gerald N. Grob, he describes the change of the ways of caring for the mentally ill starting from the beginning of institutionalization in the early eighteenth century (Grob 17) to the idea that serious disorders cannot be cured, but alleviating the symptoms "should be able to remove the obstacles that stand in the way of natural self-healing processes." (Grob 311). The lies of people with mental illness are as diverse as the disorders they live with. Unimaginable obstacles are waiting around every corner for people with mental illness.