Bentley Economics-Finance Society Blog ? Post Topic ? Greater Job ...

Author: Nishant Sheth

A recent article claims that that U.S. Jobless rate is at a 4 year low. The number of people on unemployed workers benefits fell last week to the lowest it has been in four years. Is this a sign the economy is improving? This is encouraging news after hearing recent reports that growth in the economy was actually slowing. Hiring has picked up recently. In January 243,000 jobs were added and the rate dropped to 8.3%. Not good but definitely an improvement of note. However, 13 million people still remain unemployed. The good part is that an increase in consumers income keeps them spending and this stimulates growth in the economy. The income rose by 0.3 percent. Seventy percent of economic activity is on the basis of consumer spending, which is important. The less consumers spend the worse off we are on the road to recovery. The other disappointing factor is that construction spending decreased since December because there was a sharp drop in commercial building projects. Manufacturing also suffered. Despite all these concerns, the fact that unemployment is decreasing is a good sign for Bentley students? What do you think about the current employment situation, do you think we are headed in the right direction?

NY Times Article:?http://www.nytimes.com/2012/03/02/business/economy/us-jobless-claims-remain-at-4-year-low.html?ref=economy

Source: http://student-organizations.bentley.edu/ecofiblog/2012/03/03/greater-job-outlook/

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Margaritas Mexican Restaurant Franchise | Mexican Restaurant ...

I?d like to congratulate John Pelletier and the entire team at Margaritas Mexican Restaurant on their 25th anniversary.? This is a key milestone for any company, but especially for one in the restaurant business.? It was really nice connecting with John, as he recalls the highs and lows of the past 25 years and looks forward to the next stage of the company?s growth.

Founded 25 years ago by John Pelletier, Margaritas Mexican Restaurant Group has 23 locations throughout Massachusetts, Maine, New Hampshire, Connecticut, and New Jersey. From colorful authentic d?cor to a commitment to community relations through charitable events, student field trips, and visiting artist demonstrations, Margaritas provides an atmosphere rich with the culture and flavors of Mexico. Margaritas was recently crowned the Best Regional Chain by New Hampshire Magazine and was named to the publication?s Hall of Fame for its inclusion in ?Best of New Hampshire? for 10 consecutive years.

John Pelletier, Founder of Margaritas Mexican Restaurant

Franchise Chatter (FC):? Margaritas is celebrating its 25th anniversary this year. What are some of the key milestones in your company?s history that have led Margaritas to where it is today?

John Pelletier (JP):? Probably our greatest milestone was in 1993, when we began making regular visits to Mexico for d?cor and materials to outfit our restaurants back in the States. These trips turned into pilgrimages where we brought back new recipe ideas, learned more about Mexican culture, and really cemented our connection with Mexico as a whole. I believe the quality of our food and uniqueness of our restaurants really portray this authentic influence. As well, we began franchising in 2010 ? another key milestone. As our plans to grow evolve, franchising will play a huge role.

FC:? What are some of the most significant changes in your business, your sector, and the franchise industry as a whole during the past twenty five years?

JP:? The biggest changes we?ve faced, and I think every business owner in the restaurant or franchise industries can agree with me, have been with local and state regulations. Compliance laws, health standards, and taxes have developed dramatically since the mid-80s. Keeping up with the ever-changing legal, financial, and accounting regulations, especially with franchising, requires more work than it did 25 years ago. Thankfully, we have a great team here that keeps Margaritas ahead of the game and always in compliance.

FC:? Looking back, what was the best business decision you?ve made with respect to Margaritas?

JP: I like to think it was connecting directly with Mexico. The cultural influences have been tremendous for our business. And the connectivity is two-pronged. We respect the older Mexican traditions and incorporate modern Mexico as well. Walk into a Margaritas restaurant, and you?ll find the past meeting the present. This allows us to adapt and improve upon old traditions while still maintaining an authentic ambiance and flavor. Most importantly, our years of inundating ourselves in Mexican culture gives us the edge in providing the best, most up-to-date Mexican food, no matter what.

FC:? What are some of the things you wish you had done differently?

