Friday, February 28, 2020

Critically appraise the fiscal strategy of the UK Conservative-Liberal Essay

Critically appraise the fiscal strategy of the UK Conservative-Liberal Democrat Coalition government - Essay Example There is no plausible, consistent, or convincing measure that has been established to oversee national recovery by the coalition government. As a corollary, this paper will endeavour to critically appraise the fiscal strategy of the UK Conservative-Liberal Democrat Coalition government. To come up with a comprehensive and detailed appraisal, it is essential to revisit the genesis of the current financial woes in the UK and the rest of the world i.e. the global financial crisis. The first indicators of the global financial crisis were realized on August 2007. They developed progressively throughout the 2008. It was not until September/October 2008, that the full-blown effects of the crisis were realized. In this document, a succinct summary of the fiscal policy response strategies to the global financial crisis in the UK is given. An emphasis is given to the changes in those strategies after the shift of power from the Labour government to the Conservative-Liberal Democrat coalition. The Conservative-Liberal Democrat coalition took fiscal austerity stance in a bid to counter the financial woes in the UK. This was particularly evident in the emergency budget was produced months after the inauguration of the Conservative-Liberal Democrat coalition where public expenditure cut were projected and the declaration of a programme to eradicate the structural budget discrepancies for five years was made. In March 2008, the Treasury asserted that UK’s the economy was unwavering and flexible, was experiencing a steady growth, and that the country had the aptitude to deal with fiscal shocks swiftly and with minimum financial expenses (HM Treasury, 2008a: 2). This self-satisfied stance changed in September/October 2008 when major financial effects of the global crisis started being experienced. The Labour government established a strategy aimed at enhancing the episodically

Wednesday, February 12, 2020

An Overview of the USA Patriot Act, its impact on local law Research Paper

An Overview of the USA Patriot Act, its impact on local law enforcement, and the potential for net widening - Research Paper Example The patriot act aimed to address this by effecting drastic changes in its intelligence agencies. This enables them to work more efficiently by removing the barrier that impeded their work. The act also aimed to seal the loopholes that terrorist were using to their advantage making Americans vulnerable to terrorist attacks. The act reduced the restrictions that the agencies enforcing the law were facing during their endeavor of intelligence gathering in the country. The act also went further and increased the mandate of the treasury by giving the secretary in the department authority to control financial exchanges, and transactions in order to choke out the supply of funding for terrorist activities in the country (Scheppler, 2006). They especially emphasized on the transactions that foreigners made that were suspicious or had terrorist links. In addition, the immigration department was given the go ahead to deport or detain individuals who are suspected of being terrorist or are aidi ng terrorist acts through their actions. The act also delved into domestic terrorism by expanding the definition of the act in order to seal the loopholes that terrorist might exploit. Through this act, the intelligence agencies and law enforcers were unshackled from restrictions that would have impeded their fight against terrorism. The current administration has extended the mandate of the act in order to guarantee that the security of the US is safeguarded. The act has had a significant impact on law enforcement in that the agencies have been empowered to be able to carry out their duties efficiently, without coming into conflict with the law, or encroaching into the rights of individuals. The act has also widened the net of the intelligence communities to be able to thwart acts of terror on the US population. The act came about when the American government was pushed to act after a devastating terrorist attack