...Jack Maher Raising the Minimum Wage: a Conversation with Economist On November 4th 2014, La Crosse ballots will include a non-binding referendum on raising the minimum wage to $10.10. The University of Wisconsin-La Crosse was fortunate enough to gather members from the Economics department and discuss this present issue at hand. The Economists were able to present arguments in a non-biased form to us, the students. The argument to raise the minimum wage had both positive and negative points. Raising the minimum wage has positive points. The main goal of raising minimum wage to $10.10 is to raise income for the working poor. Annual earnings for an employee that works 2000 hours a year at the current minimum wage accrues an annual salary of $14,500. By raising the minimum wage to $10.10, the annual salary would rise to $20,200. It can also be noted that when an employee earns more, they tend to work harder. This would push two percent of the population who live in poverty above the poverty line. This can cause an increase in production. Overall, a raise in minimum wage to employ’s would generate improvements to the working poor. Raising the minimum wage; however, brings up economical issues. The first issue being that raising the minimum wage would cause an increase in unemployment. Economic logic supports the idea that elasticities of labor demand would be large for unskilled workers. Also, unemployment will increase due to the fact that companies can outsource...
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...inland who watched the disaster unfold were also stunned and dismayed by what we saw happening. What led to this disaster and what can BP do to ensure that the likelihood of it ever happening again is minimized? One thing that has come to light in the disaster investigation is that it's no surprise that something like this happened. After Hurricane Dennis blew through in July 2005, a passing ship was shocked to see BP's new massive $1 billion Thunder Horse oil platform “listing precariously to one side, looking for all the world as if it were about to sink.” Thunder Horse “was meant to be the company's crowning glory, the embodiment of its bold gamble to outpace its competitors in finding and exploiting the vast reserves of oil beneath the waters of the gulf.” But the problems with this rig soon became evident. A valve installed backwards caused it to flood during the hurricane even before any oil had been pumped. Other problems included a welding job so shoddy that it left underwater pipelines brittle and full of cracks. “The problems at Thunder Horse were not an anomaly, but a warning that BP was taking too many risks and cutting corners in pursuit of growth and...
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...Superior Grain Elevator was located at Thunder Bay, Ontario, Canada’s third busiest port. With 14 giant grain elevators, Superior was able to load ships constantly sending grain to all parts of Eastern Canada and the globe. The ships were contracted for by agents who lined up the required tonnage of shipping capacity to fulfill the various contracts held with Superior. Although the agents tried to arrange for ships to arrive at Thunder Bay in a steady stream, the vagaries of lockage transfer times in the Seaway resulted in quite variable arrival times, at times forcing arriving ships to anchor when both wharfs were busy. This resulted in SGE having to incur demurrage charges at a rate of $2000 per day. Mike Armstrong, manager of port facilities for SGE, had just learned that the Canadian Government had negotiated a 5-year contract with Poland, and that Superior had been allocated some of the shipments. However, the two wharfs Superior currently had might not be enough to carry out the contract efficiently, and building a third wharf was being considered. The third wharf was estimated to cost $1,500,000. Superior Grain Elevator needs to consider the pros and cons of building a third wharf and decide if the benefits & savings will offset the cost of the investment. After careful consideration and analysis, using the ROI, NPV, FV formulas and @Risk, we do not recommend for SGE to build a third wharf. Even though the construction of the third wharf will provide the company a mean...
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...were also stunned and dismayed by what we saw happening. What led to this disaster and what can BP do to ensure that the likelihood of it ever happening again is minimized? One thing that has come to light in the disaster investigation is that it’s no surprise that something like this happened. After Hurricane Dennis blew through in July 2005, a passing ship was shocked to see BP’s new massive $1 billion Thunder Horse oil platform “listing precariously-hindi nasa ayos yung thunder horse oil platform to one side, looking for all the world as if it were about to sink.” Thunder Horse “was meant to be the company’s crowning glory, the embodiment of its bold gamble to outpace its competitors in finding and exploiting the vast reserves of oil beneath the waters of the gulf.” But the problems with this rig soon became evident. A valve installed backwards caused it to flood during the hurricane even before any oil had been pumped. Other problems included a welding job so shoddy badly made or done that it left underwater pipelines brittle and full of cracks. “The problems at Thunder Horse were not an anomaly, but a warning that BP was taking too many risks and cutting corners in pursuit of...
