Homework Set 10 Essays

Homework Set 10 Essays Homework Set 10 Essay Homework Set 10 Essay Sherisse’ Woodley C. Williams Macroeconomics 23 July 2013 Homework Set 10 1. List the four categories of unemployment. * Fictional * Structural * Cyclical * Seasonal 2. What measurement tool constructed by the Bureau of Labor Statistics is used to measure changes in the level of prices of goods and services? Consumer Price Index (CPI) 3. Who would benefit from unanticipated inflation –lenders or borrowers? Why? Who would benefits from anticipated inflation –lenders, borrowers, or neither? Why? Lenders will benefit from unanticipated inflation because they can rise interest and make more money.Bowers will benefit from anticipated inflation because they had time to plan. 4. If there were 1. 5 million unemployed persons in Canada with 15. 5 million employed and a population of 20 million, what would the unemployment rate equal? What would the labor force participation rate equal? 8. 82% 85% 5. In 2000, a price index for medical care in the United States increased from 254 to 265. Based on these figures, compute the rate of inflation or percentage increase in prices for this industry. How does this price change compare to that across the economy that year? 6.If the nominal interest on my mortgage is 3. 0 percent and the expected rate of inflation for next year is 0. 5 percent, what real interest rate will my mortgage lender earn? 2. 5% 7. Holding everything else constant, if the government were to decrease welfare, unemployment, and Social Security disability payments, how would this action change the labor force participation rate? How would it change the unemployment rate? What would be the immediate impact of this action on the level of income inequ ality? In the short term, would this action likely cause an increase or decrease in the urban crime rate?The labor force rate should increase. However, if there are not jobs/employment to replace the loss of benefits the rate will not increase. Unemployment rate should go down, however these individuals must be able to receive enough income to alleviate the loss of benefits and monetary resourced that were being received. Income equality will not change drastically at the onset. The individuals will still live in th same area and be receiving the same or less depending on the education level or their ability to acquire additional skill or trades.The increase in crime will go up at the onset because there will be individuals without employment and benefits to sustain their children and families. 8. Assume that at some point in your life, you will maintain several bank accounts including a checking account and a money market account. You might pay a fee of $100 each year for your bank to sweep funds to and from your checking account depending on the balances. At the same time, you might have a job that provides for an increase in your salary based on changes in the rate of inflation.In this situation, does a loss in purchasing power represent a cost of inflation? Why or why not? Do your banking fees represent a cost of inflation? Why or why not? 9. Assume that you loaned me $1,000 at a very generous nominal interest rate of 3 percent to be paid back in one year. There is a sudden upturn in the economy, however, and inflation increases to 5 percent next year. As a result, when I repay you the $1,000 plus your $30 interest, has your purchasing power increased or decreased as a result of this loan and the interest that you received? What would your real rate of return equal?Based on your answers to the previous two questions and with the benefit of hindsight, what is the lowest nominal interest that you would be willing to accept in this situation? Decreased. Willi ng to accept 4 lowest interest rate. 10. If GDP and the rate of inflation increased and the unemployment rate decreased, what phase of the business cycle would we assume the economy is in? Recession Answer Key Below are the correct answers to the mod 2 hw set for you to compare to your own: 1. The four categories of unemployment are frictional, structural, seasonal, and cyclical. . The consumer price index (CPI) is the measurement tool used to measure changes in price levels. 3. Borrowers would benefit from unanticipated inflation because the nominal interest rates for their loans would be too low to account for the actual level of inflation. As a result the real interest rate that borrowers would be forced to pay would decrease. No one would benefit from anticipated inflation because both lenders and borrowers could agree to a nominal interest rate that would account for the level of inflation. 4. The unemployment rate would be 8. % and the labor force participation rate would be 8 5%. 5. The rate of inflation in the medical industry was 4. 3% in the year 2000. In comparison, the rate of inflation across the economy was 3. 4%. 6. The real interest rate will be 3. 4%. 7. Cutbacks in these programs would cause an increase in the labor force participation rate and a decrease in the unemployment rate. However, such cutbacks would cause an increase in the level of income inequality. It is also likely that these actions would cause an increase in the crime rate. 8.In this situation, you would not incur a loss in purchasing power because your salary automatically increased as a result of inflation. The banking fees that you paid would represent a cost of inflation since you are using your resources to protect against the effects of inflation. 9. Your purchasing power would have decreased based on nominal interest of only 3. 0%. Your real rate of return would have been –2. 0%. With the benefit of hindsight you would require a nominal interest rate greater than 3. 0%. 10. We would assume that the economy is in an expansion.

