This article is a reaction to the move by the president to increase the minimum wage. The gist or the author’s argument is that increasing the minimum wage with cause employers to retrench and cut jobs. The author presents the evidence in an argumentative manner. Studies from a congressional budget office show that an increase in the minimum wage would result in a loss of over 500000 jobs. On the other hand it would increase hourly wages for over 16 million people.
This article reviews citizen apathy to the situation in Greece. After the financial turmoil that saw financial systems grind almost to a halt, concerted efforts were put in place to fashion a comeback. The effects were felt by government workers through delayed paychecks and salary deductions by almost 45 percent. In the eyes of the interviewee in the article, even though economic experts say that the situation is getting better, the quality of life gets worse.
This article offers a detailed analysis of the exit of the Russian president Vladmir Putin from the G-8. Over the last twenty year, Russia has been the helm of world economic leaders table. However, this position could be temporarily terminated after the announcement by the president. In a quick rejoinder, the European Union AND THE United States have imposed travel and financial sanctions to the president’s aides.
The article details the 1.2 billion dollar imminent payment in order to end a safety related problem on Toyota. The fine was imposed in the automobile company after it was established that the company deliberately withheld vital information regarding user safety. I ignominy of this fine is that the company tries to cover up the defects in their vehicles even when they were aware of the potential consequences.
The article talks of the imminent move by the president of the United States of America to alter the rules pertaining to overtime. The author imagines the use of his executive authority is a response to the Republican’s move to impede his economic agenda in congress. This notwithstanding the author offers details of the raise in overtime wages from 7.25 dollars an hour to 10 dollars an hour. This is good news to the working citizens.
Kestenbaum, D. (2014). Does Raising The Minimum Wage Kill Jobs? Available at> http://www.npr.org/blogs/money/2014/03/06/286861541/does-raising-the-minimum- wage-kill-jobs
Kestenbaum, D. (2014). 'The Numbers Are Getting Better, The People Are Getting Worse' Available at> http://www.npr.org/blogs/money/2014/03/21/292385791/the-numbers-are- getting-better-the-people-are-getting-worse
Memmott, M (2014). Putin's Out Of The Club For Now: G-8 Is Back To Being The G-7. Available at > http://www.npr.org/blogs/thetwo-way/2014/03/24/293901967/putins-out- of-the-club-g-8-is-back-to-being-the-g-7
Memmott, M (2014). Reports: Obama Will Move To Expand Overtime Pay. Available at> http://www.npr.org/blogs/thetwo-way/2014/03/12/289411940/reports-obama-will-move- to-expand-overtime-pay
Memmott, M (2014).Toyota To Pay $1.2B To End Safety-Related Probe. Available at> http://www.npr.org/blogs/thetwo-way/2014/03/19/291390976/reports-toyota-to-pay-1- 2b-to-end-safety-related-probe
Peralta, E. (2014). 5 Ex-Madoff Aides Found Guilty Of Conspiracy, Securities Fraud. Available at> http://www.npr.org/blogs/thetwo-way/2014/03/24/293886296/5-ex-madoff-aides- found-guilty-of-conspiracy-securities-fraud