Wednesday, March 2, 2011

U.S economic growth slower than thought!

SOURCE: http://www.vancouversun.com/business/economic+growth+slower+than+thought/4346606/story.html

SUMMARY:
            This article is about economic growth in the U.S, which has not met the expectations. The recession has hit the U.S very hard and now is recovering from it. Economists have been predicting a better growth for the U.S economy but the stats have shown us that the economic growth is not meeting the expectation. Gross domestic product growth was down to an annual rate of 2.8%.The report show that Federal Reserve’s are concerned that the pace of growth remained too slow to significantly lower a 9.0% unemployment rate. Also consumer spending which is more than two-thirds of U.S. economic activity has grown 4.1% in the final three months of 2010 instead of 4.4%. It was still the fastest since the first three months of 2006. But there are concerns that surging crude oil prices could hurt consumer spending and slow the economy’s recovery.

CONNECTION:
        The economic growth of U.S has been improving a little bit but the recession had a huge effect. This topic is a very big deal because the U.S is a has a very big and strong economy with helps other countries like Canada and Mexico. With the economic growth not meeting expectations, it also will affect other countries. Though this article does not personally affect me it still affects my country and my countries economy. As a consumer I have been buying less due to the recession and so have many other people. With the increase in crude oil more people will cut their spending.   

REFLECTION:
        The economy of the U.S must be strong, because it is the world’s most powerful economy. Though Canada’s economy is not suffering as bad at the U.S we still had our ups and downs. The stats showed us that U.S still needs sometime to grow and become the economy before the recession. Though it is going to be hard because crude oil products are increasing and consumer spending is decreasing. The unemployment rates cannot go down either because the stats are not meeting expectations and more jobs are not becoming available. Therefore the rates are going to drop and not meet the economist predictions.
                                                         

Monday, January 17, 2011

ALARM OVER WAITING LISTS HAS RING OF AN AGENDA


SUMMARY:

In this article it talks about the wait time for a surgery in Canada and how they have because very long. Fraser Institutes was doing its annual survey and came to the conclusion that the first time in 4 years waiting list are getting longer. Though the population is growing and aging and more surgeons have been added the taxpayer’s health care system is struggling to keep up. Two different surveys show that B.C is doing okay but that still isn’t good enough. Mark Rovere says that the politicians stick to the awful system instead they should help the patient in the wait list suffering mentally and physically. One of the reasons that the system is crashing is because of the tax cuts.

CONNECTIONS:

        This article talks about wait times and that is a difficult topic. I can relate to this article because I have researched this topic and have seen how rough the wait times are. Surgery wait times can take up to 1 to 3 days and some times even more. The tax money is low and yet we can not increase it. Equalization payments should be provided but in this case it doesn’t seem like the tax payers are getting their moneys worth. They have to wait in long line ups for a surgery, even when they pay there taxes. The government should provide equalization to the tax payers.


REFLECTION:

        I have been in a wait list and it is horrible. You are in pain and yet you can not do anything. I have also researched this topic and seen both sides of the story. We can not increase taxes, even though we are low and we don’t want to wait in a wait list for a surgery we need. That is why the government should make the two tired method which will allow the patients who can afford to get there surgery to pay for it and get. We would be getting more money and shorting the wait list. The other patients would still get there surgery. Also the government would be giving equalization payments.

Thursday, November 4, 2010

APPS? THERE'S A CLASS FOR THAT

SOURCE:http://www.theprovince.com/technology/Apps+There+class+that/3768352/story.html?cid=megadrop_story

SUMMARY:
                        This article talks about apps for iPhone and other electronic devices. Since the iPhone or itouch has been made millions of apps have also been made. Apps have taken over our lives. Since people use a lot of apps the University of Regina has started to offer a course that teaches students how to write applications for smart technology. In the article is said "There's tens of thousands of apps being created and some of the people who make them are making millions of dollars from one simple idea". There are millions of apps in the world and they only cost a couple of dollars to get them.

CONNECTION:
                             This article is related to supply and demand. Everyone wants to get apps for there iPhone or other electronic devices. There is a high demand for applications so people with ideas have started to make applications to profit from it. iPhones are very popular at this moment and you need applications to make the iPhone more interesting and fun. most i phones have about 10-15 applications, some may even contain more. Now there are classes to teach you how to make an application. anyone can make and application which will add to the supply product and cut down on the demand.

REFLECTION:
                
          I have and I touch and have many applications on it. When I search though the applications some of the applications seem to be useless. For example I found an app that guess your age. it gives you a lot of numbers and you tell you pick yes or no then it tells you how old you are, also one app tell you how many days you have been on earth, you just punch in you birth date and it give you the amount of days you been on earth. Personally I don't think we need that many applications. Now that there is a school that teaches you how to make an application there will be more useless application.


Monday, September 20, 2010

LAWYERS FOR TAMILS ARE RUNNING OUT OF FUNDS!

SOURCE:
http://www.Vancouversun.com/news/Lawyers+Tamils+running+funds/3537302/story.html

SUMMARY:

           This article was published by the Vancouver Sun, the topic for this article is the Lawyers For Tamils Migrants Are Running Out Of Funds In early September a ship full of Tamil migrants reached Vancouver shorelines. There were about 490 migrants on this ship.These migrants have been staying in correctional facilities. The government have has sent aside 1.5 million for immigration cases this year, but they got 490 more immigrants than expected. The lawyers have to represent the federal courts as well as the Tamil migrants. The society is in discussions with the federal Department of Justice for additional funding.
Another option is to appeal to the Federal Court to issue an order that additional public funds are given.The government is also blocking some of the released migrants.

CONNECTION

              The main idea of this article is related to scarcity. scarcity is a limited resource, the money the government has sent aside for immigration was 1.5 million and in this past month had 490 migrants. The money is becoming scarce. the 1.5 million covers about 700-800 new migrants. The money is spent on the lawyers, court cases, and food and shelter for the migrants. 75 migrants had also arrived in Vancouver last year and had but the immigration budget in trouble. The government is predicting that is a year or two another Tamil ship will arrive at Vancouver putting again the immigration budget is trouble.

REFLECTION

          I already knew about the Tamil ship that had arrived in Vancouver, but I did not know about the financial problems. The Tamil migrants have made the money for immigration scarce. This problem is kind of predicable, because 490 people are going to have a lot of cost, for example, their health, food, and shelter.I think the Tamil's should get every chance to succeed. My ancestors are not from Canada they are from India. They boarded a ship for Canada but back then the Canadians didn't let them in so they were sent back to India. Even though the money is scare i think it will be a good investment, because the migrants will work and pay taxes which will even out the cost we are spending now.