Henry Tam and the MGI Team Essay Example | Topics and Well Written Essays - 1500 words

Henry Tam and the MGI Team - Essay Example Henry and Dana viewed themselves as leaders and facilitators in shaping the vision of the company but Sasha perceived them as interns and business plan writers. Confusion was also evident when Sasha introduced Dav to the team. He brought Dav to the team without consulting anyone hence this made Henry doubt his intentions and wonder if both the HBS students and Dav were used as ploys to enter the business contests. There were bigger problems in the norming stage since the team had not discussed the values and norms to be followed. At this stage, the team lacked cohesion as Henry and Dav were disagreeing with Sasha and Roman was disagreeing with the Russians. Dav and Henry also argued that the brainstorming meetings were too lengthy and ineffective while the others disagreed. The team did not divide its task (was to come up with a business plan for MGI) into subtasks hence they were not able to accomplish their goal. This is evident from the case study since they were not organized and there were no determined specific outputs from each person or meeting. The team was also divided into main group and subgroups. The main group was made up of the three founding members and the other members formed the subgroups. The members did not clearly define the roles of each group hence there was no integration between the main group and the subgroups. The team was very much disorganized since there was no team leader officially appointed to define the roles of each individual, take the responsibility of decision making and evaluate the performance of the team. There were no values and norms set by the members and they did not develop a good working culture at the beginning. This caused a lot of conflicts among them as the team members were not able to communicate effectively. First of all, the team had a product that had the potential to do very well in the market. They had an idea of what they wanted to sell.

Sustaining tourism within developing countries like the Dominican Essay - 1

Sustaining tourism within developing countries like the Dominican Republic - Essay Example ecreased long-haul travel costs, increased holiday opportunities, changed demographics and strong consumer demand for foreign travel have given rise to large tourism growth to developing countries with global visits to the developing world comprising 25% of the universal total. Tourism brings rather influential customers to Southern countries, potentially a significant market for local business and an engine for home sustainable economic growth. Between 1985 and 1995 typical gross receipts for each tourist arrival raised by 75%. Thus tourism has become a vital sector for developing countries aiming to take advantage of foreign exchange earnings, increasing employment and securing economic wealth and to protect natural and national traditions. World Travel and Tourism Council (WTTC) estimation show that travel, tourism and associated activities will add 11% to the world’s GDP, rising to 12% by 2010. The tourism industry is at present estimated to create 7.8% of the total labor force. This percentage is projected to rise to 8.6% by 2012. The tourism industry is also the world’s largest employer and make up over 255 million jobs, or 10.7% of the global workforce (WTTC, 2002). Tourism has facilitated to produce millions of jobs in developing countries. For instance official estimation for suggest China has 51.1 million jobs related to tourism and India 23.7 million jobs. In terms of the comparative significance of various sectors for job creation, the largest suppliers of jobs in travel and tourism services are found in island states and destinations - ranging from 76.3% of the total number of people engaged in Curacao, to 34.6% employed in Antigua and Barbuda. The top ten countries with greatest projected comparative increase in employment over the next couple of decades are all developing countries. Vanuatu is expected a yearly growth rate of 8.8% in employment and leads the list. The balance of benefits begins to lean toward the developed countries in terms

