Essay about The Detriments of the Welfare System - 2478 Words

During the 1960’s when I was growing up, children always came after marriage. If a woman had a baby out-of-wedlock, her family would frequently be disgraced. More often then not she would marry the baby’s father, but somewhere between then and now, things changed. Today, having a baby out-of-wedlock has become very acceptable. As a matter of fact, being unemployed, unmarried, or poor is no longer a concern. That is to say, expectant mothers can depend on government support if they are income eligible. The first problem associated with these programs is that for a large number of these women and their families’ welfare has turned into a long-term dependency. The second dilemma is that their welfare lifestyle has created many of our nation’s†¦show more content†¦The problem is that this need has progressively developed into a chronic dependency, very similar to an addiction. While it arguably makes perfect sense for these women to use the system to their advantage, the real issue is that many of them are actually abusing it. For example mothers on welfare continue to have more children without any concern about taking financial responsibility for supporting them. Neither do they identify or marry the father. The truth is that welfare was not intended as a long term solution but as a temporary fix to help people during hard times. Regrettable women, in particular, become trapped within this system and here is where the system has failed. Hence, one of the intentions of the â€Å"family cap† is to discourage this obvious dependency on welfare. Historically, public assistance was created to help prevent many of our nation’s social problems. It started with the Social Security Act of 1935. This act included a comprehensive welfare system that according to Kelly J. Gastley was not only a â€Å"financial safety net for poor and needy Americans† but also the â€Å"center of great political controversy.† The ADC, Aid to Dependent Children was one of the programs created by the Social Security Act. It was intended to help widows and provide support for their families. According to Michael Tanner and Tad DeHaven, by 1956 â€Å"600,000 families were receiving welfareShow MoreRelatedEuropean Competition Law And Policy1335 Words   |  6 Pagesfoundation. First, this essay will give a brief outline of competition and the significance of competition law and policy. Subsequently, this essay will give an explanation of the values behind European competition law and policy, which are consumer welfare, economic eff iciency and economic freedom. The values will incorporate Articles 101 and 102 TFEU along with reference to the Chicago school of competition analysis and ordoliberalism. Competition occurs in a free market economy where firms will endeavourRead MoreWelfare-Friendly Practices in Farming741 Words   |  3 Pagesfarming. Livestock and poultry producers face a tremendous amount of pressure from the public to introduce environmental standards and welfare-friendly practices into their farming. Farmers, in response, often go beyond the demands and expectations in order to meet consumers requests. However, Siegford et al (2008)show through various examples that animal welfare and environmental stewardship may be projects that have opposite objectives. One example is the high fiber diets of pasture-based dairyRead MoreThe World Organizational And Industrial System Essay1701 Words   |  7 PagesINTRODUCTION The world organizational and industrial system since inception has undergone and improves organizational and industrial system. Looking at the premises of the organizational management and theoretical bases of industrialization, many scholars and indeed critics are of the view that it is organization centered concept. That is, it pays much emphasis on the efficient and goal attainment of the organization. This led to emergence of neoliberals in the sphere of industrialization whichRead MoreThe New Jim Crow : Mass Incarceration Essay1401 Words   |  6 Pages Michelle Alexander’s book, The New Jim Crow: Mass Incarceration in the Age of Colorblindness, examines mass incarceration in the United States, why the criminal justice system works the way it does towards minorities, the detriments associated with mass incarceration as it relates to offenders, and much more. In the introduction of her book, Alexander immediately paints the harsh reality of mass incarceration with the sto ry of Jarvious Cotton who is denied the right to vote among other rights becauseRead MoreThe Implications of Current Child Policy for the Welfare of Children1466 Words   |  6 PagesThe Implications of Current Child Policy for the Welfare of Children Children in the United Kingdom are key consumers of social policy. They consume a vast amount of the many services provided by this Country. Services such as health care through Doctors, hospitals and clinics, the education system