David Cameron Economic Policies Economics Essay

David Cameron Economic Policies Economics Essay In 2008, the British economy was facing recession. The manufacturing and construction sector were experiencing a slump in to their profitability, while the service sector was not growing. David Cameron took over as the Prime Minister of Britain, in the year 2010. The Prime minister introduced the deficit -reduction strategy as his main policy of improving the British economy (Faulconbridge and Matt, 2). The economy reacted passively, with a minimal increase of its GDP, which stood at 1.1%. In 2011, the economy did not peak, though there was a reduction in the governments budget deficit, due to the austerity measures of David Cameron government. In 2012, the British economy experienced a slump in growth. The nations budget deficit grew to 11%. The GDP of the country fell by a margin of 0.7% in the year 2012. This is attributed to the amount of money the government spent in hosting the Olympics. However, David Cameron defended the move arguing that the construction will give the country an approximate amount of 13 billion pounds, over the next ten years. This paper analyzes the David Cameron policies on economic development in Britain. It analyzes the results of these policies, and the public reaction to the policies. It draws a conclusion on whether David Cameron is enacting the right policies that are beneficial to the British, over a long period of time. The Cameron government has enacted policies of dealing with budget deficits, and government debts. In the financial year of 2010/2011, the Conservative government introduced an emergency budget that was aimed at reducing the structural deficits of the countrys budget. The government agreed to reduce its spending to about 6 billion pounds. This policy by the Cameron government is referred to as austerity policy. Austerity policy refers to measures a government takes in order to reduce its deficit, and they are in the form of reducing government spending. The government does this by reducing the money in spends in providing services to its citizens (Faulconbridge and Matt, 2). This also includes the benefits it pays to its civil service, and other groups within the country. For instance, in 2010, Chancellor of Exchequer, George Osborne came up with a review of government spending. The Chancellor estimated a cut of an approximate value of 81 billion pounds over the next four years. This amounted to 19% of budget reduction in every department of the government. The government announced a seven billion pound reduction in welfare spending, and housing benefits. The government increased pension contribution of public sector employees, and a cut of 7% financial contributions to all local councils in England. The Office of the budget responsibility announced that these measures will lead to a loss of thousands of jobs. These austerity policies faced resistance in England. The labor party is the main critic of these policies by David Cameron, and it suggests an increase of taxation to the rich, for purposes of reducing the deficits (Faulconbridge and Matt, 6). However, the David Cameron government opposes this move, and suggests a cut in the welfare spending of the state. Cameron removed taxes that generate money which is used to provide local services, and reduce the amount of money Britons pay on rail fair. He faced criticism from the middle class people, but he justified this action by stating that it will prevent a cut in medical and school services. Due to the policies, the British economy is emerging out of recession. However, economists project a weak economy and uncertainty over its growth in the next coming years. The inflation rate is 2.7%, and therefore reduces the disposal income of the various households in Britain. However, this figure reduced by a margin of 2.5%, as compared to 2011. In 2011, inflation stood at 5.2%. In the corporate business environment, there are mixed results in terms of profitability (Faulconbridge and Matt, 6). For instance Halfords corporations, a bicycle manufacturer reported a drop of 23% of its revenues, while Arcadia, a clothing retail company posted a profit of 25%. The British government is of the opinion that the economy is stabilizing, despite these figures (Flanders, 4). Basing on this, David Cameron is right in initiating the deficit-reducing strategies. This is because moving away from the strategy and increasing government borrowing will result to recession in future, and increase government debts (Flanders, 3). Increased borrowing will make the make the British economy to the vulnerable to the Eurozone crises, leading to recession. It is therefore better to initiate policies that will improve the economy, even if the short term consequence is not beneficial. In the long run, the economy will generate jobs, and the government will have enough money to improve the welfare of its citizens.