Should mortgage lenders be nationalised Essay Example for Free

Should mortgage lenders be nationalised Essay Following recent disturbances in the world economy some governments came to a conclusion that it is in their duty to intervene and solve the growing problem. In this case the problem of mortgage lenders. As with every action from government, it is important to assess whether there truly is a market failure or not. To begin with, a closer look at how this situation arose would be essential. Over recent years, the housing market not only in UK but around the world as well had been enjoying a period of prosperity. House prices were ridiculously high, though no one seemed to be bothered by that. Residential Mortgage Backed Securities (RMBS) played a key role in that, as this security type let a vast number of homebuyers to take loans. Investors thought that might just be a perfect opportunity to make some profit, so they also joined this house of madness by lending money to mortgagors through the banking system. However, nothing lasts forever. Investors realised that there is a risk of their money not being returned either on condition that banks and/or lenders fail, therefore they immediately left the market causing dry up of mortgage finances. So, there it is. This is where government ought to, in mortgage lenders opinion, step in, pump money and let the vicious cycle continue. Indeed, there is a market failure. A failure that only government can solve. Should it though? Isnt the true idea standing behind the capitalism to reward the hard-working, the smart and punish the lazy, the reckless? Why should the latter ones be protected? Why should tax payers money be spent in such a wasteful way? Nationalising UKs Bradford Bingley alone has already cost à ¯Ã‚ ¿Ã‚ ½150bn. In fact, only a small number of banks is to be blamed for this state of affairs to have taken place. Their irresponsible high stake risk taking actions led to a disaster that, now, they want all of us to bear the cost of. How unreasonable that must sound to a person who doesnt even have a mortgage? Weve had ten years of allowing banks to do what they wish really, to give them absolute freedom to lend. Alex Brummer, City editor, Mail on Sunday However, with nationalising it would be assured that Bank of Englands base rate is reinforced and has a real life implications, as it has been recently revealed that some mortgage providers do not cut their interest rates in line with the one set up by BoE. Moreover, it has been stated by government authorities and banks representatives on numerous occasions that improving access to capital is crucial to get the economy working again. That might actually be the case with a reduced borrower exploitation. Nationalised industries are supposed to be in the best interest of society, therefore hopefully there will no longer be banks trying to unfairly steal peoples possessions by taking a use of their lack of knowledge, charging enormous rates, making it harder for those who already find it difficult to keep up with repayments. Government would be able to offer competitive deals for everyone, and with market forces coming in, other lenders would have to follow the trend as well. It is the period of nationalising that needs to be taken into consideration, too. United Kingdom Chancellor of the Exchequer, Alistair Darling, emphasised that this process in regards of Northern Rock is only on a temporary basis, yet still it would be more realistic to count in years rather than months instead. That is how long it is expected for NR to repay the loan from taxpayers. That situation is extremely rare these days, so an accurate estimation of when the government will loosen its grip on the bank is hard to predict. Worth mentioning is the fact that it was only after 16 years of Rolls-Royce emergent nationalisation in 1971, that all its shares were sold to private owner. What would happen if the mortgage defaults continued to rise though? What if the plan would fail? And more money would be needed in attempts to solve the problem? Taxpayers would be left with a very large bill to pay for financial bailout. And this leaves us with the question how would the government fund further bailouts? Increase taxation? Cannot, this would cause a slowdown of an economy. Income tax lower income, lower consumption. Indirect taxes higher taxes, lower consumption. Doesnt sound good. Borrowing? Cannot. The so-called Golden Rule of fiscal policy is that the government should not borrow in order to finance current spending, and that any borrowing the government does undertake is for investment. I wouldnt consider rescuing awfully managed mortgage lending banks as a form of investment. I have no doubt that Mrs Thatcher would more than happily get rid of collapsing institutions. In her opinion, what doesnt work, shouldnt be allowed to work at all. Bailing banks out is a wrong idea in terms of externalities, moral hazard in particular. If they [banks] would know that there is the Government standing behind, fully prepared to save them in case of failure, they would feel more secure about themselves, with a higher willingness to take risk. They wouldnt bear all the consequences. Northern Rock and Bradford Bingley did not. Where is the capitalistic ideology of laissez-faire? Just leave it alone. Events should take their own courses, whereas government generally ought not to intervene in the marketplace. Looking at the situation in a more positive light though, financial conditions will improve in few years time, and by then the Government will be able to sell banks for much more attractive prices (e.g. Virgin trying to buy Northern Rock, but the offer was too low in Governments opinion) in order to compensate and benefit taxpayers. Still, I am not really convinced with the view of governments nationalising mortgage lenders. As a free market economy supporter, I strongly believe that the market should be free of any governments intervention nor regulation, besides the minimum function of maintaining the legal system and protecting property rights. To finalise, I would like to quote a man, whose words cannot summarise my essay better, The nationalisation of Northern Rock is a disaster for the taxpayer, a disaster for this government and a disaster for our country.