JP: I don?t think I would change anything. Looking back over the last 25 years, every decision I made seemed appropriate at that time, given the situation. You can only second-guess yourself so much, but I think things have gone well enough. We?re still in business and growing.

FC: What are your goals for Margaritas in the next few years and how do you plan to grow the business?

JP:? As I said, franchising is going to play a huge role in our growth from here on out. We only began a couple years back, but I think we have a good plan in motion. Already this year we opened our newest restaurant in Livingston, New Jersey. We have one more planned for 2012 to open in Delaware. The site?s been selected and details are being finalized. In 2013, we really want to start getting into the Boston market. That?s a big priority for us.

FC: Please tell us about your contest to celebrate Margaritas? 25th anniversary.

JP: Right now, if you log-on to the Margaritas Facebook page, you can enter our contest. Upload a photo with a 25-word caption or 2-minute video describing your best ?Margaritas Memory?. The grand prize winner (with the most votes) gets a trip for two to explore the Mayan Ruins in Mexico. There are some very cool prizes for the second and third most votes, too.

FC: Is there anything else you wish to share about Margaritas?

JP: It?s been a great run at 25 years so far, and I?m hoping for another 25 to come. Here is one key to success I?d like to share with any aspiring business owners out there. Make your employees your top priority. Whether in the short or long-term, the people you employ are on the front lines of communication and customer relations. Love the people in your organization and treat them well. Sustained success is not derived from a brilliant marketing strategy or a strong bottom-line. It?s from the people who are with you day in and day out, sharing in the culture and cultivating the relationships that will impact your business forever.

Tagged as: Margarita's Mexican Restaurant

Source: http://www.franchisechatter.com/2012/03/04/the-secret-to-margaritas-mexican-restaurants-25-years-in-the-business-according-to-john-pelletier-its-founder-exclusive-qa/

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22-Quart Hamilton Beach Roaster Oven Product Review | Let's go ...

With 22 quarts of capacity, this Hamilton Beach roaster oven nearly doubles the cooking capacity of most residential kitchens. Just like conventional ranges, abercrombie and fitch , this portable oven roasts, bakes, simmers, and steams ? a welcome addition to any kitchen for hectic holiday entertaining. When you require the space of a second oven or have to bake at two different temperatures simultaneously, this electric roaster is perfect.

Use it to cook whole turkeys and hams, abercrombie , casseroles, lasagna, or cakes. Serve company directly from it on a buffet or use it as a warming plate for main courses like meatballs, pulled pork, or chili. Encased in stainless steel, this roaster oven has a clean, contemporary design. In spite of high-end functionality and versatility, the Hamilton Beach portable oven is surprisingly affordably priced.
Product Features
? 22-quart portable oven for roasting, baking, and cooking.
? Heats to 450?.
? 1,440 watts of electrical power.
? Features detachable lid, removable insert pan, and lift-out rack.
? Holds this bakeware comfortably: one 9?x13? pan, one 10?x14? pan, two 9?x5? pans, two 8?x4? pans, one tube pan, or one bundt pan.
? Exterior dimensions are 25.25? long x 18? wide x 11? tall (including lid).
? This electric roaster multiplies your kitchen?s cooking capacity and is large enough to accommodate a 22 to 24-pound turkey.
? For best results, do not remove the lid of this electric roaster more than once or twice during the entire roasting process. Opening the lid will cause significant heat loss and may increase necessary roasting time.
? Since the cover remains on the oven for the entire roasting process, meats are more succulent and juicy from the steam inside the oven.
? A turkey roasted in this oven will be moist and delicious, abercrombie and fitch outlet , but the outside will not be crispy unless the turkey is finished in a conventional oven for the final 15 to 20 minutes of roasting.
? The outside of this electric roaster gets hot. Use caution around the oven and hot pads or insulated mitts when taking off the lid.
? This is a significant portable oven that needs a significant amount of storage space.
? This electric roaster is covered by the manufacturer?s one-year limited warranty.

