Word: economyã
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Reflecting on Harvard’s internship search process, which for many juniors started as early as last fall, reveals how absurdly stressful recruiting is. “Blame it on the economy?? is the present mantra: an exogenous scapegoat for the tribulations of recruiting. However, structural failures in the Office of Career Services’ “On-Campus Recruiting” platform are presently more detrimental to the system’s efficiency at pairing applicants and employers. And thus, each year, many qualified applicants are left offer-less, and even students who do manage...
...economy??s woes in the past two years have trickled down to the nation’s top law firms, which have had to significantly reduce the number of entry-level hires. The changed legal job market—complete with job deferrals, offer rescindments, and reduced salaries—has upped the anxiety level among Law School students, many of whom had anticipated multiple offers and relative job security upon graduation...
...blame, on Wall Street today; it is President Obama who is public enemy number one. Quite a few executives and high-ranking government officials have targeted the Obama administration’s involvement in the banking industry and in the auto industry as hurting, rather than helping, the economy??s recovery. According to them, the markets should self-regulate à la Adam Smith’s “invisible hand.” President Obama, owing mostly to his modest roots and his adoption of the philosophy that government has a place in preventing people from...
Beyond faulty economic theory and policy, the documentary also details how hundreds of billions of dollars clouded the judgments of banks, brokers, and insurance companies, encouraging the predatory processes that led to the economy??s ultimate collapse. While policy was made in Washington and the major financial players operated in New York City, American taxpayers bore the brunt of the downturn, losing their homes to foreclosure and repossession and being asked to bail out the institutions that devastated them in the first place...
...ideas are rare because other people have already had them. In the office hang copies of our studies, which include “A Connecticut Assessment of State Income Taxation: Fueling Government, Stalling the Economy??; “Fifteen Years of Folly: The Failures of Connecticut’s Income Tax”; and “Save Connecticut’s Financial Future: Eliminate the Income Tax.” I’d say we’ve covered the income...