Essay on the Flying Motif in Song of Solomon :: Song Solomon essays

Importance of the Flying Motif in Song of Solomon    Throughout literature it has been common for authors to use allusions to complement recurrent motifs in their work. In Toni Morrison's Song Of Solomon, Milkman learns that his desire to fly has been passed down to him from his ancestor Solomon. As Milkman is figuring out the puzzle of his ancestry, he realizes that when Solomon tried to take his youngest son, Jake, flying with him, he dropped him and Jake never arrived with his father to their destination.    It seems quite probable that Morrison drew from the Daedalus/Icarus Greek myth. Daedalus was a well-known architect and engineer in Athens. King Mines invited Daedalus to Crete to build him a labyrinth, and when it was completed, Mines jailed him within it. In order to escape, Daedalus built two sets of wings - one pair for himself, and the other for his son, Icarus- using wax and feathers, which they used to fly off from Crete. On their journey to Athens, Icarus decided to try to challenge the sun, even though his father had warned him that if he got too near to the sea his wings would dampen and fall apart, or if he got too close to the sun, the wax in his wings would melt, and he would lose the ability to fly. Ignoring Daedalus' warnings, Icarus flew too high and the sun melted the wax that held his wings together. Icarus fell into the Aegean Sea and died.    Solomon, a slave, had been a leader when he worked in the cotton fields in the South. One day he decided to fly back to Africa with his youngest son, Jake, leaving behind his wife Ryna and their twenty other children. Black lady fell down on the ground Come booba yalle, come booma tambee Threw her body all around Come konka yalle, come konka tambee...(303).    This verse of the popular children's song which Milkman heard in Shalimar, Virginia, was referring to Ryna's sobbing, an event which also led to the naming of Ryna's Gulch where it is rumored that Ryna's spirit moaned night and day alike for Solomon's return. When Solomon is flying, however, he drops Jake- also the name of Milkman's grandfather- and unlike Icarus in Greek mythology, Jake survives his fall.    Milkman's desire to fly mirrors one of the foremost fantasies of any child or dreamer.

