People Need Reassurance About the Economy

Nov 5, 2017 by

The market is at an all-time high and the job market continues to steadily improve, so why are people still so down on the economy?

The truth is there has been a major hangover from the Great Recession which has led to several issues. First, there are some communities that continue to struggle to return to the level of affluence they had before 2009. While unemployment is low, that doesn’t mean the jobs are of the same quality as they were before. The stagnation of wages and the increased amount of the workforce in the service industry suggests that while people are employed, they are not happily employed.

Another issue is rising housing prices, as well as rising rent, which has once again begun to price out those looking to enter into a more affluent life. With prices so high, there’s a tendency to fear another crash, which may be pushing some who could afford property to hold off.

This latter point, the fear of a crash, is perhaps the most prominent reason for distrust in the economy. While the economy has remained strong for almost a decade since its lowest point, there have been few outward signs to reassure those who understand the markets only by headlines. At the same time, in the battle of the headlines, there are constantly stories of financial improprieties, including broker misconduct, as well as activities that are legal but some consider unethical, such as the large “dark money” contributions to political campaigns.

To ensure the economy remains strong, there needs to be more confidence. The numbers coming out are healthy enough, but they alone are not signaling to the general public that they can trust the economy in the future.

Reassurance is necessary. More needs to be done publicly to show issues like broker fraud are being dealt with appropriately. At the same time, a jobs program, perhaps in something an area like infrastructure which has widespread bipartisan support, would go a long way to showing many people that higher paying jobs exist and more are on the way.

Finally, more must be done to address the rising costs of homes as well as renting, particularly in the cities. A lack of access to the better suburbs and to the cities is one of the primary reasons people feel there are not enough job opportunities or room for growth. Making inroads in this area would all for more people to share in the booming economies of the cities, and thus reassure them.

These points should be taken seriously and addressed in a reasonably quick manner. A lack of confidence long term can lead to negative effects as people refuse to invest their money or take entrepreneurial chances.

The American economy is strong. It is doing well. It just needs a better publicist to prove that point to its citizens.

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Help During a Difficult Divorce

Sep 1, 2017 by

Choosing to file for a divorce is often a difficult decision. However, for many people, it is also a welcome relief that allows them to move forward with their lives. Although thousands of people get divorced each year, this is not necessarily a natural process, either personally or legally. Not only must you come to this decision with your spouse, but you must make choices about ownership of personal items like your home or car and parental custody if you have children. On top of these difficult decisions, you must also work with the legal system to make your divorce official. This is often a frustrating and confusing process that you must undertake, to reach your end goal. This is especially true in the state of Texas, where there are many specific hurdles you must overcome to get divorced. The Lone Star Advocate, a legal blog run by, has created an article with relevant information about divorce in Texas, to prepare you for the process.

According to the article, in Texas alone, 75,000 couples get divorced each year. January is the most common time for divorce, as this is when the holiday season is over. The most common day that people get divorced is typically when they go back to work or kids go back to school after the winter break.  To make your divorce process as straightforward and pain-free as possible, there are five facts you need to know about divorce in Texas.

  • It is a lengthy process: most divorces take between 6 months to one to finalize, depending on the complexity of your situation. On top of this, in Texas, the divorce is not final until 60 days after you file a petition
  • There is no legal separation: Texas does not recognize legal separation, so even if you are no longer living with your spouse all your property and debt are still shared until the divorce is final
  • “No-fault” divorce is possible: you do not have to prove there is any fault that justifies your reason for divorce
  • Divorce is not a DIY job: divorce is a complicated process, and even small mistakes in the process could seriously delay the finalization
  • Divorce does not have to be expensive: even if you choose to work with a lawyer, your divorce does not have to break the bank. Do your research about lawyers in your area to find one whose price is within your budget.

This information can help you make smart decisions when moving forward with your divorce. However, it is always important to do your research before engaging in any legal action.

For individuals seeking a divorce, a skilled divorce lawyer can help you make the right decisions for your future. Not only are they trained in the legal process of divorce, but they can also work as an advocate for you and your spouse to ensure that your separation is fair and amicable. Although divorce is a complicated process, you do not have to face it alone.

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Common Manifestations of Unpaid Overtime Pay

Jul 1, 2017 by

If you work more than 40 hours a week, it already means you are doing overtime, and on the right conditions, you may be able to get overtime pay. This can also be a legal issue. According to the website of Cary Kane LLP, those who are not compensated properly may take the case to court.

These cases may end with equivalent wage payments, damage compensations, among others. But before achieving those, there should be a case, so how can unpaid overtime pay happen?

Eligibility Issues

One of the heaviest factors that affect these cases is eligibility. Are you really eligible for overtime pay, therefore deserve to receive compensation for your more than 40 hours of work? There are exemptions to overtime pay, such as those that work in delivery services, farms, and various other industries.

Those who have administrative, executive, and even sometimes professional positions are also exempted from overtime pay. If you are exempted from overtime pay, it is just right that you do not receive compensation for your extra hours at work, so you cannot really take the case to court.

Management Issues

Sometimes, it is the employer’s fault why you have not been adequately compensated. This fault can come in two forms – either intentional or unintentional. Whatever is the case, it doesn’t change the fact that you have not been paid.