which is largely devoted financially to the schooling of young people, and also the social security system which is stretched by children whose parents are in need of income Read MoreEssay on Religion and the Development of the Western World1109 Words   |  5 Pagesand this feeling was reflected in their religion. The great gods of the day were unconcerned with human welfare. They were in control of the forces of nature and were the source of authority for the rulers. Both inspired fear and veneration in the populace and the people created lesser gods as guardian intercessors to assuage the insecurity of their world. Although the Sumerians developed systems of writing and mathematics, the use of these arts was restricted to an elite upper class while the majorityRead MoreReligion and the Development of the Western World1065 Words   |  5 Pagesthis feeling was reflected in their religion. The great gods of the day were unconcerned with human welfare. They were in control of the forces of nature and were the source of authority for the rulers. Both inspired fear and veneration i n the populace and the people created lesser gods as guardian intercessors to assuage the insecurity of their world. Although the Sumerians developed systems of writing and mathematics, the use of these arts was restricted to an elite upper class while the majorityRead MoreInfluence of Colonialism in Africa and Latin America Essay519 Words   |  3 Pagesderive the benefits and detriments. Political development in both Africa and Latin America relys quite heavily on the institutions introduced by imperialists. Boahen claims that the introduction of a new beauracracy and a new judicial system into Africa as a beneficial social impact. The republican form of government adopted in Latin America are similar to the bureaucracies adopted in Africa in the sense that both have been adopted from similar western political systems which were put forth toRead MoreSocial Security During The United States1518 Words   |  7 PagesSocial Security in the United States I. Introduction Social security in the United States is a federal system run by the Social Security Administration to provide monetary benefits, or welfare, to citizens who are retired, unemployed, or disabled. In 1935, President Franklin D. Roosevelt enacted the Social Security Act which limited the dangers of old age, unemployment, disability, and families with dependent children within the United States during the great depression. In order to obtainRead MoreThe Linguistics Of Color Blind Racism1262 Words   |  6 Pagesstopped doing. Ah, welfare system got to be very, very easy. And I’m not saying all, there’s many, many white people on welfare that shouldn’t be. But if you take the percentage in the tri-city country area, you will nd that the majority are white, but all you see is the black people on welfare, but it’s a graduation up: : : Thirty years ago they started it and they continued it, and they continued it, and they continued it. And it was easier to collect we!, ah, ah, you now, welfare from the state rather

Analysis of I Am the Grass - 1707 Words

Analysis of I Am The Grass Daly Walker has written a story about a doctor who is haunted by the shame and guilt he carries with him from the atrocious acts he committed while serving in the army; acts so horrible that he cannot speak of them. The story depends on his use of three literary elements: setting, plot and symbolism. He has never told his wife and daughter anything about the time he spent as a grunt with the 25th infantry in Vietnam even though the horrible memories are with him all the time. He loves his wife and daughter and wants them to believe he is a good man even though he doesn’t believe it. He feels that he is two people fighting within himself. On the outside, he appears to live a comfortable life as a physician and†¦show more content†¦Then the plot takes us on his journey back to Vietnam on a trip to repair the cleft palates and lips of children on whose land â€Å"he once wreaked havoc, whose parents and grandparents he murdered†, the people he stills holds contempt for deep inside himself. At their first meeting, it is contempt that he feels toward Dr. Lieh Viet Dinh, the director of Khanh Hoa Hospital. This doctor was also in the war. He was a surgeon for the North Vietnamese. He was taken prisoner by the South Vietnamese Special Forces who starved and tortu red him, eventually cutting off both of his thumbs. He can no longer perform surgery or even eat with chop sticks because he has no thumbs. The narrator becomes immersed in his work on the children and after the first week realizes he is beginning to like the nurses and doctors in the operating room. His feelings of guilt and ambivalence are replaced by a sense of good will and atonement, â€Å"as if Vietnam and I were two bad people who had unexpectedly done something nice for each other.