Unplug and enable the roaster oven to cool prior to washing. In hot soapy water, wash the cover, insert pan, and rack. For tough, baked-on food, add hot soapy water to the pan and allow it to soak before scouring with a plastic scrubbing pad. Use a damp cloth or sponge to wipe the interior and exterior surfaces of the oven. Dry all pieces completely before reassembling.

To prevent discoloration, do not wash any pieces of this portable oven in the dishwasher.
Review Pros: nearly doubles kitchen cooking capability, roasts turkeys and hams to perfection, bakes large lasagnas and casseroles, great for entertaining large groups, straightforward to operate, easy to clean, reasonably priced
Review Cons: exterior surface gets hot, does not produce a crispy outer layer on turkeys, requires large storage space

To learn even more about this Hamilton Beach roaster oven and to see why it is our pick for best electric roaster, visit us at Tools for Kitchens. We have the best prices for this portable oven.

Source: http://agenziaperlavoro.net/22-quart-hamilton-beach-roaster-oven-product-review/

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Wreckage of crashed helicopter recovered off Ala.

MOBILE, Ala. (AP) ? U.S. Coast Guard officials say they've recovered the wreckage of a helicopter that crashed off Alabama in Mobile Bay, but three missing crewmembers weren't found and the search for them continues.

Capt. Don Rose, commanding officer of Coast Guard Sector Mobile, said Thursday that authorities are providing support and frequent updates on the search to the families of the missing. The missing have been identified as Coast Guard Petty Officer 3rd Class Andrew Knight, Lt. j.g. Thomas Cameron and Lt. Cmdr. Dale Taylor.

The MH-65C helicopter crashed in the bay's shallow waters during a training mission Tuesday evening. One crewmember, Chief Petty Officer Fernando Jorge, was found unresponsive and later pronounced dead.

Petty Officer Bill Colclough says searchers began combing coastal waters after the crash.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2012-03-01-Helicopter%20Crash-Alabama/id-66af05d6acf447f994e90cbe0b95a9b5

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Raise Your Self Esteem www.practicalhappiness ... - Self-Improvement

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Source: http://self-improvement.biz/blog/2012/03/02/raise-your-self-esteem-www-practicalhappiness-com/

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Santorum attacks Romney as contraception roils GOP

Republican presidential candidate, former Pennsylvania Sen. Rick Santorum speaks during during a campaign rally at the New Life Assembly of God, Thursday, March 1, 2012, in Spokane, Wash. (AP Photo/Eric Gay)

Republican presidential candidate, former Pennsylvania Sen. Rick Santorum speaks during during a campaign rally at the New Life Assembly of God, Thursday, March 1, 2012, in Spokane, Wash. (AP Photo/Eric Gay)

Republican presidential candidate, former Pennsylvania Sen. Rick Santorum holds a copy of the U.S. Constitution as he speaks during during a campaign rally at the New Life Assembly of God, Thursday, March 1, 2012, in Spokane, Wash. (AP Photo/Eric Gay)

Republican presidential candidate, former Pennsylvania Sen. Rick Santorum speaks at Peachtree DeKalb Airport, Thursday, March 1 , 2012, in Chamblee. (AP Photo/John Amis)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney greets overflow supporters in a second gymnasium after speaking at a campaign rally at Skyline High School in Idaho Falls, Idaho, Thursday, March 1, 2012. (AP Photo/Gerald Herbert)

SPOKANE, Wash. (AP) ? Seizing an opportunity to instill doubts about Mitt Romney's conservative credentials, Rick Santorum on Thursday said his presidential rival's gut reaction to a Senate measure that would have repealed mandatory health coverage for contraceptives shows the former Massachusetts governor is not conservative "at the core."

Romney opened himself to criticism the day before by telling a reporter that he opposed a Republican bill to block President Barack Obama's policy on contraceptive insurance coverage. Hours later, Romney reversed himself and said he had misunderstood the question.

But the damage was done. Santorum used the opening to score political points just five days before Super Tuesday's 10-state voting, suggesting that Romney was too moderate to defeat Obama in November.

"We aren't going to win with someone who doesn't excite the very people that we need to excite," Santorum said during a rally inside the New Life Assembly of God church. "We won 2010 not because we nominated moderates!"