Lux target audience Essay

First Male Brand Ambassador – Shahrukh Khan (female following) Lux — derived from the word luxury – has always used successful film actors of the time such as Madhubala, Hema Malini, Kareena Kapoor to endorse the product. Leader in the marketplace (14.4%) – Lux has been facing intense competition from Wipro Consumer’s Santoor (8.8%) and ITC’s Vivel and Fiama di wills which have been gaining market share much faster. -Started off as a feminine skin and beauty soap in 1925. -Focuses on external beauty (fine fragrances) – can play with fragrances idea -Targets typical Indian mindset of outer beauty (more ‘active’ stance on beauty) -An aspiration for every girl living in rural area – uses personalities from the silver screen, which makes it an inspirational brand -Uses Bollywood connect to communicate the same (movie-loving target audience) -Theme – Combination of style and romance Demographic: Gender – Female Age – 16 – 35 Income – Middle Income Group. Targets the urban and semi urban upper middle class and middle class segment of the population, who falls under A to C of SEC Target Area – Urban and Semi urban – Middle and Upper Middle Class Lifestyle: – Frequent movie watcher (genre – romantic) (can use Multiplex as the media) – Liking for fragrance – Day Dreamer? – Advertisement driven – Status conscious – Looks conscious – Liking for new clothes – Advertiser’s beloved Influencer – Retailer can be the influencer. Recent: Signed Sonam Kapoor and Dhanush as Brand Ambassadors. Change in positioning? The brand is slowly moving away from a beauty soap for a star to a soap for couples. While the overarching Lux celebrity quotient has remained intact since 1929 when Leela Chitnis promised smooth skin through Lux, the brand positioning has shifted. Good to know: -Many variants -Labelling – prominent, female model -Introduced Mini Lux for Rs. 5 (45gms.) Not sure whether it is available in the market now. -Lacks unisex appeal

Ban the Box Argumentative Essay

With America being the land of opportunity, the U. S has presented quite a few disadvantaged Americans’ with not so many opportunities. Especially those people of who have been arrested for a criminal crime. This also includes freshly released from prison, probation and/or parole. A study in 2012 shows with one in four Americans in the United States today, have been arrested. (Solomon). That same study shows most Americans being arrested at the age of twenty three. This poses dilemmas as for employment breaks. Another disadvantage that comes to play is the initiative filling out the form of employment (The application).On that application for employment; reads a box that states criminal history, arrests previous to applying, also asks you to report any form convictions and the natures of the crimes. That little box tends to be not only discouraging to an applicant trying to better ones selves, but it also prevents reestablishing, and rehabilitating. From whatever it is they un dergo. From whatever might lead up to that background. Whether it is drugs addictions or reasons they performed those crimes, such as a way of survival.Thank fully enough that’s where Ban the Box Act comes into play. This is an act, which removes those horrible anxieties and pressures when applying for employment opportunities. Ban the box should be a federal law because it enables people to find recovery in the job market and not return to crime, and it also puts income back into America that could be used for more imperative issues to this country; also disables employers from discriminating against the job seeker; by seeing that box checked on a form of application for employment.Originally originated in California; Ban the box yet is involved in over 43 cities in America as of 2012 reports NELP (National Employment Law Project)(see NELP). Minnesota was the first state to apply this bill. It also narrows employers’ liability for criminal records (NELP). Incentives a re now being offered, and insurances to prevent as much liability for employers taking the risk of employing offenders, such as a tax break/credit.Delaware for example is trying to allow a grace period of time hired, and if performance is not acceptable then they may use the criminal history as a termination of employment. Although recently denied by congress in July 2012(BJS. Gov), it should be a federal law nationwide. With prison and or jails being the most highly funded besides Medicare in the country (Katel), it’d definitely lead to less recidivism to institutions which would put the funds to more imperative things; such as children’s education amongst many more federally applicable prospects.With incarceration rates in the United States higher than any other country in the world, and it’s one of those most funded as well (Katel). Besides Medicare the prison system alone in 2008 showed that it sucks up the most state funded money. An astonishing state cover age of $22,000 yearly (Katel). With the United States almost exceeding count of 22 million of Americans’ institutionalized in some kind of jail and/or prison system. As of 2011, (Solomon) each year over 12 million people are admitted to local jails, and more than 700,000 are admitted to state and federal facilities.The United States has less than 5% of the world’s population but almost a quarter of its population is prisoners! (Solomon) About three fourths of a million of those prisoners or inmates will be released from the institution that they are in. Within a three year period, almost more than half of them will return to jail or prison due to committing either new or relevant crimes (Kamel) for ways of survival or violating the community corrections program they were obligated to.These include not just parole, also probation or drug court. The easiest way of violating one of the community programs above is employment. It is not just a suggestion; it’s a requ irement to remain to one’s freedom. Which is uncovered challenging, and in this day and time nearly unrealistic! Not only due to today’s economy; also due to that bad choice(s) or a criminal history can make finding employment difficult. NIJ (National Institute of Justice) found that a criminal record reduces the likelihood of a job or offer by over 50%! Solomon) With another study showing that 92% of employers use some sort of background check. With any kind of simple arrest or criminal history (even if it didn’t lead to a conviction. ) that shows quite a problem. So being on a community corrections program and the conditions of the job employment is very discouraging to more than half of those sentenced to these programs. Recidivism is bound to occur for most unfortunately.

My Understanding Of Family Life And The Meaning And...

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