† While he was performing surgery during this first week, Dr. Dinh, came every day to observe him. The plot takes an unexpected turn when Dinh asks him to transplant one of his toes onto his hand to make a thumb. The surgery is finally agreed upon and performed. Sadly, the surgery is not successful and the transplanted toe has to be removed. He is not able to undo or repair all the damage done by the warShow MoreRelated An Analysis of Walt Whitmans Song of Myself Essay778 Words   |  4 Pa gesAn Analysis of Walt Whitmans Song of Myself `Whitman was always asking questions. He believed that lifes goal or cause was a mystery. He was surrounded by people who were drawing distinct lines between right and wrong, rejecting the things in the universe that were not a direct ticket to holiness. Whitman, unlike his contemporaries, embraced the beauty of everything. His mystical perception of the world ushered in the idea that God was to be found in every thing, and that He couldRead MoreDeath Is Death And The Idea Of Death1290 Words   |  6 Pagesheaven, so, the male character doesn’t cry out to her in her death (Poe s Poetry summary and analysis). The male character also accuses others for her death stating that everyone wished her illness and effectively killed her by her. Guy de Vere’s anger stems from the idea that Lenore died much too young by referring to her as the â€Å"dear child† who â€Å"died too young† (Poe s Short Stories summary and analysis). It is worth noting that ther e is a contrast between â€Å"The Raven† and â€Å"Lenore† where in â€Å"Lenore†Read MoreCosmopolitan s : Myth Or Truth?1531 Words   |  7 Pagesplaces and no one outwardly judges each other in a harsh manner. 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The Role of the Media in the Violation of Children’s Rights Free Essays

â€Å"Children have the right to reliable information from the media †¦.. [which]†¦. We will write a custom essay sample on The Role of the Media in the Violation of Children’s Rights or any similar topic only for you Order Now . should not promote materials that could harm [them]. † (UNICEF, 1991). There is hardly any restriction placed on the dreadful things that the media has to offer and so children these days have easy access to all that they should not be seeing or hearing in the media. This simply means that the media are not playing their role where protecting children is concerned. In today’s society where the mass media convey all form of negativity whether on the television, internet, videogames or even the radio, members of society need to become aware of what the younger generation are being influenced by so that values that are taught are not lost easily. The media violate the rights of a child by exposing them to crime and violence, giving them access to sexually explicit content and by creating a false sense of reality in which they believe almost everything they see. The media expose children to crime and violence on a daily basis. This is so because everyday at least child watch the television, listen to the radio, play video games or surf the internet. Huesman (1986) as cited in Kundanis (2003) is of the view that children with poor academic skills are more aggressive and are the ones who watch more violence on the television. It is believed that violence in the media leads to aggressive behaviour. (Abel, 2005, Huesmann, 1986 as cited in Kundanis, 2003 Johnson, 1998). All of these authors believe that if children are exposed to violence in the media it will have a negative impact on them in which they will become aggressive. Children who behave aggressively tend to carry this behaviour with them to adulthood and sometimes cause damage to those around them. According to Johnson (1998), children act out what they see in the television. Most of the things that children act out are the negativities. These include smoking, killing, fighting and killing just to name a few. According to Johnson (1998) many believe that the parents are the ones to be blamed for children being exposed to crime and violence in the media. However parents can do so much and no more to put a stop to that. This is because, not all the time will they be around to monitor their children’s watching habits, the type of music they listen or the websites they visit. It is agreed that the can play a part in limiting it but not to the full extent. It is the media’s responsibility to protect children from materials that could harm them (UNICEF, 1991), however they are not playing their part and so children are at risk. Children need to be protected against anything that will in anyway seize their ability to grow up with the necessary morals and values. Being exposed to pornography will in some way hinder that. Based on a research done by Ybarra and Mitchell (2005) 90% of the children between the ages of 12 and 18 have access to the internet. The more access a child has to the internet, the more exposed he or she is to the internet. Once the internet