Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Saturday, October 1, 2016

President Obama's Weekly Address 10/1/16: It’s Time to Give Families Access to Paid Sick Leave

WASHINGTON, DC — In this week’s address, President Obama discussed the importance of ensuring that American families have access to paid leave. Today, millions of Americans do not have access to paid sick leave and have to face tough choices when their families face illness – choices that could risk their jobs or their health. The President has repeatedly called on Republicans in Congress to pass a law guaranteeing most workers the chance to earn seven days of paid sick leave each year. To this day, no action has been taken in the Republican Congress. But, that hasn’t stopped the President from taking action where he can to help more Americans access paid sick time, and starting January 1st, federal contractors will be required to give their employees working on new federal contracts up to seven paid sick days each year. That’s because paid leave isn’t something that just nice to have – it’s a must have.

Saturday, September 3, 2016

President Obama's Weekly Address 9/3/16: Building Upon the Legacy of Labor Day

WASHINGTON, DC — In this week’s address, President Obama commemorated Labor Day by highlighting the economic progress we’ve made over the course of his administration. Over the past seven and a half years, we've rescued our economy from another depression, cut our unemployment rate in half, and unleashed the longest string total job growth on record. The President said that although the country has made significant progress, there’s still work to do in the years to come. He emphasized that despite the boisterous political season, we must not lose sight of the policies that will actually help working families get ahead. President Obama said if we are going to restore the sense that hard work is rewarded with a fair shot to get ahead, we must build on the legacy of those who came before us – that means exercising our right to speak up in the workplace, to join a union, and to vote.

Saturday, April 16, 2016

President Obama's Weekly Address 4/16/16:Ensuring Our Free Market Works for Everyone

WASHINGTON, DC — In this week’s address, the President discussed important steps the Administration has taken to encourage competition – the most essential ingredient in a healthy free market. Right now, too many companies are engaging in behaviors that stifle competition, stacking the deck against consumers, workers, and small businesses. The President emphasized that this isn’t fair – and that’s why he is doing everything he can to reverse this trend and to promote more competition. The President said that’s also why his Administration is encouraging the FCC to open up set-top cable boxes to competition, which will allow for companies to create new, innovative, higher-quality, lower-cost products – because it’s good for workers, businesses, and our economy.

Saturday, January 30, 2016

President Obama's Weekly Address 1/30/16: Giving Every Student an Opportunity to Learn Through Computer Science For All

WASHINGTON, DC —In this week’s address, the President discussed his plan to give all students across the country the chance to learn computer science (CS) in school. The President noted that our economy is rapidly shifting, and that educators and business leaders are increasingly recognizing that CS is a “new basic” skill necessary for economic opportunity. The President referenced his Computer Science for All Initiative, which provides $4 billion in funding for states and $100 million directly for districts in his upcoming budget; and invests more than $135 million beginning this year by the National Science Foundation and the Corporation for National and Community Service to support and train CS teachers. The President called on even more Governors, Mayors, education leaders, CEOs, philanthropists, creative media and technology professionals, and others to get involved in the efforts.

Saturday, December 19, 2015

President Obama's Weekly Address 12/19/15: Top 10 Things that Happened in 2015

WASHINGTON, DC — In this week's address, the President celebrated the end of the year tradition of list-making with a year-in-review list of his own. The President offered his roundup of the top 10 things that happened in 2015, all of which should make us optimistic about the prospects for 2016. This past year has been one where we’ve seen unprecedented progress in areas ranging from the Iran deal to marriage equality to concluding a historic trade agreement. The year 2015 brought economic growth, with our unemployment rate dropping to five percent; the normalization of our relations with Cuba and a newly opened U.S. Embassy in Havana; and a historic agreement in Paris to take real action on climate change. The President acknowledged the significant progress of the past year, and looked forward to 2016 and all we have yet to accomplish.


Sunday, September 20, 2015

September 8, 2015 Middletown Township Committee Meeting

At the last meeting of the Middletown Township Committee back on September 8th, there were a few ordinances that were adopted to update a list of street names, allow the Middletown police to patrol the Bayshore Village, amend fees for the Registrar of Vital Statistics and to establish fees for passport services.

