Unemployment in the US Essay Example For Students

Unemployment in the US Essay I chose these indicators because all are something that ordinary people deal with every day. All of us have control over our own spending and how far into debt we go. If we are not making the salary we want then we are free to look for a new job or an additional job. There is also the possibility of going back to school to raise your educational level in order to get a better job. This may, of course, put us deeper into debt. We are in debt as a country, and as individuals, but with the economy as strong as it is people have no qualms about going deeper into debt. There are increases in delinquency rates on consumer loans, record numbers of bankruptcy filings, and an increasing share of income devoted to paying interest on debt. These are signs that some households are becoming overextended. In this paper I discuss bankruptcy, consumer credit, inherited wealth and the difference in the way some generations handle debt. Personal income, installment debt and unemployment are coincident or lagging economic indicators or both. By many measures the US economy is very healthy, but increasing consumer debt and personal bankruptcies raise concerns about the future. We will write a custom essay on Unemployment in the US specifically for you for only $16.38 $13.9/page Order now Credit card debt is higher than ever, and personal bankruptcies soared in 1995 and 1996 (Silverman 1997). Over 10% of Americans are expected to declare bankruptcy during the 1990s unless the trend changes, and there is no longer public scorn for those who file bankruptcy (Darlin 1997). Consumer credit remains readily available despite rising bankruptcies. This trend is attributed to a credit-friendly social policy which requires credit to be extended without discrimination. Furthermore, easy credit is needed to allow consumers to buy goods. The lending business also remains lucrative. To manage risks, financial institutions resort to diversification and risk shifting. The cost of bankruptcy is also incorporated in the cost of credit (Lykins and Plankenhorn 1996). The post baby-boom group known as Generation X is accumulating a great deal of debt, mostly through credit cards. The average credit card balance of households headed by someone under 25 nearly doubled from 1990 to 1995. There seems to be little desire among these people to live within their means (Shenk 1997). However, young people who can establish good credit will reap numerous benefits. A good credit record can provide young consumers with access to financing, thus enabling them to make purchases that they otherwise would not be able to make. In addition, good credit can enhance young people=s chances of getting good jobs. Borrowers who pay on time and in full may be able to convince potential employers that they are responsible and can manage their own finances (Shafer 1997). However, missed payments on bank credit card debt reached a new high of 2.13% of outstanding credit card debt in the 4th quarter of 1997. The American Bankers Association reported a decline in the percentage of accounts more than 30 days overdue during the quarter, although there was a rise in the percentage of loaned dollars delinquent. Consumer debt represents about 20.6% of disposable income (Kingson-Bloom 1998). The debt-service ratio can be used as an accurate predictor of future consumer spending growth or a source for explaining aggregate consumer spending. Furthermore, the ratio of debt service to income, if analyzed together with other economic indicators, will reveal future income growth. This ratio analysis is beneficial to financial service institutions as through this, they can determine debt payment capacities of clients (Murphy 1998). On the whole the Generation Xers have a gloom and doom attitude towards money, and maybe with good reason. .u2c097e11c92f9d13a0c721d752d27517 , .u2c097e11c92f9d13a0c721d752d27517 .postImageUrl , .u2c097e11c92f9d13a0c721d752d27517 .centered-text-area { min-height: 80px; position: relative; } .u2c097e11c92f9d13a0c721d752d27517 , .u2c097e11c92f9d13a0c721d752d27517:hover , .u2c097e11c92f9d13a0c721d752d27517:visited , .u2c097e11c92f9d13a0c721d752d27517:active { border:0!important; } .u2c097e11c92f9d13a0c721d752d27517 .clearfix:after { content: ""; display: table; clear: both; } .u2c097e11c92f9d13a0c721d752d27517 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u2c097e11c92f9d13a0c721d752d27517:active , .u2c097e11c92f9d13a0c721d752d27517:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u2c097e11c92f9d13a0c721d752d27517 .centered-text-area { width: 100%; position: relative ; } .u2c097e11c92f9d13a0c721d752d27517 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u2c097e11c92f9d13a0c721d752d27517 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u2c097e11c92f9d13a0c721d752d27517 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u2c097e11c92f9d13a0c721d752d27517:hover .ctaButton { background-color: #34495E!important; } .u2c097e11c92f9d13a0c721d752d27517 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u2c097e11c92f9d13a0c721d752d27517 .u2c097e11c92f9d13a0c721d752d27517-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u2c097e11c92f9d13a0c721d752d27517:after { content: ""; display: block; clear: both; } READ: Underlying Themes in the Works of James A Michener Essay Social security will probably be out of money by the time they reach retirement age and most feel that they will never be out of debt, so they live life as such. Money conflicts in relationships are reflective of society=s growing insecurity about its financial future. America is turning into a fatalistic culture. This negativity is based on economic conditions that contradict the once prevalent belief of never-ending prosperity. The United States= stalled economy, mind boggling national debt, and the prospect of the collapse of the Social Security system have left many Americans terrified about their ability to make ends .

À Condition Que Takes the French Subjunctive

Condition Que Takes the French Subjunctive The phrase condition que (provided that)  is one of a long list of what are called French conjunctive phrases, which usually introduce a subordinating clause in a sentence. A conjunctive phrase is a group of two or more words that usually ends in  que  and is often a  subordinating conjunction  linking a subordinating clause to the main clause. Close to half of such conjunctive phrases used  as subordinating conjunctions, including condition  que,  require a subjunctive verb to convey their meaning: Je lachà ¨terai condition que tu le prennes.Ill buy it provided that you take it. The subjunctive  mood  is used to express actions or ideas that are subjective or otherwise uncertain, such as will/wanting, emotion, doubt, possibility, necessity and judgment. Subjunctive  is nearly always found in dependent, or subordinate, clauses introduced by  que  or  qui. Conjunctive Phrases The phrases below with * take a subjunctive verb. Those with ** take the formal, more literary ne explà ©tif, which is a ne  negation without the pas. condition que*  Ã‚  provided that afin que*  Ã‚  so that ainsi que  Ã‚  just as, so as alors que  Ã‚  while, whereas mesure que  Ã‚  as (progressively) moins que**  Ã‚  unless aprà ¨s que  Ã‚  after, when supposer que*  Ã‚  assuming that au cas oà ¹Ã‚  Ã‚  in case aussità ´t que  Ã‚  as soon as avant que**  Ã‚  before bien que*  Ã‚  although dans lhypothà ¨se oà ¹Ã‚  Ã‚  in the event that de crainte que**  Ã‚  for fear that de faà §on que*  Ã‚  in such a way that de manià ¨re que*  Ã‚  so that de mà ªme que  Ã‚  just as de peur que**  for fear that depuis que  Ã‚  since de sorte que*  Ã‚  so that, in such a way that dà ¨s que  Ã‚  as soon as en admettant que*  Ã‚  assuming that en attendant que*  Ã‚  while, until encore que*  Ã‚  even though jusqu ce que*  Ã‚  until parce que  Ã‚  because pendant que  Ã‚  while pour que*  Ã‚  so that pourvu que*  Ã‚  provided that quand bien mà ªme  Ã‚  even though/if quoi que*  Ã‚  whatever, no matter what sans que**  Ã‚  without sità ´t que  Ã‚  as soon as supposà © que*  Ã‚  supposing tandis que  Ã‚  while, whereas tant que  Ã‚  Ã‚  as long as vu que  Ã‚  seeing as/that Additional Resources The Subjunctivator!Quiz: Subjunctive or indicative?Expressions with