Ethernet LANs Essay

Ethernet LANs: A collection of devices, including user devices, LAN switches, routers, old hubs, and cables, all of which use IEEE Ethernet standards at the physical and data link layers, so that the devices can send Ethernet frames to each other. 802.3: The name of the original IEEE Ethernet standard, as well as the overall base name of all IEEE Ethernet LAN working committees. Fast Ethernet: The informal name for one particular Ethernet standard, originally defined formally as 802.3u, which was the first Ethernet standard to surpass the original 10-Mbps speed to run at 100 Mbps. Gigabit Ethernet: The informal name for one particular Ethernet standard, defined formally in 802.3z (for fiber) and 802.3ab (for UTP), with a speed of 1 Gbps. Autonegotiation: A process defined by the IEEE so that nodes on the same Ethernet link can exchange messages for the purpose of choosing the best speed and duplex option that both nodes support. Ethernet frame: The bytes of data that flow in an  Et hernet LAN, which begins with the Ethernet header, followed by data (which actually holds headers from other layers as well as end-user data) and ends with the Ethernet trailer. Ethernet LANs deliver Ethernet frames from one Ethernet device to another. MAC address: A data link layer address, 48 bits in length, usually written as 12 hexadecimal digits and used to represent different devices connected to LANs. MAC address table: On a LAN switch, a table of MAC addresses and local switch ports that the switch uses when making its decision of where to forward Ethernet frames that arrive at the switch. Wired LAN: A local-area network (LAN) that uses cables/wires; the word wired refers to the wires inside UTP cables. Wireless LAN: A group of wireless clients, plus one or more wireless access points, with the access points all using a common SSID (wireless LAN name). Star topology: A network topology in which links extend outward from a central node, somewhat like rays of light going out from a star/sun. Ethernet frame: The bytes of data that flow in an Ethernet LAN, which begins with the Ethernet header, followed by data (which actually holds headers from other layers as well as end-user data) and ends with the Ethernet trailer. Ethernet LANs deliver  Ethernet frames from one Ethernet device to another. 10BASE-T: The common name for one of several standards that are part of the IEEE Ethernet 802.3i standard. This standard uses two twisted pairs in a UTP cable, with a bit rate of 10 Mbps. 100BASE-T: A term that refers to all Fast Ethernet standards, including 100BASE-Tx, which refers to the one Fast Ethernet standard that uses two pairs in a UTP cable. 1000BASE-T: A particular Ethernet standard shortcut name, also known by the formal standard 802.3ab, which defines 1000-Mbps (1-Gbps) operation, star topology, using four-pair UTP cabling. 10GBASE-T: A particular Ethernet standard shortcut name, also known by the formal standard 802.3an, that defines 10-Gbps operation, star topology, using four-pair UTP cabling. Metro Ethernet: A type of multiaccess WAN service that uses Ethernet as the physical access link and usually uses an Ethernet switch as the customer site device, with the customer sending Ethernet fra mes from one customer site to the other. Token Ring: An old LAN technology, popularized by IBM and standardized by IEEE as standard 802.5, that competed with Ethernet LANs in the 1980s and 1990s. LAN Edge: A reference to the part of the campus LAN with the end-user devices and the switches to which they connect, through an Ethernet switch or a wireless LAN access point, that contains the largest number of physical links. Wireless-only LAN edge: A campus LAN design term referring to campus LANs with only wireless connections between end-user devices and APs, and no wired Ethernet LAN connections at the edge. Wired/wireless LAN edge: A campus LAN design term referring to campus LANs, with the edge of the LAN having both wireless connections plus wired Ethernet LAN connections. Shorthand name (IEEE): The term for a type of name for IEEE standards. These names begin with a speed, list â€Å"BASE-† in the middle, and end with a suffix, for example, 10BASE-T. Edge switch: In a campus Ethernet LAN design, this term refers to the Ethernet LAN switch to which the end-user devices connect. Duplex: A networking link that allows bits to be sent in both directions. Half duplex: A networking link that allows bits to be sent in both directions, but only one direction at a time. Full duplex: A networking link that allows bits to be sent in both directions and at the same time. Straight-through cable: A UTP cabling pinout in which the wire at pin x on one end of the cable connects to pin x on the other end of the cable.  Crossover cable: A UTP cabling pinout in which the wires in a wire pair connect to different pins on opposite ends so that one node’s send logic connects to the other node’s receive logic. In Ethernet, pins 1,2 connect to 3,6, and pins 4,5 connect to 7,8. Ethernet header: A data structure that an Ethernet node adds in front of data supplied by the next higher layer to create an Ethernet frame. The header holds these important fields: Preamble, SFD, Destination Address, Source Address, and Type. Ethernet trailer: A data structure that an Ethernet node adds after the data supplied by the next higher layer to create an Ethernet frame; the trailer holds one field, the FCS field. Destination MAC address: A field in the Ethernet header that lists the MAC address of the device to which the Ethernet frame should be delivered. Source MAC address: A field in the Ethernet header that lists the MAC address of the device that originally sent the Ethernet frame. Media Access Control: The formal IEEE 802.3 Ethernet term for the data link layer, data-link header, and other data-link features, including addresses. Error detection: In networking, the process by which a node determines whether a received message was changed by the process of sending the data. Ethernet broadcast: A special Ethernet address, FFFF.FFFF.FFFF, used to send frames to all devices in the same Ethernet LAN. Address: Flooding: Part of an Ethernet LAN switch’s forwarding logic in which the switch forwards a frame out all ports, except the port in which the frame arrived. Forwarding: Part of an Ethernet LAN switch’s forwarding logic that refers to the choice a switch makes to take a received frame and send it out a single outgoing port, because the frame has a destination MAC address known to the switch (as listed in the switch’s MAC address table). Learning: Part of an Ethernet switch’s logic related to the forwarding process by which the switch learns MAC addresses and their associated port numbers. Unknown unicast frame: An Ethernet frame with destination MAC address FFFF.FFFF.FFFF. Broadcast frame: From the perspective of a single Ethernet LAN switch, a frame whose destination MAC address is not known to the switch, in that the switch’s MAC address table does not list the frame’s destination MAC address. Known unicast frame: From the perspective of a single Ethernet LAN switch, a frame whose destination MAC address is known to the switch, in that the switch’s MAC address table lists the frame’s  destination MAC address. Universal MAC address: A MAC address assigned to an Ethernet device (NIC, switch port, and so on) by the manufacturer, following rules defined by the IEEE, so that the device’s universal MAC address is unique among all other universal MAC addresses in the universe.