Two rather interesting discussions took place during the meeting concerning  possible changes to the township's zoning ordinances and the township's recycling program.

 The first discussion concerned whether or not the township should allow murals to be painted on the sides of residential homes or places of businesses. The talk circled around what would be considered appropriate "ART" and what could be considered as a sign or an advertisement and subjected to zoning ordinances.

There are currently township zoning regulations that address signage but there isn't anything in the statutes that pertains specifically to what a "mural" is. The concern of the township committee is that art is subjective and what could be seen as beautiful to some could be perceived as an "eyesore" by others and don't want murals popping up around town or up and down highways 35 & 36 unregulated.    

The second discussion concerning the township's recycling program would effect everyone in town. Due to the economic slow down in China and the relatively low cost of crude oil, the demand for recyclable material is at an historical low. Therefore the money that the township receives in return for recyclables is much lower today than in previous years. As a result, residents will need to be more aware of what "is" and what "isn't" recyclable. 

With single stream recycling, recyclable material doesn't need to be separated by residents before pick-up. Instead, the separation of materials take place at the recycling centers, where material that is considered garbage is sent to the landfill and good material is sent out for recycling. The township however gets a "charge back" by the processor for the garbage that is sent to the landfill which cuts into any money that the township received for its recyclable materials. 





As always, you can download a copy of the Meeting Agenda that contains the discussion items and the proposed resolutions and ordinances that were voted on or presented during the meeting. A box around an item is a link, bringing you further into the document to that resolution or ordinance. At the end of the resolution there will be a link bringing you back to the agenda. Attached to this agenda is also the monthly bill list, so that everyone can see how the Township is spending our tax dollars.

Saturday, September 12, 2015

President Obama's Weekly Address 9/12/15: A New College Scorecard



WASHINGTON, DC — In this week's address, the President announced the launch of a new College Scorecard, meant to help students and parents identify which schools provide the biggest bang for your buck. Designed with input from those who will use it most, the Scorecard offers reliable data on factors important to prospective students, such as how much graduates earn, and how much debt they have when they graduate. In an economy where some higher education is still the surest ticket to the middle class, the choices that Americans make when searching for and selecting a college have never been more important. That’s why the President is committed to making sure there exists reliable information that helps students find the college that best fits their needs so that they can succeed.

Saturday, April 25, 2015

President Obama's Weekly Address 4/25/15: Fighting for Trade Deals that Put American Workers First

WASHINGTON, DC -- In this week’s address, the President laid out why new, high-standards trade agreements are important for our economy, our businesses, our workers, and our values. These new trade deals are vital to middle-class economics -- the idea that this country does best when everybody gets their fair shot, everybody does their fair share, and everybody plays by the same set of rules. The President has been clear -- any deal he signs will be the most progressive trade agreement in our history with strong provisions for both workers and the environment. It would also level the playing field -- and when the playing field is level, American workers always win.

Sunday, January 18, 2015

President Obama's Weekly Address 1/17/14: State of the Union Is This Tuesday

WASHINGTON, DC — In this week’s address, the President recounted the stories of letter writers from around the country who will be joining him when he delivers his annual State of the Union Address this Tuesday: Carolyn, who was able to expand her small business through a Small Business Administration loan, and this year raised wages for their hourly employees; Jason, a wounded warrior who served in Afghanistan and is now back home with his wife and first daughter, born in November; and Victor, who affords his student loans with help from the Income Based Repayment Plan, and has health insurance because of the Affordable Care Act. Stories like theirs are proof of the progress our country has made. The President encouraged everyone to tune in Tuesday evening to hear more about America’s comeback, and the steps we can take to ensure all Americans – not just a fortunate few – benefit from our American resurgence.

