POLICY IN THE UNITED STATES(FISCAL POLICY AND MONETARY POLICY) Essay

POLICY IN THE UNITED STATES(FISCAL POLICY AND MONETARY POLICY) - Essay Example The most open similarity between the two policies is that both work together concurrently to control the rate of employment, currency value stabilization and work towards the realization of economic stability in the states. They both optimize economic growth in the states by controlling the flow of currency in the market. When government expenditure is high through the effect of fiscal policy and the economy goes down due to inflation, the Fed, through monetary policy intervenes to reduce inflation and maximize economy growth (Beetsma 327). The government is the prime body that deals with and regulates the entire economy of its states. The congress therefore makes decisions on which strategy to apply and when appropriate. This mandate of the government over both policies is a major similarity since the government has the mandate to choose between the fiscal policy and the monetary policy whenever any of the two needs to be inculcated to realize economic stability. Both the policies are effective in their own ways. The monetary policy is oversees and inculcated by the Fed and effects on the slowing down of the growth in the economy of the states. That means the government does involve itself in the realization of this policy. However, the fiscal policy is overseen by the government and is utilized in the boosting of economic growth and stability (Beetsma 256). The fiscal policy is more influential since it aims at controlling the rate of government expenditure and escalating the flow of money in the economy. It involves government spending and trimmi9ng of taxes, both of which are politically appealing and highly supported as disputed to the momentary policy which does not increase spending but reduces the effective spending by the federal government. The fed has the highest influence and greatest ability in the influence towards slowing economic augmentation and leading to

Media industry in Covering Islam by Edward W Said Essay

Media industry in Covering Islam by Edward W Said - Essay Example The book was first published in 1981. It primarily focused on the issue of Iran, cold war and war. â€Å"Covering Islam† is full of examples of the work of various media groups and journalists. The views and ideas have been appropriately supported by the facts and examples. Chomsky (2002) has raised various issues on the way media has represented various issues of war, trade union issues and terrorism. The issues ranged are from the presentation of these events by media and control of powerful groups over these mediums to control thought process of mass. Said’s work â€Å"Covering Islam† is another effort which seeks attention of readers towards the biased representation of Islam and Islamic community by mainstream media. In the words of Christopher Lehmann-Haupt for The New York Times Book Review for the same book:â€Å"[He] skilfully traces the origins of American misinformation about Islam to the way that Orientalist scholarship is financed and organized in t his country. And finally he pleads eloquently for the instrumentality of all historical knowledge and the needs of all scholars to be aware of their objectives. This plea amounts to a prescription for cultural self-awareness that will be wasted on none of us†Various studies and theories have been developed to study the development of the concept of Islamophobia. This is very clear from the previous studies and views of Chomsky, Said and others about portrayal of the Islam, Muslim and Muslim countries unfavourable from the past.