The Presidency Trouble with Trumps Ideology - Free Essay Example

Sample details Pages: 4 Words: 1342 Downloads: 4 Date added: 2019/03/27 Category Politics Essay Level High school Topics: Donald Trump Essay Did you like this example? The streets are flooded with masses of signs that read we care and stop the hate each held up high by children, adults, men, and women of all races. These are citizens that stand chanting by one another pleading for the U.S. to step out of the ignorance that the country has fallen into. Don’t waste time! Our writers will create an original "The Presidency Trouble with Trumps Ideology" essay for you Create order At this point the concept of not repeating the same mistakes in history would seem wise, but they have been overlooked. The President has provoked citizens to discriminate against other racial groups and each other by expressing his personal opinions; although they are platforms of free speech, Trump has taken advantage of those rights. Therefore, citizens should not pay much attention to his extreme views. After Trumps presidential campaign, there has been an increase in harassment due to the manner in which Trump has persuaded many. While these cases are more common in adults, the tension has also spread into the lives of many children. Dr. Bandy Lee, a psychiatrist who specializes in violence, has introduced The Trump Effect, which is the increase of bullying in schools after Donald Trumps presidential campaign (42). The Presidents name has been used as a chant by other children to evoke fear onto classmates as if mentioning the boogeyman. This leads many parents to worry about the criticism that they receive due to their heritage, and introduces them to the prejudice of American society. On the other hand, there are adults justifying their hate crimes against minorities with the hostility that Trump introduced in his campaign. In a statement by the Southern Poverty Law Center, it reports that, in the two-week period between Election Day and February 9, 2017, there were seventy anti-Jewish incidents and thirty-one anti-Muslim incidents, the majority being bomb threats (Lee 44). Although, the President has never directly told his supporters to kill anyone, he has definitely conveyed to many that they may manipulate his words for their own convenience. To say nothing of the topic would inevitably lead to further issues that the President would then put aside. Not to mention, the President does not shy away from his personal opinions. In fact, he actually encourages others to follow in his footsteps during his rallies. For instance, during the 2016 presidential election, Trumps campaigns started with yelling Get em outta here! (Trump qtd. in The Dangerous Case of Donald Trump). Even though he did not mention who, many can assume that the reference was towards Mexicans and Muslims due to his stance on immigration. After all, he made it clear in his campaign that his priority as president would be to deport all the dangerous people. It seems that his campaign was a preview of what his presidency would entail with the derogatory remarks. Not only was Trumps criticism addressed towards citizens, there were also some directed to President Obama. In particular, Trumps discontent with President Obamas victory led to the Birtherism conspiracy, which was solely based on the idea that Barack Obama was not born a U.S. citizen. Although the conspiracy was introduced in the 2008 presidential election, Trump brought it up during the re-election and Lee argues that he uses it, as a jumping-off platform to launch his presidential candidacy (261). Such ideas were debunked by President Obama himself but many did not believe it to be true for the simple manner that he looked different from the other presidents. It only emphasizes how President Trump was very cunning with his remarks in discriminating. Not only was he attacking a Former President, but he was also carelessly putting him in harms way without thinking of how others may react. At the time Trump may not have been in office, but his reputation was definitely building up. Without a doubt, the President has taken advantage of the position that the people of the U.S. entrusted him with. Consider when he managed to pass a