How corporate money will change US politics
Corporations, industries, labor unions, organizations spend billions of dollars every year in order to reach decision-makers and influence their thought process. Here are a few ways in which corporate money can change politics. Corporations contributing towards political campaigns can corrode democracy, especially when big companies use their money to influence elected politicians for their own interest....
Why ObamaCare can be a plus for Democrats in 2014 election?
Health insurance can be an expensive affair and ObamaCare can prove to be an added advantage for Democrats in 2014. Also known as The Patient Protection and Affordable Care Act, the aim of this law, which was signed on March 23, 2010, is to provide easy access to reasonably priced health insurance, improve quality, and regulate health insurance industry and lower health care expenses. The reforms which...
Can “Citizens United” be overturned?
It has been four years since the U.S. Supreme Court gave powers to corporations to spend their money for political campaigns. Once the law was passed, a big of wave of movement emerged where people started demanding that the US Constitution be changed and corporations not to be given the rights of “persons”. During 2012 election campaign, approximately 7 billion dollars were spent by candidates...
Why the minimum wage should be increased?
The federal minimum wage was brought into effect in 1938 at $0.25 and saw a rise periodically. The actual fluctuation was seen in 1968 at $1.60 due to inflation. President Barack Obama has now proposed the minimum wage to be increased from $7.25 to $10.10 per hour which would raise 900,000 Americans out of poverty, but 500,000 jobs will be at risk. Conservatives believe that raising the minimum wage...
How corporations influence the government?
In this era of globalization, corporations with an unlimited access to wealth have managed to gain political power and therefore, can change laws to benefit them. Corporations can influence government through campaign funding, lobbying, and regulatory agencies. CAMPAIGN FUNDING: Big corporations donate money for political campaigns. First such contribution was made in 1896 for William McKinley. And...