Its the Aggregate Demand, Stupid by Bruce Bartlett Assignment - 1

Its the Aggregate Demand, Stupid by Bruce Bartlett - Assignment Example Moreover, the author articulated that the aggregate demand is the major element with respect to the current economic condition that can create jobs and stimulate economic growth of the US. Throughout the article, Bartlett has critically explored the issue concerning the economic growth and downfall of the current labour market of the US. According to the article, it has been perceived that the lack of focus on aggregate demand along with insufficient investment and immaterialized consumption expenditure have to lead to a major downfall of the economy. The current economic policies of the nation are determined to be insufficient to address the needs of creating jobs and stimulating economic growth. However, the only effective measure to attain this goal is perceived to be related to increasing aggregate demand. According to the theoretical context, it is often attributed that the lower growth in the annual consumer spending substantially creates major vulnerabilities in the inflation rates that causes major debacles in the economic growth (Bartlett, â€Å"It’s the Aggregate Demand, Stupid†). In relation to the current policy measures of the Federal Government, the article reveals that Administration is centrally focused on maintaining average growth rather to substantially increase the level of annual consumer spending in the US. However, the mechanism is quite difficult due to the emerging level of unemployment within the states. Therefore, the existing administration is significantly inviting major risk for the nation due to its policy directed towards increasing savings while reducing the consumptions of goods and services by household, business and government. Although the policy of reducing aggregate demand promotes increasing household savings and maximizing the wealth, in long run, the process inadvertently calls for a major financial debacle in the nation.  

New Waterford Girl Essay Example | Topics and Well Written Essays - 750 words

New Waterford Girl - Essay Example The feminist concept of subjectivity can be seen in Mooney's character as Mooney Pottie is feeling suppressed by the small-mindedness that surrounds her. Seen as freakish by her family for her incessant reading and a desire to move to New York, Mooney refuses to temper her thirst for knowledge and attend the booze-fueled make out parties her classmates live for. Enter Lou, a tough boxer's daughter from the Bronx who moves into town with her dance teacher mother. Before long, Lou is helping Moonie see the town through new eyes, improving Moonie's social life in the process. But when her sympathetic teacher, Cecil Sweeney, informs Mooney that he has gotten her accepted at an Arts High School in New York, she is prepared to do whatever it takes to escape her oppressive origins. As Mooney, will do everything to get out of New Waterford so the assistance comes in the form of a new neighbor, Lou, whose family moves there from New York. The two girls devise a plot to get Mooney out of New Waterford by ruining her repute, persuading everyone she's pregnant (she's never really had sex), and getting her shipped off to have the baby. All through the film there is a subplot where Lou gets hired by local girls to blow their jerk boyfriends for some crime or another. The belief is that if they're culpable, they'll fall - and nearly all of them do. The film is a magnificent story of two independent girls being true to themselves. The only thing on youthful Moonie Pottie's mind is to get out of small town New Waterford. She imagines of being in a cosmopolitan city like Paris, Berlin or New York. Her teacher (Andrew McCarthy) sees the talent in the girl, and submits her name to an arts school in NYC. When Lou, a girl from New York and the offspring of a disgraced boxer, moves in next door, she and Moonie gradually become friends. Together they find out about themselves in this coming-of-age story set in grey and harsh Cape Breton. When Moonie gets the admission to the school in New York her parents do not allow her to be there, and Moonie comes up with her own shocking scheme to get out of New Waterford Balaban is Moonie Pottie, a 15-year-old loner in this small coal-mining town in the mid-1970s. The town is poor, the housing overcrowded Moonie is one of five siblings and a sister-in-law in the house -- and the citizens are good, God-fearing Catholics. The only girls who flee New Waterford are those who are pregnant, and they leave to have their children away from discomfiture before returning. Moonie thoughts of getting the hell out; she stands by the border with a cardboard sign that has "Mexico" scribbled across it, but always ends up hitching a travel with a guy who's simply driving into town. She knows all about other places through her insatiable reading, and that's part of her difficulty, really: She knows too much. Life is tolerably intolerable only through the understanding of a couple of outsiders. Moonie's hip teacher, Cecil (Andrew McCarthy) resides in a mobile home and seems to be running from life ("I don't exactly jump out of that rollaway bed in the morning," he accepts). But because he is an stranger looking in, he can full well appreciate an insider trying to get out. Then it is Lou (Tara Spencer-Nairn), a girl from the Bronx who has shifted to New Waterford with her mother (Cathy Moriarty), because "that's where the tracks end."