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...Terry Fox Who: Terry Fox was a Canadian humanitarian, athlete, and cancer research activist What: Terry Fox ran across Canada on one leg to raise money for cancer research and awareness Where: Terry ran from St Johns on the east coast to the outside of Thunder Bay When: He started his run on April 12th, 1980 and ended on September 1st 1980 Why: To raise money for cancer research and for everyone suffering from cancer also to find a cure Terry fox was not only a great Canadian but also an inspiring individual, with great goals and ambitions. I personally find what he did very touching and inspirational. The fact that he attempted to run across Canada on one leg (since the other one had been amputated because of his cancer) is simply so brave and noble of him. Also it must have defiantly been so hard to run 5373 km on one leg, furthermore I know for a fact I couldn’t even imagine running 2 km on two legs; let alone running what Terry did on one leg. The part I also find very great about him is that he didn’t just do this for himself he did this for everyone else that was suffering from cancer, he was obviously in no condition to run but he still did because he wanted to show people that if you try you can make a difference. Terry did make a difference, thanks to his run people to this day run each year to raise money for cancer, a matter of fact there is a special day for him which is the annual Terry Fox Run Day which is held every year in September. In...
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...just having someone to cheer for. A sports team can and often does a benefit on the city they are in. They benefit the city’s economy in various ways. Oklahoma City is a city that is considered a small market. The city has had sports teams before, an AAA baseball team, and a minor league hockey team, but never a major league team. Oklahoma City is currently the largest city in Oklahoma. In land area, it is the 3rd largest in the nation behind Anchorage and Jacksonville. (Knapp, 2009) Oklahoma City estimated population is 537,734 as of 2006. ( U.S. Census Bureau, 2010) In 2008 the city finally got a professional sports team. The NBA team the Seattle Supersonics moved from Seattle to Oklahoma City and became known as the Oklahoma City Thunder. The move was possible because the city of Oklahoma had been trying for some time to get a professional team. To do this the city came up with what is called the Metropolitan Area Projects (MAPS), which financed new and upgraded sports, entertainment, cultural and convention facilities primarily in the downtown section with a temporary 1-cent sales tax assessed. Despite the "metropolitan" moniker of the improvement program, the tax was only assessed inside city limits. (Warner, 2003) This desire to update the city and make it more relevant on a national scene as help not just the cities look but also it’s economy. In the oil bust of the 1980’s the entire state felt the hurt of high unemployment, the...
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...The final decision was that Russel Westbrook would get paid the max amount which in his case would be 85.7 million dollars over the course of three years. Because of this the Oklahoma City Thunder will not be without a star player for the next two season because Russel Westbrook will be a free agent the summer of 2018 and will have the option to opt out of his contract and will be able to test the waters of free agency. This was certainly the best choice for the team, in this era of basketball Russel Westbrook is considered a top ten player and is one of if not the most explosive player to step onto a basketball court “He's one of the league's half-dozen best players, a generational athlete who has developed an excellent feel for the game as he's gotten older. While there are still some noticeable warts on his game—he's a below-average shooter and takes far too many risks defensively—he's an asset you pillage the asset farm to get.” (Conway,...
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...Kevin Durant Paper Pride matters in the NBA, but not more than skill. When Kevin Durant drops 40 on an opponent, they don’t begrudge him his talent. What kills them is that the kid looks like he’s 15! Actually, that’s not too far off. By taking the NBA by storm as a 19-year-old—and winning league scoring titles just a few years later—Kevin has given Oklahoma City fans a lot to get noisy about. Not bad for a player who considered quitting his high school team as a frosh and then spent all of one season in college. Kevin may be a young gun, but he is definitely gunning for greatness in Oklahoma City. This is his story… GROWING UP Kevin Wayne Durant was born September 29, 1988 in Washington, D.C. (Click here for a complete listing of today's sports birthdays.) He grew up with his older brother Tony in Seat Pleasant, Maryland, just outside the nation’s capitol. They were raised by their mother Wanda Pratt and her mother Barbara Davis. Their father, Wayne Pratt, left the family before Kevin’s first birthday. He came back into his son’s life when Kevin was around the age of 13. Both parents worked for the government—Wayne for the Library of Congress and Wanda as a postal employee. Kevin was always the tallest boy in his class—and very self-conscious about his height. His mother asked his teachers to put him at the end of lines, so he wouldn't stand out as much. His grandmother Barbara consoled him, saying that his height was a blessing—just wait and see. Over the years...
