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Back To Work (book)
''Back to Work: Why We Need Smart Government for a Strong Economy'' is a 2011 non-fiction book by former United States President Bill Clinton. Praise appeared in publications such as the ''Los Angeles Times'' and the ''New York Journal of Books'', while publications such as ''The Guardian'' published more mixed reviews. Contents Clinton writes that the American government faces considerable challenges that it is fundamentally struggling to deal with, problems affecting culture and society as well as the current economy. He argues that Americans "have to get back in the future business." He specifically blames a mindset articulated by ideological conservatives and their allies in the modern Republican Party, particularly those connected to the Tea Party movement, for emphasizing cutting government spending and lowering regulations over what he sees as pragmatic government actions that create economic growth and prosperity. Rather than having an inherently anti-government mindset ...
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Bill Clinton
William Jefferson Clinton ( né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and again from 1983 to 1992, and as attorney general of Arkansas from 1977 to 1979. A member of the Democratic Party, Clinton became known as a New Democrat, as many of his policies reflected a centrist "Third Way" political philosophy. He is the husband of Hillary Clinton, who was a senator from New York from 2001 to 2009, secretary of state from 2009 to 2013 and the Democratic nominee for president in the 2016 presidential election. Clinton was born and raised in Arkansas and attended Georgetown University. He received a Rhodes Scholarship to study at University College, Oxford and later graduated from Yale Law School. He met Hillary Rodham at Yale; they married in 1975. After graduating from law school, Clinton returned to Arkansas ...
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Late 2000s Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. The ...
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Presidency Of Bill Clinton
Bill Clinton's tenure as the 42nd president of the United States began with his first inauguration on January 20, 1993, and ended on January 20, 2001. Clinton, a Democrat from Arkansas, took office following a decisive election victory over Republican incumbent president George H. W. Bush and independent businessman Ross Perot in 1992. Four years later, in 1996, he defeated Perot again (then as the nominee of the Reform Party) and Republican nominee Bob Dole, to win re-election; in neither ballot did he obtain a majority of the popular vote. Clinton was succeeded by Republican George W. Bush, who won the 2000 presidential election. The nation experienced an extended period of economic prosperity during the Clinton presidency. While the economy remained strong, his presidency oscillated dramatically from high to low and back again, which historian Gil Troy characterized in six Acts. Act I in early 1993 was "Bush League" with amateurish distractions. By mid-1993 Clinton had ...
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Grammy Award For Best Spoken Word Album
The Grammy Award for Best Spoken Word Album has been awarded since 1959. The award has had several minor name changes: * In 1959 the award was known as Best Performance, Documentary or Spoken Word * From 1960 to 1961 it was awarded as Best Performance – Documentary or Spoken Word (other than comedy) * From 1962 to 1963 it was awarded as Best Documentary or Spoken Word Recording (other than comedy) * From 1964 to 1965 it was awarded as Best Documentary, Spoken Word or Drama Recording (other than comedy) * In 1966 it was awarded as Best Spoken Word or Drama Recording * From 1967 to 1968 it was awarded as Best Spoken Word, Documentary or Drama Recording * From 1969 to 1979 it was awarded as Best Spoken Word Recording * From 1980 to 1983 it returned to the title of Best Spoken Word, Documentary or Drama Recording * From 1984 to 1991 it was awarded as Best Spoken Word or Non-Musical Recording * From 1992 to 1997 it was awarded as Best Spoken Word or Non-Musical Album * From 1998 to 20 ...
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55th Grammy Awards
The 55th Annual Grammy Awards were held on February 10, 2013, at the Staples Center in Los Angeles honoring the best in music for the recording year beginning October 1, 2011 through September 30, 2012. The show was broadcast on CBS at 8 p.m. ET/PT and was hosted for the second time by LL Cool J. The "Pre-Telecast Ceremony" was streamed live from LA's Nokia Theater at the official Grammy website. Nominations were announced on December 5, 2012, on prime-time television as part of "The GRAMMY Nominations Concert Live! – Countdown to Music's Biggest Night", a one-hour special co-hosted by LL Cool J & Taylor Swift and broadcast live on CBS from the Bridgestone Arena in Nashville, Tennessee. Fun, Frank Ocean, Mumford & Sons, Jay-Z, Kanye West and Dan Auerbach received the most nominations with six each. Gotye and Kimbra won the Record of the Year for "Somebody That I Used to Know", becoming the second Australian and first New Zealand act to win the award. Mumford & Sons won the A ...
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Audiobook
An audiobook (or a talking book) is a recording of a book or other work being read out loud. A reading of the complete text is described as "unabridged", while readings of shorter versions are abridgements. Spoken audio has been available in schools and public libraries and to a lesser extent in music shops since the 1930s. Many spoken word albums were made prior to the age of cassettes, compact discs, and downloadable audio, often of poetry and plays rather than books. It was not until the 1980s that the medium began to attract book retailers, and then book retailers started displaying audiobooks on bookshelves rather than in separate displays. Etymology The term "talking book" came into being in the 1930s with government programs designed for blind readers, while the term "audiobook" came into use during the 1970s when audiocassettes began to replace phonograph records. In 1994, the Audio Publishers Association established the term "audiobook" as the industry standard. H ...
