Reg, To follow-up on our discussion from Friday, here are the specifics of the waiver conversation with Christina: The waiver will create a new program called AHCCCS CARE, which stands for Choice, Accountability, Responsibility and Engagement. AHCCCS CARE will apply to all able bodied adults. AHCCCS estimates this to be between 250,000 and 350,000 members and touches all of the current eligibility categories, e.g. Proposition 204, Restoration, Expansion, and traditional Medicaid. Also, members…
The Canadian and the American Economies are very different. The Canadian Economy is mostly a mixed economy. According to Webster's dictionary, this means that some companies are owned by the government and other companies are not. The American Economy is mainly a market economy which means prices are based on competition among private businesses and not controlled by a government. Many people believe that Canada and the U.S should have a common economic system with little government involvement…
Some authors have highlighted the significant benefits of relaxing the strict public/private division in order to facilitate privatisation. According to Abbott and Cohen (2014), the privatisation of numerous industries in Australia has enhanced economical efficiency, progressive regulatory reforms and technological development. In most cases, the improvement seen post privatisation, such as in the education and health industry, can be attributed to the reduction of government monopoly in the…
Barriers to entry are factors that prevent a startup from entering a particular market. Jack and Stephen Teeling faced two kinds of barriers to entry in the Irish whiskey business in 2012. The two barriers to entry were capital requirements, such as financial and human capital, and access to distribution channels. As in any industry, there are costs for starting and operating a business. Some of the high capital costs Jack and Stephen incurred are mostly start-up costs; High capital costs…
The United States’ national debt has been a very popular topic in recent months due to the recent presidential inauguration and the 2017 Budget Projections. The effects of the debt on the country long term are being debated by many, but many see the debt as having a negative impact on the country's economy. The national debt negatively affects the future of the United States’ economy because interest rates will rise, and the Government’s increasing debt payments will crowd out other spending.…
“A penny for your thoughts…”: should one-cent currency stay in the United States? (“A Penny Saved is a Penny” K7469). Though lobbying against the penny has been occurring for years, legislation was formally presented to Congress fairly recently. Proposed in 2006, the COIN Act, which stands for “Currency Overhaul for an Industrious Nation,” would require sellers to round down to the nearest nickel for “sums ending in 1,2,6, or 7 cents” and up for “sums ending in 3,4,8, or 9 cents” (“Eliminating…
immigrants if the country decided to open its borders. Friedman’s idea to slowly eliminate welfare programs and use a negative income tax would provide a healthier solution to helping the countries low-income households. By gradually eliminating welfare, the country would be able to weed out some citizens who abuse the system and take advantage of the government. The negative tax system prevents low-income individuals from paying taxes and actually provides them with supplemental pay from the…
way too high. The deficits are driving up debt above three-fourths of the GDP. Over the past twenty years the federal government has used borrowing to finance the spending that has occurred. Due to being in a recession for the last four years the low tax revenues have lead the country to have consecutive trillion-dollar yearly deficits. The spending has and will remain above the historical average of 20.2%. This is then expected to have massive growth when we come to the end of the decade when…
take it in their own initiative to be self-reliant about his or her social and economic well-being. If the government fails to promote individualism, the author states that citizens will be dependent on the state and that will therefore result in more tax being given to citizens. The source promotes a neo-conservative approach to economics due to the reference that is made to “individualism” and it can be inferred that the author of this source…
For Harvey neoliberalism is about the formation of class power by economic elites. Neoliberalism has been a political project to ensure economic elites benefit the most from the system. Harvey further argues that whenever economic policies of neoliberalism conflict with elite ideology, the elites took action to keep their powerful position. This is evident by the readiness of government who are committed to following the principles of neoliberalism such as the Bush administration to get rid of…