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...Quote “Hard work beats talent when talent fails to work hard” -Kevin Durant The quote I chose was written by Kevin Durant. Whatke I think this quote means is that the person with the most talent doesn’t always win. It’s also saying that just because you’re the best doesn’t mean that you’re always going to be in that position. If you stop working as hard as you did to get into the position that you’re in then you can easily lose that position because there is someone out there that’s not as talented working harder. That person that is working hard is eventually going to reach a higher level of talent than you. This quote is also saying that there is always room to get better. Just because you get what you want doesn’t mean it can’t be taken away from you. Kevin Durant Born September 29, 1988 in Suitland, Maryland, is one of the most successful basketball players in the NBA right now, Kevin Durant. One of the four children born to Wanda and Wayne Pratt. After high school Durant played college ball at the University of Texas. In 2007 he was second overall in the first round of the NBA draft by the Seattle super Sonics. Kevin Durant starred in the movie “Thunderstruck’ which is tied in with his famous quote “hard work beats talent when talent fails to work hard”. Kevin Durant is a hard working player. He’s earned the title of being the NBA scoring champion three times and is a three time NBA All-star. Even though Kevin Durant has achieved those major things he still...
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...Corporate Social Responsibility Nike has contributed in different kind of social services. Based on our research, we had found that Nike has been helping the adolescent girl in Ethiopia, Nigeria and Rwanda. It provide massive resources to adolescent girls. Nike formed Girl Hub, a strategic collaboration with the U.K. Department for International Development (DFID) aimed at transforming the lives of adolescent girls living in poverty by engaging girls themselves as active participants in 2010. They worked in Ethiopia, Nigeria and Rwanda to create programs for girls, with girls. Girl Hub delivers results for girls in a variety of ways – family planning, direct assets, resource creation for girls in humanitarian settings, and through research and data disaggregation. Besides that, they are also getting girls on the international development agenda. Ten years ago, girls were widely invisible to the global development community. In 2008, the girl effect launched as a concept to radically change the way policymakers and funders viewed girls’ development issues. Accompanied by a short film that caught the attention of global leaders at the 2009 World Economic Forum, the girl effect has since evolved into a global movement aimed at inspiring and equipping individuals, networks and organizations with the tools and information they need to make the girl effect happen. From the halls of the World Bank to the stage of the Clinton Global Initiative and beyond, the Nike Foundation has partnered...
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...Essay: Portrayal of Mothers and Motherhood Motherhood is a big task for mothers to go through. When women become mothers, they go through a lot of changes such as women after become mothers become more responsible, physical changes, etc. Motherhood is a mechanical set of duty and feelings that starts from the pregnancy to the baby birth (Akujobi, 2011). Becoming mother is a great experience that is shaped by culture and social perspective. Mothers losses their freedom, independency as when they get attached to their baby. Mothers need to compromise on many things like for example sacrificing their sleep, their food, their body, their autonomy and many other things. Motherhood images differ from culture to culture, as they filter through our worlds. Mothers though have very huge responsibilities as to bring up their children, to make them learn the language and the culture where a child belongs to but they are portrayed as the criticized figure or nonexistent. Motherhood representations is everywhere, could be good or bad and it could be empowering or being slave. Motherhood has now become such controversial topic that in the twentieth century all the feminist are talking about being mothers, experiencing mother hood and the categories of motherhood. In America there are five categories of mothers (Leary, 2008). 1) Self-absorbed who prefers independency; feels that their children are burden on them and want to achieve their personal pleasures rather than keeping care of their...