connection is there, sexually explicit contents are just a click away. Most times when children are surfing the net a pop-up screen window appears telling them that they have won the lottery or sometimes it is in the form of something very attractive. This is to persuade them so that they will be curious about what is happening on their screen. While some will ignore it, there are others who will venture further into it not knowing what they are getting themselves into. Most of these things lead to pornographic contents. Children are unintentionally being exposed to sexual contents in the media (Ybarra Mitchell, 2005). Most children log on to the internet with no intention of viewing porn however ends up doing just that. The media continues to exploit children’s rights by exposing them to pornography on the internet, in films and televised programmes (Media Code of Conduct, 2005). Even though the media commit themselves to ensuring that they do not violate children’s rights they are failing in the process. Children believe what they see on the media, whether it be true or false. This is because the media produces many things that appear to be real. Children look to certain television characters as their role model, whether they star in a movie, a television show or something of the sort. However, what they fail to realise is that most of the time what their role models are portraying is not necessarily a good thing. To children what is seen on the television is a representation of reality (Baran, McIntyre Meyer, 1984). Therefore actions like smoking are acceptable and the amount they see on the television is normal because television is reality. According to Berger (2008) seeing is believing, so what a person believe is tied to what they have seen. Therefore when a child sees something he or she is confident that it exists. Seeing enables them to ascertain with their own eyes that it is in fact the truth. Even though the Media Code of Conduct states that they commit themselves to ensuring that the media does not violate the rights of a child, very little is done to prevent that. This is so because children are still being exposed to all the negativities that the media offers. Greater emphasis needs to be placed on protecting children from the dangers that are present in the media. This will enable every child to live a healthy lifestyle which they truly deserve. It is in fact the media’s role to fulfil their promise of protecting children from the harm and dangers that they offer. How to cite The Role of the Media in the Violation of Children’s Rights, Essay examples

Investment Management Cost Management

Question: Discuss about the Investment Managementfor Cost Management. Answer: Annualized standard deviation is given by standard deviation multiplied by square root of twelve. Australian = SD x 12 = 4.9 x 12 = 16.97 International = 5.5 x 12 = 19.05 Sharpe ratio is a way of measuring risk adjusted return on an investment. = (annual return T bill)/ standard deviation Australia = (10.58 1.02) / 4.9 = 1.95 International = (11 1.0) / 5.5 = 1.82 Tracking error is comparison between a portfolio and benchmark. = square root of observed frequency x active standard deviation Australia = (5 x 12) x 2.8 = 2.1 International = (5 x 12) x 2.5 = 19.36 Information ratio = mean of active return / standard deviation) x square root of number of years Australia = (-0.05 / 2.8) x 60 = -0.138 International = (-0.1 /2.5) x 60 = -0.31 According to the equity exposures, Australia did not perform well. The standard deviation was larger than the international value indicating there were larger swings in return series. The Sharpe ratio showed that Australia was able to have better returns in view of the risks that they experienced. The international community did not do well in this front as demonstrated by their lower ratio. Australia performed poorly as compared to the bench mark. On the other hand the international was very okay. The tracking error was low for Australia than the international. The information ration for Australia was lower which signals a poor performance. Annualised return = (1 + R) years 1 30 June 2010 2012 Australian = (1 75) 2 1 = 5475 Bench mark = (1 - 4003)2 -1 = 16 016 003 30 June 2012 2015 Australia = (1 76)3 1 = 421 874 Bench mark = (1 5452)3 1 = 1.619e11 Australia performed well just like the benchmark. The annualised return increased tremendously for 5 years. This can be attributed to the active management system that is in place to deal with most of the investments. The indexing strategy adopted is not very good this has affected the performance. Another strategy is required to replace index strategy. They also might have had incompetent managers who might have not been able to control the swings. They need to look into a change of management style and system. The investment using private equity fund approach may not be working under the circumstances. Clearly, a