A Journal opinion article Essay Example | Topics and Well Written Essays - 750 words - 1

A Journal opinion article - Essay Example The first three months of the year experienced decline in spending by domestic household in the United States as reported by the commerce department. The decline in consumption dropped from the estimated 3.6 percent to 2.6percent as the CNBC reported. The commerce department reported massive decline spending in crucial sectors, notably the service sector based on the report by CNBC, consumers decreased their spending in legal services, health care and more so in personal care. One of the major causes of the consumption decline could have been the new taxation law. The increase in the social security tax at the beginning of the year could have limited the extent to which households spend within the first quarter. The tax increase lowered directly the amount of income that households would take home at end of the day. After taxation, consumers were left with only meager income; these consumers choose to concentrate on basic commodities only (Morrissey 1). As opposed to earlier projecti ons that had showed increase in the amount export for first quarter, the latest report indicated otherwise. The department of commence statistics indicated that export decreased indeed to 1.1percent while imports also declined to 0.4 percent. The decrease in export translated to limited foreign currency at the disposal of the government for the country to trade with other countries. Consequently, the fall in imports resulted to decrease in foreign revenue. Both reductions in export and import negative effects on the country’s gross domestic product and contributed to the drop in the figure that had been projected for the first quarter to be 2.4percent (Morrissey 1). Amid concerns that the government was cutting its spending, consumers could have become more reserved in their spending. Government spending cut could lead to increase in the prices of commodities that had been earlier subsidized. A decrease in government’s spending could also result to households paying fo r basic services that were being catered for by the state prior to cut in spending. Vis a Vis the speculation of the government cutting its spending motivated a decline in consumption by consumers that further led to drop in the GDP of the first quarter. However, according to the wall street journal, the cut in governments spending which took effect in first month of the first quarter led to direct deduction of 0.9 percent off the growth rate (BBC 1). Due to economical globalization of the world, there existed unprecedented events all over the world that were bound to destabilize the projected GDP by department of commerce. Economic instability in states such as china and European countries could have contributed to gravitation of the united states GDP to 1.8 percent. With globalization, no single economy can exist in solitary in the 21st century. Hence, through globalization, the myriad of macroeconomics factors derailing the Chinese economy and euro zone states such as Greece adve rsely influenced the bilateral trade between these countries. The decrease in the annual economic growth of china triggered the decline in trade between the two countries. On the other hand, the worsening conditions of euro zone states such as Greece continued to shift trade further away from the European countries causing down surge in the amount of investments by Americans in the oversees (BBC 1). Though the department of com

Fire in vestegation proposel Essay Example | Topics and Well Written Essays - 1500 words

Fire in vestegation proposel - Essay Example The objectives of the study are: 1) review techniques and approaches used in the investigation of fires in facilities; 2) develop an approach for the investigation of fire in facilities; and 3) recommend good practices for the investigation of fire in facilities. According to Burgoyne (1982), fire investigations are conducted in various circumstances for various purposes. However, the sole objective is to determine the cause of fire. Fire investigation is best conducted like a scientific research project, where a hypothesis is formed and refined in steps. The process involves the collection of evidence. These results in conclusion that is in closest conformity with the evidence ascertained, and expressed in a report that is well constructed. Often, practical considerations may lead to curtailing of the process. However, the different sources and kinds of evidence require balanced attention. According to Kobes et al. (2010), a critical aspect of safety in a building is the possibility of safe escape in the event of a fire. Fire safety facilities must enable independent and adequate fire response performances by the occupants of the building. Practically, legal measures do not always provide support for people in burning buildings. This has necessitated the understanding of how individuals behave in the event of fire, and fire evacuation becomes essential. This enables bringing fire safety measures in line with occupants needs in the event of fire. Critical factors that determine occupants’ fire response performances include characteristics of fire; human beings; and buildings. Psychonomics has a significant influence on occupants’ fire response performances. The traditional approach to fire safety must be supplemented by scientific knowledge from the field. Critical factors that determine fire response performance include fire response performance; danger factor of fire; the human factor; and the