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Further, unlike in microeconomics, in macroeconomics spending does not represent a “depletion of wealth”, just a transfer of ownership of Welcome Vince Williams To The Coaching Staff Pittsburgh Steelers T Shirt, where that money still continues to exist in the same amount. In macroeconomics, any change in the level of wealth, including the depletion of wealth, we must account for by a direct accounting of what happens to the amount and type of the wealth. The quantity of the spending, that is the accounting of the total amount of gross spending and gross income is describing only the transfer of ownership of money. And we must keep that accounting on the “income axis”. Whereas the type and amount of changes in the level of wealth is kept track of on the “wealth axis”.

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Why? Maybe the owner knows that all of the employees really need those extra wages to make sure that there are presents under the Welcome Vince Williams To The Coaching Staff Pittsburgh Steelers T Shirt for Christmas morning. Maybe all of the employees bought the presents days ago … using money for the utility bill that means a dark house before New Year’s Eve without some extra hours. Due to location (e.g., next to a very popular mall) it might mean that staying open on Christmas Eve is one of the biggest nights for waitstaff tipping the entire year. Most important of all. What business (in every sense of the word) is it of yours whether a dining establishment remains open on Christmas Eve? Are you a Christian theocrat? Do you advocate government control over commercial enterprises for the purpose of enforcing a given religion’s canonical dictates? If a business owner is paying employees their proper wages for that specific evening (or even holiday), you may wish to simply butt out and find something else to worry about.

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Boris Johnson’s governing Conservative party is institutionally and ideologically committed to Brexit. Brexit is going to happen on 31 January 2020. After that, the no-deal crisis is scheduled for 31 December 2020. On this date England, Wales & Scotland look set to crash out of the Welcome Vince Williams To The Coaching Staff Pittsburgh Steelers T Shirt market and customs union. There will be separate trading arrangements for Northern Ireland. Mr Johnson could ask the EU for more time, taking talks into 2021. But there are reports that many EU member states aren’t expecting Mr Johnson to do this – though the European Commission is expecting a request. As the 31 December 2020 deadline approaches, no-deal panic could spread among voters and the UK’s elected politicians. Panic which could well spoil the Christmas festivities. Cabinet splits and anxious MPs meeting could follow, assuming Mr Johnson does not prorogue parliament first.

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In USA there is a lot of Welcome Vince Williams To The Coaching Staff Pittsburgh Steelers T Shirt over “Christmas”. People are worried about offending other faiths, so there is a lot more use of “Season’s Greetings” and “Happy Holidays” The paradox is that in Europe that is uncommon: people will say “Happy Christmas” without embarrasment and without worrying it will be offensive. The reason being (and this is the paradox) because “Christmas” is largely decoupled from “Christianity” Europe is quite secular, and “Christmas” does not have any automatic religious connotations. I have a Muslim colleague who sent me a “Happy Christmas” card and was at the Christmas party (not drinking alcohol obviously); my Jewish neighbour is hosting Christmas drinks. So in UK, yes, there will be nativity scenes and plays in schools. But that is cultural or historic more than “religious”. There will also be witches at Halloween without the country taking up paganism or chocolate eggs at Easter without following norse gods.
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