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National Commission On Fiscal Responsibility And Reform
The National Commission on Fiscal Responsibility and Reform (often called Simpson–Bowles or Bowles–Simpson from the names of co-chairs Alan Simpson and Erskine Bowles; or NCFRR) was a bipartisan Presidential Commission on deficit reduction, created in 2010 by President Barack Obama to identify "policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run". The 18-member Commission consisting of 12 members of Congress and six private citizens,Jackie CalmesPanel Seeks Social Security Cuts and Higher Taxes ''New York Times'' (November 10, 2010). first met on April 27, 2010. A report was released on December 1, 2010, recommending a combination of spending cuts (including an increase in the Social Security retirement age and cuts to military, benefit, and domestic spending) and tax increases (including restricting or eliminating certain tax credits and deductions and increasing the federal gasoline tax). The Commission's reco ...
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Profit (accounting)
Profit, in accounting, is an income distributed to the ownership , owner in a Profit (economics) , profitable market production process (business). Profit is a measure of profitability which is the owner's major interest in the income-formation process of market production. There are several profit measures in common use. Income formation in market production is always a balance between income generation and income distribution. The income generated is always distributed to the Stakeholder (corporate), stakeholders of production as economic value within the review period. The profit is the share of income formation the owner is able to keep to themselves in the income distribution process. Profit is one of the major sources of economics , economic well-being because it means incomes and opportunities to develop production. The words "income", "profit" and "earnings" are synonyms in this context. Measurement of profit There are several important profit measures in common use. ...
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ExxonMobil
ExxonMobil Corporation (commonly shortened to Exxon) is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon and Mobil, both of which are used as retail brands, alongside Esso, for fueling stations and downstream products today. The company is vertically integrated across the entire oil and gas industry, and within it is also a chemicals division which produces plastic, synthetic rubber, and other chemical products. ExxonMobil is incorporated in New Jersey. ExxonMobil's earliest corporate ancestor was Vacuum Oil Company, though Standard Oil is its largest ancestor prior to its breakup. The entity today known as ExxonMobil grew out of the Standard Oil Company of New Jersey (or Jersey Standard for short), the corporate entity which effectively controlled all of Standard Oil prior to its breakup. Jersey Standard grew a ...
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Internal Revenue Code
The Internal Revenue Code (IRC), formally the Internal Revenue Code of 1986, is the domestic portion of federal statutory tax law in the United States, published in various volumes of the United States Statutes at Large, and separately as Title 26 of the United States Code (USC). It is organized topically, into subtitles and sections, covering income tax in the United States, payroll taxes, estate taxes, gift taxes, and excise taxes; as well as procedure and administration. The Code's implementing federal agency is the Internal Revenue Service. Origins of tax codes in the United States Prior to 1874, U.S. statutes (whether in tax law or other subjects) were not codified. That is, the acts of Congress were not separately organized and published in separate volumes based on the subject matter (such as taxation, bankruptcy, etc.). Codifications of statutes, including tax statutes, undertaken in 1873 resulted in the Revised Statutes of the United States, approved June 22, 1874, eff ...
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Medicaid (United States)
Medicaid in the United States is a federal and state program that helps with healthcare costs for some people with limited income and resources. Medicaid also offers benefits not normally covered by Medicare, including nursing home care and personal care services. The main difference between the two programs is that Medicaid covers healthcare costs for people with low incomes while Medicare provides health coverage for the elderly. There are also dual health plans for people who have both Medicaid and Medicare. The Health Insurance Association of America describes Medicaid as "a government insurance program for persons of all ages whose income and resources are insufficient to pay for health care." Medicaid is the largest source of funding for medical and health-related services for people with low income in the United States, providing free health insurance to 74 million low-income and disabled people (23% of Americans) as of 2017, as well as paying for half of all U.S. births i ...
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Medicare (United States)
Medicare is a government national health insurance program in the United States, begun in 1965 under the Social Security Administration (SSA) and now administered by the Centers for Medicare and Medicaid Services (CMS). It primarily provides health insurance for Americans aged 65 and older, but also for some younger people with disability status as determined by the SSA, including people with end stage renal disease and amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease). In 2018, according to the 2019 Medicare Trustees Report, Medicare provided health insurance for over 59.9 million individuals—more than 52 million people aged 65 and older and about 8 million younger people. According to annual Medicare Trustees reports and research by the government's MedPAC group, Medicare covers about half of healthcare expenses of those enrolled. Enrollees almost always cover most of the remaining costs by taking additional private insurance and/or by joining a public Part C or P ...
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