ninety-day travel ban deceiving many Muslims and brought a new fear into Americans, that he is going to use executive power (Lowery). The act was so sudden that many citizens could not leave airports because they had to go through security checks, which held up many travelers. Refugees that were arriving with the hope that the U.S. would take them in were disappointed with the news that help would not be offered. Many thought it to be an abuse on the Presidents part since his reasoning behind the ban were accusations towards the Muslim community. After some time the ban dissolved, but there was residue that left many Americans fearing excessive power in the government. Similarly, President Trump revoked Jim Acostas press credentials when a presidential press conference started getting heated and some false accusations were made. Later a federal judge ordered for the recovery of Acostas credentials. Although, the case is expected to go on, Trump has decided to impose rules on future press conferences to avoid disagreements. However, Nancy Gertner, a formal federal judge and a Harvard Law School professor, remarks: This ruling is not saying that what Acosta did was the right thing or the wrong thing. The judge ruled that the president cant revoke his credentials without due process: a statement of what he did wrong, an opportunity to respond, a final decision. The ruling leaves those issues and his First Amendment challenge for another day. (Grynbaum) Even though Acosta filed a lawsuit and recovered his credentials, the possibility that Trump could revoke credentials in a matter of seconds is what impacted many. Not only because they were credentials but mostly because it was an attack towards someone that went against what he said. Many were also angered because President Trump acted out of emotions instead of taking the lawful steps when revoking press credentials. It should also be noted that Trumps messages have gone farther than expected with the help of social media. Notably, the neighboring country, Canada has conducted studies that have proven, a 600 percent increase in the amount of intolerant hate speech on social media by Canadians between November 2015 and 2016 (Racists misogynists). This is more commonly seen with the use of hashtags as a movement created by extremists. The internet is a place to express ones opinions, but when someone with authority does so, they should know the amounts of views it will receive. That very number may be what fuels the President. As a result, easy access to technology means that everyone knows what the President has done in a matter of seconds. Therefore, the U.S. had to make a tough choice during the election. Up until Donald Trumps presidency, there has been a long streak of fear accumulating among immigrants, children, and Americans. Since the campaign, there has been an increase in bullying at schools and the use of racial slurs are starting to be thrown around like confetti. Even before the inauguration the President was very vocal on immigration and was insensitive towards the topic. There are many platforms that the President has access to, but that does not mean that he should excessively use them as much as he has. When the boundaries set in place are overstepped, it results in a rift between the civilians. The worst part is that the President has awoken this hate and is not doing anything to stop it. On the contrary, he is fueling it through his words and actions in office. Friends and families are being separated by the very person that was elected to unify and strengthen the country. Works Cited Grynbaum, Michael M., and Emily Baumgaertner. Judge Orders the White House to Restore a CNN Reporters Credentials. New York Times, 17 Nov. 2018. Global Issues in Context. Accessed 23 Nov. 2018. Lee, Bandy. The Dangerous Case of Donald Trump: 27 Psychiatrists and Mental Health Experts Assess a President. St. Martins Press, 2017. Lowery, Wesley, and Josh Dawsey. Early chaos of Trumps travel ban set stage for a year of immigration policy debates. The Washington Post, 7 Feb. 2018. Global Issues in Context. Accessed 29 Oct. 2018. Racists misogynists do not deserve a platform anywhere. Toronto Star, 9 Sept. 2018. Global Issues in Context. Accessed 30 Oct. 2018.