different one should be adopted. The calculations above indicates poor performance of the fund. All comparisons with the international and bench mark shows Australia fund is lagging behind. There is need to have a closer view and overhaul every aspect like management, the fund approach, index method etc. the index funds are good since they provide estimates and are ratios which can be used for comparisons of many aspects of a countrys economy. The comparison can be extended to inter countries. The disadvantage that makes such funds inappropriate are that it tends to leave out many things pertaining to the economy. This subsequently leads to an underestimation of the growth economic wise in a country. Actively managed funds offer a disadvantage in that there is constant engagement which then makes it possible to detect any shortfalls or downward trends which can be corrected in time before the fund is depleted. However, this method has several overheads which are not good and may affect the overall performance in that it utilises a substantial amount of the fund. The actively managed funds have performed better than the index fund in Australia. This can be observed from the annualised returns when viewed from the 2010 to 2015. Based on the figures obtained I would certainly root for the active fund because of its eminent advantages and outstanding performance in Australia. The growths are real and one can easily predict them. For the last five years i.e. 2010 2015, the growth style adopted which is active currency hedging was adopted. The equity exposures in Australia did not perform well meaning this style is wanting. The trustees surely need to go for the value style. It is superior to the one that was used and it can promote tangible economic growth in Australia. The investment of inflows is indeed a major issue from the analysis. It does not allow the proper flow of funds to all the sectors where they might be required within the shortest time. The inflow system should be greatly enhanced so that no sector is suffocated of funds. There should be constant monitoring of the trickling down effects of the funds to detect any shortfalls or any obstacle that might delay the flow. Adding value to an active management is important and requires appointment of managers to head various aspects of the economy. It also demands that investment be made on short term things that can give quick returns and be adjusted accordingly. Constant monitoring is crucial to seal any loopholes that might arise in this porous style. In a situation where the bond points are changing in an unprecedented fashion like is expected in this system the only way out is to adopt an index strategy that is flexible so that the shocks are well taken care of without harming the economy per se. In the Australian fixed interest risks are very common leading low annualised returns if not well managed by managers. Australian and international property is also quite expensive and has suffered a lot form the recent experiences, the management cost has been sky rocketing leading to excesses. Private equity is very unpredictable and cannot be easily correlated with other classes. It can therefore be hectic trying to draw comparisons and parallels of its performance. The alternative would be value added form which promotes management and injects fresh impetus into the whole investment. The next is index management which is very stable and is suitable for comparisons with other sectors and inter countries (Clinton, Van der Merwe, 2006). Managers A has done exceptionally well in terms of the results that he has put forward. For instance, the reported annual dividend is higher (4.51%) signifying good profits for the investment chosen. The fully flanked dividend was quite stable during manager As period. Fund managers should try a combination of value addition and active management. This will enable them to have better control of the investment, the trickling effect will be very high and there will be good monitoring and comparison of the investments in many fronts van der (Merwe, 2011; Clinton, Matuszewski, Tidrick, 2011). References Clinton, D., Matuszewski, L.,Tidrick, D. (2011). "Escaping Professional Dominance?". Cost Management. New York: Thomas Reuters RIA Group (Sep/Oct). Clinton, D., Van der Merwe, A. (2006). "Management Accounting - Approaches, Techniques, and Management Processes". Cost Management. New York: Thomas Reuters RIA Group (May/Jun). Friedl, G., Hans-Ulrich, K., Burkhard, P. (2005). "Relevance Added: Combining ABC with German Cost Accounting". Strategic Finance (June): 5661. Sharman, A. (2003). "Bring on German cost accounting". Strategic Finance (December): 29. Kilger, W. (2002). Flexible Plankostenrechnung und Deckungsbeitragsrechnung. Wiesbaden, Germany: Gabler GmbH. van der Merwe, A. (2011). Presentation at IMA's annual conference - Managerial Costing Conceptual Framework Session. Orlando, FL: Unpublished.