The issue of contraceptive coverage resonates with conservative primary voters, but it also offers a contrast between each party's priorities that could have general election ramifications. While the issue roiled the Republican presidential contest, Obama railed against oil and gas company subsidies in New Hampshire.

The dispute offered a window into Romney's fundamental challenge in his second White House bid. He dominates his opponents with money and organization, but he has struggled to win over his party's right flank because of lingering concerns about his social conservative bona fides. The turnabout in message also allowed his critics to once again label him a flip-flopper.

Addressing a town hall-style meeting in North Dakota, Romney briefly spoke in favor of the Senate provision that pitted religious freedom against women's privacy rights and riled Americans in this volatile election year. He called Obama's decision to compel insurance companies to offer contraceptive coverage ? even for employees of religious-affiliated institutions ? "an attack on the First Amendment."

"Fortunately, there's an effort in Washington to stop that, to reverse that," Romney said.

That effort failed, however. The Senate voted 51-48 to kill an amendment offered by Sen. Roy Blunt, R-Mo., that would have allowed employers and insurers to opt out of portions of the president's health care law they found morally objectionable. That would have included the law's requirement that insurers cover the costs of birth control.

Democrats said the measure would have allowed employers and insurers to opt out of virtually any medical treatment with the mere mention of a moral or religious objection.

A spokesman for Republican presidential candidate Newt Gingrich, R.C. Hammond, said if Gingrich had been a senator, he would have voted for the Blunt amendment. "The government doesn't have a role in dictating people's religion to them," Hammond said.

Separately, Gingrich's campaign said it was issuing an anti-Santorum "robocall" challenging Santorum's fiscal conservative record.

"As senator from Pennsylvania, Santorum cozied up to the labor bosses and voted for the AFL-CIO and against a national right to work bill that would have let workers opt out of paying union dues," say the automated call, which will go to 150,000 households in both Oklahoma and Tennessee, among the states set to vote Tuesday.

Santorum, long considered a social conservative, has risen to the top-tier in the GOP contest by welcoming opportunities to stray away from the issue voters say is their top concern: the nation's economy. At a campaign rally in Atlanta, he said Romney's "gut reaction" should have been to support the bill Republican bill.

Romney spokeswoman Andrea Saul challenged Santorum's claim of being a core conservative, saying "his 'gut reaction' is to 'take one for the team' instead of standing up for what he says he believes in." Saul's reference was to the former Pennsylvania senator's recent explanation that he voted for the No Child Left Behind education law, which he opposed, because politics is a "team sport" and that "sometimes, you take one for the team."

Saul called Santorum a Washington insider and said "Romney's team is the American people."

The contraceptive flap overshadowed a dispute in Michigan, where state GOP officials changed the way they award 30 delegates from the presidential primary a day after the tally showed native son Romney and Santorum each getting 15. The Michigan Republican Party Credentials Committee voted 4-2 Wednesday night to instead award 16 delegates to Romney and 14 to Santorum.

Santorum spokesman Hogan Gidley blasted the decision as a "backroom deal."

"We never thought the Romney campaign would try to rig the outcome of an election by changing the rules after the vote. This kind of back-room dealing, political thuggery just cannot and should not happen in America," he said.

Twenty-eight of Michigan's delegates were awarded based on the results in each of the state's 14 congressional districts. Two went to the winner of each district. Romney and Santorum each won seven districts, so those 28 delegates were split.

The final two delegates were supposed to be awarded proportionally, based on the statewide vote, according to a memorandum circulated by the Credentials Committee. That would result in one delegate apiece, giving each candidate a total of 15 delegates.

Instead, the credentials committee said a new rule adopted Feb. 4 was written incorrectly, and the party intended all along to give both delegates to the winner of the statewide vote ? in this case, Romney.

__

Associated Press writers Dorie Turner in Atlanta and Kasie Hunt in Fargo, N.D., contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2012-03-01-US-GOP-Campaign/id-b08a0be2e5a74cc0b4642b5c405cb4cb

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