Policy or Democracy?
Why is it important? First, let’s define policy and democracy and later delve into why they are important to discuss. According to the Cambridge Dictionary, policy is a deliberate system of guidelines to guide decisions and achieve rational outcomes. A policy is a statement of intent and is implemented as a procedure or protocol. Policies are […]
The Continued Impact of Inflation on Consumer Spending in 2024
1. Overview of the Issue Inflation remains a defining economic challenge of 2024, particularly for U.S. households managing increased costs for essentials like groceries, housing, and healthcare. While the pace of inflation has decelerated compared to the peaks of the previous years, the prices of basic goods and services remain high, creating strain for consumers, […]