Saturday, November 8, 2014

President Obama's Weekly Address 11/8/14: It’s Time to Help Women and Working Families



WASHINGTON, DC — In this week’s address, the President highlighted the progress our economy is making, and the commonsense policies that could make it even stronger by ensuring that everyone who works hard has the opportunity to get ahead, especially women and working families. This commitment has been a core part of the President’s Year of Action and a priority since the start of his administration, which is why he has put forth a range of policies that would help women and working families get ahead, from raising the minimum wage, to ensuring equal pay for equal work, to increasing access to high-quality child care and paid family leave. This week’s address follows remarks the President delivered on Friday at Rhode Island College, where he discussed the importance of harnessing our economy’s momentum by making policy choices that will help women and all working parents fully participate in and contribute to our economy.

Saturday, November 1, 2014

President Obama's Weekly Address 11/1/14: It’s Time to Help Women and Working Families

WASHINGTON, DC — In this week’s address, the President highlighted the progress our economy is making, and the commonsense policies that could make it even stronger by ensuring that everyone who works hard has the opportunity to get ahead, especially women and working families. This commitment has been a core part of the President’s Year of Action and a priority since the start of his administration, which is why he has put forth a range of policies that would help women and working families get ahead, from raising the minimum wage, to ensuring equal pay for equal work, to increasing access to high-quality child care and paid family leave. This week’s address follows remarks the President delivered on Friday at Rhode Island College, where he discussed the importance of harnessing our economy’s momentum by making policy choices that will help women and all working parents fully participate in and contribute to our economy.

Saturday, October 4, 2014

President Obama's Weekly Address 10/4/14: We Do Better When the Middle Class Does Better

WASHINGTON, DC — In this week’s address, the President highlighted that six years after the Great Recession, thanks to the hard work of the American people and the President’s policies, our economy has come back further and faster than any other nation on Earth. With 10.3 million private sector jobs added over 55 straight months, America’s businesses have extended the longest streak of private-sector job gains on record. But even with this progress, too many Americans have yet to feel the benefits. The President reiterated the vision he set out earlier this week for steps that can lay a new foundation for stronger growth, rising wages, and expanded economic opportunity for middle class families.

Saturday, September 6, 2014

President Obama's Weekly Address 9/6/14: Time to Give the Middle Class a Chance

WASHINGTON, DC —In this week’s address, the Vice President discusses our continued economic recovery, with 10 million private sector jobs created over the past 54 months. Yet even with this good news, too many Americans are still not seeing the effects of our recovery. As the Vice President explains, there’s more that can be done to continue to bolster our economy and ensure that middle class families benefit from the growth they helped create, including closing tax loopholes, expanding education opportunities, and raising the minimum wage.

Thursday, August 28, 2014

U.S. Economy Grew At Brisk 4.2 Percent In Q2

I'm posting this as a contrast to the previous blog post. The U.S. economy expanding and picking up steam. there many reasons why we should be happy and optimistic about the economy  heading into 2015.


From The Huffington Post via AP:

WASHINGTON (AP) — After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated. 
The upward revision supported expectations that the second half of 2014 will prove far stronger than the first half.

The Commerce Department's second estimate of growth for last quarter followed its initial estimate of 4 percent. The upward revision reflected stronger business investment than first thought.

The seasonally adjusted 4.2 percent annual growth rate for the gross domestic product — the nation's total output of goods and services — came after the economy had shrunk at a 2.1 percent annual rate in the January-March quarter. That was the economy's biggest drop since the depths of the Great Recession, and it reflected mainly the effects of a harsh winter that kept consumers away from shopping malls and disrupted factory production.

Many economists say they expect growth of around 3 percent in the current July-September quarter and for the rest of the year.

The government's upwardly revised estimate of business investment last quarter showed capital spending growing at an annual rate of 8.4 percent last quarter. That was sharply higher than the government's initial 5.5 percent estimate.

Ian Shepherdson, chief economist at Pantheon Macroeconomics, said the strength in business investment has likely extended into the current quarter, lending support to the economy.

In its second estimate of growth for last quarter, the government said companies' restocking of supplies contributed less than it had first estimated. But a higher trade deficit subtracted less from growth than initially estimated.