The most common management issues are the miscalculation of the number of hours you have worked and the miscalculation of wages, usually because of various variables such as commissions and other merits. Eligibility issues can also be the fault of the management, because they also have the tendency to misclassify employees.

Work Conditions

These can also manifest in two ways – the way you work or the way management is requiring you to work. Unpaid overtime pays due to work condition issues often come in these forms:

  • Coming to work too early
  • Staying at work too late
  • Working during unpaid break periods, such as lunch
  • Taking work home
  • Accomplishing administrative tasks in off-hours
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The Lowdown on Insurance Agent Negligence

Dec 22, 2016 by

When disaster causes damage to a home or business, the owners would call on their insurance agents for help. The aftermath of disasters such as storms, typhoons, or hurricanes can leave people unable to shoulder the costs for repairs or rehabilitation. The insurance agent can become the lifeline of the home and business owner for any compensation that can help them restore their damaged house.

Having insurance can help people proceed with repair and restoration of their properties. Unfortunately, there are some agents who are negligent with their duties and deny policyholders of their claims. According to the website of Williams Kherkher, negligence on the part of insurance agents can leave families to cope with their damaged properties by themselves. Most denied claims are due to the errors of insurance agents in processing claims. Insurance agent negligence comes in various forms which may include:

  • Failure to adequately explain the terms of the policy
  • Failure to write a policy that offers sufficient or correct coverage
  • Providing inaccurate information on an insurance form
  • Failure to provide the insurance company with all necessary forms

The negligence of an insurance agent may have serious consequences to the policyholder. In case of flood, for example, the failure of the agent to notify the policyholder that they do not have flood coverage could result to significant monetary losses if their business or home gets damaged as a result of the flood. Since the damage was due to the negligence of an insurance agent, you may be entitled to receive compensation as a result of the negligent act.

Whether the error was unintentional or intentional, such action of the insurance agent is subject to liability and the victim may be entitled to receive damages. With the help of a lawyer, you may be able to pursue compensation and recover financial losses that you incurred as a result of the negligent act.

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Defective Medical Devices: Putting Patients More at Harm’s Way

Dec 12, 2016 by

Devices and tools that make replacement, support or enhancement of missing or damaged biological structures, to restore or improve a patient’s condition, faster, easier and safer is probably the greatest benefit of modern technology in medicine. Unfortunately, not all medical devices are safe as they are effective as some are found to cause harm than the relief these were intended to provide.

Hundreds of different kinds of medical devices have already been introduced and used in patients. Many of these, though, have been proven defective and the causes of harmful effects. A few of these defective medical devices, based on complaints reported and filed with the U.S. Food and Drug Administration (FDA) include the transvaginal mesh (including Johnson & Johnson vaginal mesh kit and Alloderm mesh), the automated external defibrillator (AED) heart device, the Stryker ABG II Modular-Neck Hip Implant System, the Stryker Rejuvenate modular-neck stems, and the Depuy hip implant, Zimmer NexGen knee replacements.

After the FDA approves the use of a medical device for treatment of patients, it turns to its post-market surveillance tool, the Medical Device Reporting (MDR), to monitor the devices’ performance, discover potential safety issues and consider the device’s benefits and risks. MDR, which contains the mandatory requirement of reporting to the FDA certain device-related adverse events and product problems, is a mandatory regulation for importers, manufacturers and device user facilities (such as a diagnostic or outpatient treatment facility, an ambulatory surgical facility, a nursing home or a hospital); reporting of adverse events and product problems, however, is voluntary for consumers, caregivers, patients, doctors and other health care professionals. Furthermore, the FDA encourages voluntary reporters to share information on any therapeutic failure, poor quality issue, or erroneous use of these devices – all for the purpose of improving and ensuring their overall safety.

With regard to mandatory reporting, the following are required:

  1. For device manufacturers: they are obligated to report any incidence of device malfunction or any incidence of serious injury or death (due to use of a certain device) as soon as they learn of it.
  2. For importers: if their (imported) device malfunctions,they must submit a report to the product’s manufacturer. If the device, however, has caused or contributed to a death or serious injury, then the report should be forwarded to both the device’s manufacturer and the FDA.
  3. For device user facilities: any death that is suspected to be due to the use of a device should be reported by the facility (which has become aware of this incidence) to both manufacturer and the FDA; where serious injury is concerned, the report must be forwarded to the manufacturer; however, if the manufacturer is not known, then the report will have to be submitted to the FDA.

The FDA receives hundreds of medical device failure reports every year; these, however, make up just a small percentage of the many different medical mistakes, which lead to patient harm or death, committed in the U.S. According to Tucson personal injury lawyers of Russo, Russo & Slania, P.C.,the physical pain and financial stress suffered by those who have been harmed by defective medical devices should not have been, had these devices’ manufacturers only made sure that their products are safe.

Victims of the negligent acts of others should not be made to bear the financial burden resulting from the additional costly medical procedures required to treat new serious health issues they are made to suffer. With help from personal injury lawyers, victims may pursue a legal action that may enable them to seek financial restitution for medical expenses associated with recovery, as well as lost wages and other costs.

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