At the same time, there's a tremendous downside to the possibility of HS2 being created. We live in the 21st and the days of polluting the planet and worrying about it later are long gone. The international community is worried about the fate of the earth, and with good reason. Thus, all forms of new transportation need to be scrutinized in order to see if they will help or hinder the environment. This subject deserves the most careful critique as on the one hand -- any form of mass transit seems like it would be good for the environment as opposed to the single car driver. On the other hand, this is far too unique of a viewpoint to readily embrace. The supporters and leaders behind HS2 say that its fine for the environment, but this may not be the case. "However High speed rail may have higher emissions than indicated in the Act for CO2 guidance while we would think conventional fast trains 125 mph maybe lower the additional speed doubles the CO2 emitted. HS2 provide a huge variance in their predictions, their upper limit probably...
lower speed trains and assumes improved power generation average fuel mix" (Bluespace, 2010). This quote clearly reflects that the British community simply cannot greenlight this project until clearer numbers are offered about the impact the HS2 will have on the environment.
Fiscal policy is defined as a government spending policy that influences macroeconomic conditions (Investopedia, 2009). The business side of the Stimulus Act is essentially a tax policy in disguise, because the net effect of the stimulus is a reduction in taxes paid. However, the tax rate is not specifically addressed. On the individual side, the stimulus is strictly microeconomic in nature and is not policy related. It is essentially a
The intention of the Act was to stimulate consumer spending. It focused on lower and middle income Americans, who might be more apt to spend rather than invest or save their tax refund. In other words, a wealthier individual might not hesitate to make a large purchase at any time, regardless of tax policy. But a lower or middle class individual who had been putting off necessary repairs, payments, or
The theory was that by giving consumers tax rebates, aggregate demand could be increased. This in turn would, along with the corporate tax cuts, give firms more confidence to increase their own spending. When the bill was being drafted, the economy was not yet in a state of total devastation, but there were signs of a pending recession. By drafting a bill that would increase aggregate demand, it was
They may feel and actually be 'out of the loop' of office politics because they lack a physical presence in front of their colleagues and superiors. As Woody Allen once observed, sometimes the most important thing in life is just showing up. Additionally, not all telecommuting workers are conscientious about doing their work. Without the supervision of a living, breathing manager they may use the extra freedom to slack in
Economics: The State of the U.S. Economy Cousin Edgar, a global investor, is seeking to capitalize on the thriving gasoline industry and the rising world demand for oil by purchasing several gas stations in the U.S. market. Inspiring his interest is the high price of gasoline, which he reckons will rise even higher in the near future, thanks to the urbanization and industrialization currently being witnessed in the developing economies of
Stimulus Bill Political Communication Political Communication during the Stimulus Bill Debate In times of economic uncertainty and national emergency, the government has the capacity to make decisions that it believes will aid the country in its time of need. Such a time of need occurred in 2009 when the country continued to face an existence of dire economic circumstances involving national cash-flow and jobs. In order to set economic recovery into motion,
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now