The downward revision in inventory building will likely help boost growth in the current quarter because it means that businesses may need to restock their supplies to meet demand....


Continue reading

Saturday, August 2, 2014

President Obama's Weekly Address 8/2/14: It's Time for Congress to Help the Middle Class

WASHINGTON, DC — In this week’s address, the President discussed the new monthly jobs report and the fact that our economy created over 200,000 new jobs in July for the sixth straight month – the longest streak since 1997. To ensure this momentum can be sustained, the President is pressing Congress to act to create jobs and expand opportunity from raising the minimum wage, to helping people pay back their student loans, to fair pay and paid leave. These are steps that would continue to make things better for the middle class, which has always been his priority. But Republicans in Congress have repeatedly blocked these important measures. As Congress is about to go on vacation, the President encouraged Americans to reach out to their elected officials and let them know that they must pass these measures when Congress returns to session. And in their absence, the President will continue to do everything he can, working with all stakeholders who are willing, to create jobs, strengthen our economy and expand opportunity for all Americans.

Saturday, July 26, 2014

President Obama's Weekly Address 7/26/14: Closing Corporate Tax Loopholes

WASHINGTON, DC — In this week’s address, the President continued his call for our nation to rally around an economic patriotism that says rather than protecting wasteful tax loopholes for a few at the top, we should be investing in things like education and job training that grow the economy for everybody. The President highlighted the need to close one of the most unfair tax loopholes that allows companies to avoid paying taxes here at home by shifting their residence for tax purposes out of the country. The President has put forth a budget that does just that, and he has called for business tax reform that makes investment in the United States attractive, and creates incentives for companies to invest and create jobs here at home. And while he will continue to make the case for tax reform, the President is calling on Congress to take action and close this loophole now.


Saturday, May 17, 2014

President Obama's Weekly Address 5/17/14: Working When Congress Won't Act .

WASHINGTON, DC – In this week’s address, the President discussed actions to expand opportunity for more Americans, with or without the help of Republicans in Congress, including his Administration’s efforts to cut red tape for major transportation infrastructure projects. In the coming days, the President will meet with business leaders to highlight the importance of bringing jobs back to America and will also discuss the economic benefits of making it easier for tourists to visit and spend money at attractions in the U.S., which in turn helps local businesses and grows the economy for everyone. The President has called 2014 a year of action, and he will continue to do whatever he can to continue to strengthen our economy, create jobs and restore opportunity for all.


Saturday, May 3, 2014

President Obama's Weekly Address 5/3/14: The President's Year of Action

WASHINGTON, DC – In this week’s address, the President provided an update on the work his Administration has done to strengthen the economy and expand opportunity for hardworking Americans in this Year of Action. While Republicans in Congress are setting records in obstruction, the President is making progress for the American people and has taken more than 20 executive actions since January.

The President vowed to continue taking action on his own wherever possible, but underscored that much more progress could be made if Republicans in Congress were less interested in stacking the deck in favor of those at the top, and more interested in expanding opportunity for all.



Saturday, April 5, 2014

President Obama's Weekly Address 4/5/14: The President’s Budget Ensures Opportunity for All Hard-Working Americans

WASHINGTON, DC — In this week’s address, the President highlighted the important differences between the budget he’s put forward – built on opportunity for all – and the budget House Republicans are advocating for, which stacks the deck against the middle class. While the President is focused on building lasting economic security and ensuring that hard-working Americans have the opportunity to get ahead, Republicans are advancing the same old top-down approach of cutting taxes for the wealthiest Americans and slashing important investments in education, infrastructure, and research and development.

Saturday, March 29, 2014

President Obama's Weekly Address 3/29/14: Raise The Minimum Wage - It’s The Right Thing To Do For Hardworking Americans

WASHINGTON, DC— In this week’s address, Vice President Biden discusses the importance of raising the federal minimum wage. It’s good for workers, it’s good for business, and it would help close the gender pay gap, as women make up more than half of the workers who stand to benefit from a raise. And as the Vice President highlights, Congress should boost the federal minimum wage because it is what a majority of the American people want.