State Compensation Insurance Fund

Question 1) Oregon vs. Smith, is a United States Supreme Court case that determined wither or not the state could reject unemployment benefits to a person fired for violating a state’s narcotic prohibition, even if the use of the drug was part of a religious ritual. Legally states have the right to accommodate some illegal acts done in pursuit of religious beliefs, but they are not required to make accommodations. This made The Supreme Court decision a major event in Native American religious…

developed country. Prescription drugs only represent 12 percent of total health care costs in the United States, but the rising prices of those drugs is an issue that keeps reoccurring not only for patients, but for prescribers, payers, and policy makers. There are people that believe that the rise in price of these drugs is appropriate, but if they keep on rising in price, the United States will start suffering not only financially but medically. Despite a lot of other aspects of the economy…

Family and Medical Leave Act (FMLA) “Employees on FMLA leave are protected against the reduction of force unless the employer can prove that the employee would have lost their position if not on FMLA leave status” (HRhero). Uniformed Services Employment and Reemployment Rights Act (USERRA). USERRA requires employers to reinstate returning members of military services to the jobs. If the military employee had not received protected by USERRA, the employer would not hold their position. To…

To make something “universal”, whether it’s medical care, health insurance, or ice cream cones with sprinkles on top, is bound to have a profound impact throughout the economic web (Jacobs and Sprague 3). The issue of universal health care taking over the present health care system has become a heated topic all over America today. Those in favor of universal health care claim it is a basic right of citizenship that will help fix America’s failing health care system. However, most Americans do…

profit. In “Why is Poverty Moving to Americas Suburbs”, hopes of securing an extension of unemployment benefits for 1.3 million long term jobs Americans took a blow. . . when Congress was unable to reach an agreed regulation for the Unemployment Compensation Program. Although there is still a chance that the program will resolve- the earliest that Congress will revisit the legislation is at the end of January. When I was 18, I worked at a taqueria and an ice cream shop. I eventually found…

Income tax refers to the tax levied upon the income earned by an individual. Income tax was first introduced in Great Britain in the year 1799 by the then Prime Minister, William Pitt, to fund the war against Napoleon. One of the first countries to follow the United Kingdom and impose income tax was the United States which levied it to pay for the Civil War. In Australia, income tax was introduced by the Commonwealth in 1915 to support the country's World War I effort. Who is a taxpayer?…

These agencies and their “varying rules and standards led to certain entities not being regulated at all, with others subject to less oversight than their peer financial firms organized under different charters” (Morrison & Foerster, 2010, p. 6). After the financial crisis, analysts pointed to the “many regulatory failures” and gaps in oversight as the reason unethical and illegal practices were overlooked or ignored (Madrick, 2010, para. 3). As a result, the provisions set out by…

The FairTax Act: a Revolutionary Idea
 Dissatisfied with the current tax code, Americans are ready for change. The FairTax proposal is a plan designed to address the weaknesses in the current code, to provide relief for individuals and corporations, and to stimulate the economic growth of America. With the FairTax plan, people will no longer pay Social Security Tax, the Medicare Tax, corporate income taxes, the death tax, the self-employment tax, the alternative minimum tax, the gift tax, or…

The United States has a mixed economy, we are both capitalist and socialist. Sweden also has a mixed economy, being mostly socialist with aspects of capitalism. 7. The four phases of a business cycle are contraction, expansion, peak and trough. Contraction is the…

latter refers to the veaiew that neoliberalism is a political project, primarily designed to re-establish the conditions for capital accumulation and bring back power to economic elites. Ferguson elaborates that unlike liberalism which considered the state and private realms to be separate, neoliberalism blurs this boundary: ‘neoliberalism puts governmental mechanisms…