Newsworthy – Dec 19th, 2019

Donald Trump has become the third president of the United States to become impeached, obesity and undernutrition are becoming increasingly connected, almost half of American workers are stuck in low wage jobs, Congress to raise legal age to purchase tobacco products.

These, and more, are the newsworthy stories from this past week.

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Newsworthy – Nov 1st, 2019

The number of flying insects in Germany are dramatically falling, higher rates of obesity and an aging population are leading to surging deaths from heart failure in the U.S., businesses are offering higher pay and hiring less.

These, and more, are the newsworthy stories from this past week.

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Newsworthy – Sep 28th, 2018

911 centers affected by low unemployment rate, former felons to regain voting rights, foreign investment in Africa, Elon Musk’s legal troubles, and a growing number of babies born with opioid addiction.

Here are the top newsworthy items from this past week as shared on our Facebook page.

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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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Should the US Resume Oil Exports?

A fact that many people do not know is that the US has not exported crude oil since 1975, when Congress banned the act. The reason back then was that domestic reserves where becoming depleted due to the 1973 Arab embargo. But that was over 40 years ago. So why is the ban still in effect?

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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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The Motley Experience on WRSU 4 8 14

The Motley Experience is back on 88.7 WRSU FM New Brunswick!

Check it out every Tuesday from 12pm to 1pm from now until May.

For live streaming, visit http://www.wrsu.org and click “Listen Live”!

In case you miss the live show, you can listen to the recording right here on WordPress!

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The Motley Experience WRSU Podcast 3 25 14 – John Boyd, Jr Interview

The Motley Experience on WRSU is back after taking a brief hiatus during Spring Break!

We return to the air with a fantastic show and our first ever interview with John Boyd, Jr from The Boyd Company.

Our discussion includes what our current national and state level economic and industry trends, as well as what states and the nation can do to stimulate more economic growth.

 

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The Motley Experience WRSU Podcast 2 18 14

The Motley Experience is back on 88.7 WRSU FM New Brunswick!

Check it out every Tuesday from 12pm to 1pm from now until May.

For live streaming, visit http://www.wrsu.org and click “Listen Live”!

In case you miss the live show, you can listen to the recording right here on WordPress!

Continue reading “The Motley Experience WRSU Podcast 2 18 14”