Stimulus Bill Article Example | Topics and Well Written Essays - 500 words

Stimulus Bill - Article Example it allowed the people to invest in the overall development of the society like in infrastructure, medical treatment issues, education and other basic needs of the people were addressed by this act. Further it took part in recycling of the energy too. The Act is based on a theory of economics which is called Keynesian Macroeconomic Theory. This theory suggests that when a recession strikes, the government should be modest and generous enough to put less money into the projects which are of private nature and likely to benefit the government and the state only, and start investing more on the things which will directly give relief and benefit to the general public. According to this theory, recession is not the time to secure your business or government, but to keep the public surviving and doing all which will keep them alive, happy and motivated to work or to get back to work. Although the Act seems to be a perfect package for the social welfare of the people, it was also criticized by some in terms of its very limited scope. They say that it covers less than one third of the spending. As it happens with every new thing presented, The view and recommendations of the economists about the act should also be discussed in order to get a better idea about the weaknesses and strengths. Some economista like Paul Krugman, Joseph Stiglitz, Larry Summers and Martin Feldstein have reservations about this act that it has a very small vision or it is an act with limited scope which does not benefit the sufficient number of people. They suggest that it should have been designed to encompass the larger wider population. Feldstein is generally in favour of such a package but questions the directness of this act on the investment on consumer spending. He says that this act should have been more direct on addressing the unemployment and the consumer spending. According to him some revision is needed in this act to make it more effective and beneficial. Krugman also says that it

Group Discussion Pocess Essay Example | Topics and Well Written Essays - 250 words

Group Discussion Pocess - Essay Example This is basically because I got an opportunity to not only read about different views from various students but also to retain more as well as learn much better. This was a unique group as compared to the others that I have attended before. For instance we would sometimes discuss ideas on online forum and at other times we would just leave our messages and wait for the other members’ response. I could also leave messages and later on find responses from the rest of the members. Sharing as well as free discussing of information was also a common feature of this group. This experience is definitely relevant to group work in organizations since we learnt and shared a lot as a group about team work .Thus, each member in a group was tasked with a certain responsibility to perform and given a timeline. This is something very important since it teaches an individual the importance of discipline as well as responsibility; two great values in group work in any organization. It does not really matter to the group that it is an online class, since we were able to not only accomplish our set goals but also communicated and coordinated well; just like in the conventional groups. It’s all about knowing your role in the group and what you are supposed to do and at what time. Group work in an online class can be improved by setting clear goals to be met by individuals in the group, setting adequate time especially when all group members are available and making sure there are no disruptions to internet access. Finally, the discussion atmosphere ought to be responsible as well as supportive of all group members. It was really a great learning opportunity, very applicable in my