Prioritizing Policy On A State Government Essay - 1405 Words

Name Course Tutor Date Prioritizing Policy Issues in a State Government Since the great recession, most economies the US economy has gone five years without full recovery. The labor market and incomes of low-and middle class was severely affected, which later dented the growth of the economy. Nonetheless and somehow surprising, the recession was as a result of a shortfall in household economies and demand for goods and services, which would be solvable to avert such a situation Arguably the best summary measure to define today’s economy is the â€Å"jobs gap†Ã¢â‚¬â€the number of jobs necessary to restore prerecession labor market health. Filling the jobs gap would take more than three years of annual economic growth averaging at least 5 percent—growth rates that will not materialize without an abrupt change in fiscal policy. If the average monthly gains of 181,000 jobs throughout 2012 persist, this jobs gap would not close until 2019. In short, five years after the onset of the Great Recession, full economic recovery still remains years and years away. Unemployment is another symptom of the Great Recession. Here, unemployment stood at 7.8 percent in December 2012, more than three percentage points higher than the 4.6 percent average of 2006 and 2007. That is also higher than the peak unemployment rate following the recession of 2001, and equal to the peak rate following the recession of 1990–1991. Due this, increasing attention has been paid to those states that, despite the urbanShow MoreRelatedThe Oregon Health Services Commission1647 Words   |  7 Pageschanges took affect1. His death became the face of the problem over the debate of prioritized services. This essay will argue that cost-effectiveness analysis (CEA) is not a just procedure for prioritizing health services. 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He symbolized as sign of hope with promises of creating equality, prioritizing diplomacy over war, challenging corporate greed, generating jobs for rising unemployed, and reforming healthcare to provide coverage for all citizens. (creating equality) The presidential election of Barack Obama is easily one of the most momentous