Posts Tagged ‘us economy 2011’

United States the Richest Nation

united states the richest

 Which nation is the richest? Recent statistics show that the United States has a highly disproportionation rate of wealthy individuals than anywhere else in the world. These stats also state that to be included in the top 1% of the world’s richest is fairly easy for your average American. To be part of this top [...]

Should Child Labor Be Legal

Should Child Labor Be Legal

According to the United Nations Children’s Fund (UNICEF), there are around 158 million children worldwide, aged between five and fourteen who are engaged in some form of labor activities.  While article 32 of the United Nation’s Convention on the Rights of the Child states that “the right of the child [is] to be protected from [...]

Donald Trump is Not Republican

Donald Trump is Not a Republican

Donald Trump is Not Republican   Donald Trump, the real estate mogul  previously flirted with a 2012 Republican nomination bid after months of leading on the media, party officials, and voters. Through a series of interviews, debates, and his own book, it was heavily thought Donald Trump would finally jump into the political arena, however [...]

Accounting Receivables

Accounting Receivables

Receivables   Receivable – right to receive cash in the future on a current transaction   Creditor- one who gets a receivable Debtor- one who takes on a receivable   Accounts receivable (trade receivable) – serve as control account Notes Receivable Control Account- an account in the general ledger that summarizes all related subsidiary accounts [...]

Accounting Internal Control

Accounting Internal Control

Internal Control and Cash   Internal Control- organizational plan and all the related measures that are designed to safeguard assets, encourages employees to follow company policies, promote operational efficiencies, ensure accurate and reliable accounting records.   Safeguard assets- protecting its assets   Encourage employees to follow the company policies- allows results to be measured effectively [...]

D.C. Teen Unemployment at 50%

d.c. teen unemployment at 50%

The Employment Policies Institute, or EPI, using and analyzing data from the United States of America Census Bureau calculated a figure that shows a dismal reporting number for the nation’s capitol, Washington District of Columbia’s teenager unemployment levels. Teenagers as put in the range between sixteen and nineteen in the District of Columbia has a [...]

Moody’s Maintains U.S. AAA Rating, S&P May Downgrade U.S. Institutions and States

Moody's Maintains U.S. AAA Rating, S&P May Downgrade U.S. Institutions and States

Despite Standard and Poor Credit Rating Agency knocking down the United States Credit rating down a notch from their previous AAA rating to a AA+ rating,  rival credit rating agency,Moody’s Investor Services, has maintained the United States AAA rating.   Steven Hess, a Moody’s Investor Service analyst responding to Moody’s latest analysis and decision to [...]

1 in 3 Chance U.S. is Downgraded Another Notch

1 in 3 Chance U.S. is Downgraded Another Notch

Just days after Standard and Poor Credit Rating Agency downgraded the United States Credit rating from their AAA rating to an AA+ rating, the first downgrade ever in the United States of America’s history, there is already talks of another notch reduction.  The United States government has been warned to watch for another downgrade within [...]

Panera Robin Hood Restaurants Rise

Panera Robin Hood Restaurants Rise

In some Paneras and other restaurants across the nation, a new pricing policy has begun to take shape amidst a weakened economy that has many consumers struggling. Instead of telling customers their total, some locations are having the clerks instead give their customers suggested donation amounts.   Part of a new program that some have [...]

Congress to Vote on U.S. Debt Deal

Congress to Vote on U.S. Debt Deal

Congressional leaders in the United States House of Representatives and Senate are looking to vote on a claimed Bipartisan U.S. Debt Deal . This new U.S. Debt Ceiling bill would raise the United States Debt Ceiling and implement large spending cuts, while addressing the large U.S. deficit and work towards cutting it.   Instantly the [...]