Thursday, February 27, 2020

The Tenth Amendment acts as a limit on Congressional powers Essay

The Tenth Amendment acts as a limit on Congressional powers - Essay Example This research will begin with the statement that Thomas Jefferson called the Tenth Amendment â€Å"the foundation of the Constitution†. Historically, the amendment was designed to limit the powers of the federal government, a concern highlighted by the tyrannical rule of King George III of England. While the wording of the amendment is simple and seemingly precise, its historical significance--and modern interpretation and use--continues to be a source of debate regarding its true meaning and intent. This paper will attempt to clarify questions regarding its interpretation, the current actions of the states to push back federal intrusion and, finally, the role of the United States Supreme Court in deciding these important matters. Ratified in 1791, The Tenth Amendment works to limit Congressional powers and guarantee that the states have primary control over matters that directly affect their citizens; over time, however, this clarification has eroded. The amendment expressly states that â€Å"powers not delegated† to the new federal government must be left to the states to decide. While the original intent is clear, however, its interpretation has been widened beyond the expressed attempt to limit federal intrusion. The debate continues in 2010 regarding the boundaries of the amendment’s authority. More recently, we can find U.S. Supreme Court cases addressing the powers of the Tenth Amendment. In 1995, the Court ruled that Congress overstepped its power by passing the 1990 Gun-Free School Zones Act.

Monday, February 10, 2020

Microeconomics Essay Example | Topics and Well Written Essays - 500 words - 9

Microeconomics - Essay Example by Geoff Colvin discusses the state of affairs of the US economy and how globalization is affecting it. This essay summarizes the findings of the article as well as providing a critical analysis of the potential recession in the United Stats. One of the major factors that has spin a downturn for the US is the weakening of the housing market which caused consumers to diminish their overall spending. The house boom of the last decade was partly created to the ability of the American citizens to obtain very cheap financing which allowed the people to gain equity and have confidence to continue to spend. The money was readily available for financing purposes because a large number of nation internationally were saving a lot of money and plenty of dollars that came from international trade, while the American citizen was spending money madly. The typical American citizen six to eight years ago had a debt to equity ratio of one to one, now this number has shifted to ratio of close to 1 to 0.72 to implying that the persona debt is much higher the equity. When people’s credit is capped out no more money can come in to economy in the form of loans since the citizens do not qualify for additional credit. Another major factor in which the international community is affecting the US economy is in the job market. Many multinational firms are staying away from the United States as a potential investment location due the higher cost of labor in the United States. There are new emerging economies competing for the new jobs of the knowledge economy of our century that provide competitive advantages to the US labor costs. One of these economies is the India who has the second highest population in the world. India is using an economic model based on exporting services for the lucrative IT industry. The Chinese economy has become the dominant manufacturing based economy in the world which hopes that the United States does not fall into a recession since