Category Archives: Journal

A Basic Guide to Men’s Fashion

Navigating the world of fashion can be a tricky affair regardless of your gender. Many men, however, tend to think that concerning themselves with the latest styles and trends is an activity better left not pursued. This may be because of actual indifference, lack of time, or apprehension.

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The Impact of Disney’s Purchase of Fox

The purchase of Fox assets by Disney marks the first time in history that a major Hollywood studio bought out another. The world of film and film distribution is beginning to change even more quickly to counteract the huge impact streaming services such as Netflix and Hulu have had.

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Has the Two Party System Done More Harm Than Good?

Despite the elections being over, the country still appears to be embroiled in political disputes concerning President-Elect Trump and how the system to elect the President of the United States needs revamping.

In an earlier article, we analyzed the Electoral College System. This time, we will be taking a look at the two party system of Democrats vs Republicans and how it may have done more harm than good to national politics.

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Is the Electoral College Still Relevant?

The dust has settled and the new President of the United States will be Republican candidate, Donald Trump.

This result left many Americans, as well as people across the world, dumbfounded. Even some Trump supporters did not believe their candidate could really win the election.

To add to the controversy of what has become the most polarizing election in recent memory, is how Trump won the electoral votes but not the popular vote.

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Economic Mood Swings

Volatility has returned to the markets in the past few weeks. This has led to mixed messages to the public as positive economic news is mingled with sudden drops in major indices.

Most of the bad news seems to be generated from outside of the US. A major contributing factor to the outside negativity stems from the feeling of many that Europe is sliding back into yet another recession

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Is the Unemployment Rate Enough to Judge the Economy?

The media, government officials, economists, and nearly anyone else with mainstream attention talks about the unemployment level. They freely use it as a gauge of how well the economy is doing. The unemployment level has essentially become the official thermometer with which to judge the health of our economy.

But is it really enough? Can one figure, one form of measurement, truly be all that is necessary to gain a comprehensive idea of the state of our economy?

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Study on the Public Opinion of U.S. President Barack Obama’s Proposed Increase in the Minimum Wage

The following is a research project conducted to determine how those businesses most affected by an increase to the national minimum wage feel about President Obama’s proposal from a few months ago.

After the Executive Summary and Report, please find the Questionnaire used as well as some visuals in Data Findings.

Executive Summary

The topic of whether the minimum wage should be increased to $10.10, as proposed by President Barack Obama, has become an intense issue. This study has been conducted to bring to light the current sentiment by those most affected by a change in the minimum so that policy makers have a better understanding and grasp of what needs to be done.

The research conducted was limited to an area in Monmouth County, NJ that includes a range of socio-economic groups from upper lower class to high middle class. The target of the study was divided into two main demographic groups; Professional Managers and Owner Managers. These two groups represent Large Companies and Small Businesses, respectively. Further categorization includes gender and number of employees. Once the data was collected, it was then analyzed to yield results that could be used to complete the objective of accurately portraying how different demographics feel they will be impacted by increasing the minimum wage.

The results have limitations based mostly on the small sample size and specific area that the study was conducted in, as well as the types of industries represented. The implications of the information are important, nonetheless. Large Companies tended to be more against increasing the minimum wage than did Small Businesses. This seems to be because of the large labor force employed by retail corporations that have multiple locations across the state or country. Large Corporations also have more financial burden relative to Small Businesses and would feel the strain of increased labor cost more so than smaller businesses.

After considering the study results and factoring in the limitations, it seems important that policy makers and interested parties conduct similar research on a much larger scale in order to better represent the scope of the nation. With concern to this study, however, recommendations to policy makers would be to increase the minimum wage incrementally on a national scale, however to encourage states to take more of a lead based on each state’s respective economies. A change in the tax code is also necessary to allow businesses, large and small, to better face the current economic challenges. Increasing the minimum wage is only one small step to revitalizing the nation’s economy.

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