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...San Diego 8/9/14 – Saturday * Pick up rental car at Firefly (Driver: Duo Ning, reservation under Siting Feng) * Drive to hotel * Wyndham Garden San Diego 3737 Sports Arena Blvd * SeaWorld * Balboa Park 8/10/14 – Sunday * San Diego Zoo Safari Park San Diego – Anaheim – Los Angeles 8/11/14 – Monday * Check out hotel * Beach: La Jolla cove / Torrey Pines State Beach (on the way to Anaheim) * Drive to Anaheim * Check-in at hotel * Anaheim Portofino Inn and Suites 1831 S Harbor Blvd * Disney California Adventure Park Anaheim 8/12/14 – Tuesday * Disneyland with Magic Morning Los Angeles 8/13/14 – Wednesday * Universal Studios Hollywood * Hollywood Visitors Information Center * Hollywood Bowl * Hollywood Boulevard / Hollywood Walk of Fame * TCL Chinese Theatre * Hollywood Sign 8/14/14-Thursday * Beverly Hills * China Town * Cathedral of Our Lady of the Angels * Little Tokyo * Drop off Ting and Yuqing at hotel * Omni Los Angeles Hotel 251 South Olive St * Drop off rental car Other * Six Flags Magic Mountain * Outlet Mall * Beach * Buy drinks/water/milk for breakfast * Bring hat, swimsuit, and sunscreen Southern California CityPASS SeaWorld * General admission to the world-famous aquatic theme park including all rides and shows. * The voyage begins at SeaWorld. Connect with the sea like never before. Be awed by Shamu in...
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...What Is The Significance Of The Title Of The Novel ‘Roll Of Thunder Hear My Cry’? Mildred .D. Taylor wrote ‘Roll Of Thunder Hear My Cry’ in the 1970’s but she set the book in the 1930’s during the great depression in Mississippi. During this time segregation was the norm and violence towards non- white races was rife. This segregation was due to the American civil war between the north and south of the country. The title of the book comes from the Negro spiritual song sung back in slavery times to keep the morale of the slaves high. We hear Mr Morrison singing this in chapter 11 when he is on watch for the nightmen and the Wallaces. The lyrics say “whip in hand to beat me down but I aint gonna let him turn me round” this links to the theme of racial prejudice in the slavery times. This shows that the man is not just going to roll over and give up, but instead fight for his freedom. The phrase “ beat me down” also suggests that maybe the white man is not only beating him physically but mentally as well, putting the black man in his ‘place’. Another more recent act of defiance is when mama refuses to teach the racist white syllabus because she thinks it is not completely truthful and decides to teach her own version. One day, Harlan Granger, Kaleb Wallace, and another member of the school board come to Mama's class. They find how she has altered the textbooks to hide the word "negri" and they find her teaching "inappropriate" things. She is fired. This act of defiance towards...
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...the middle, because it does not look good there instead it should be on the top left corner of the page. Another thing that should be changed is the employee login. By having the selection there it makes it look really unprofessional and should be changed to be located on the navigational bar with the other selections. The reservation box located on top left corner will have to be moved towards the right side of the page the color for the box will have to be different. The actual color does not look good with the blue background, so it will have to be changed to light blue and the letters in black wish is a relaxing color, because the people that are looking for this web page is looking for a place to relax and have a nice and peaceful time. The color of the button “check rates” also will have to be changed to a different color. This color could be in white color with the letters in black color. The present color for the navigational bar is not a good color to have with this page. A good color to have for this type of navigational bar could be the light blue. When the mouse has been put on a navigation selection then a darker blue can be highlighting the selection desired. The font size for the navigational bar looks good. The...
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...purple pens Prior to adding red and purple pens to its lineup, Classic Pen’s Return on Sales was approximately 22%. However, producing the new colors has caused many time consuming changeovers, increasing production costs and decreasing the Profit Margin. Comprehensive Return on Sales has fallen from 22% to 13.5% (Exhibit 1). Blue and black pens are still generating a 21.6% and 22.6% return, while red and purple pens are operating at a loss, reducing both Net Income and Return on Sales. Classic Pen Company could easily restore its Profit Margin to 22% if it stopped making red and purple pens. Currently, red and purple pens are causing Classic Pen Company to lose money. If the company wants to continue to produce red and purple pens, it should increase the selling price of these colors, so the Return on Sales is equal to, if not greater than, that of the blue and black pens. However, Classic Pen Company should not continue to produce these additional colors at a loss, decreasing its Net Income and comprehensive Return on Sales. Classic Pen Company should immediately cease production on red and purple pens. It should continue to produce blue and black pens, but should not introduce any new colors to its lineup until it has calculated and analyzed the activity based cost for each proposed product and worked out a pricing structure that will allow it to maintain or increase its original 22% Profit Margin. Conclusion: My recommendation would be to invest in new technology to lower...
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