Overview 2023 began with much speculation about the economy. Would there be a recession? Would economic growth continue leading to a soft landing? The Federal Reserve began raising interest rates in 2022 to reduce consumer and business spending to combat inflation. The Federal Reserve tries to accomplish this goal through targeting the “federal (fed) funds […]
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Flexibility in accounting class options introduces new possibilities for traditional, transfer, and non-traditional students. “Creativity” and “accounting” are two words not typical thought of as going together. But “creativity” and “accounting” can go together well. How? Just ask University of Wisconsin-Stevens Point’s accounting faculty. Their creativity is helping to develop a high-quality accounting educational experience […]
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Students interested in becoming a Certified Public Accountant (CPA) have found a system to make the process easier. The streamlined practice also assists local businesses with on-boarding certified professionals faster to fulfill staffing shortages. Abby Schmidt attended UW-Stevens Point (UWSP) for her undergraduate degree in accounting. During her junior year, she was exploring her options […]
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Now with the rising need for more substitute teachers, UW-Stevens Point students are now able to meet the need for substitute teachers due to a recent change in state law. UWSP is helping to address the need for more substitute teachers. More than 70 UWSP students have been approved to be substitute teachers. Students like […]
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For nearly 40 years, Daryl Davis has engaged leaders of the KKK face-to-face to find the answer to a question, “How can you hate me when you don’t even know me?” Davis shared his powerful experiences of how respectful conversations have led to genuine friendships with many who disavowed hateful beliefs during “Diversity Lessons from […]
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Recently there has been a lot of buzz about implementing a form of flat tax, a 30% national sales tax, to replace the current tax structure. This blog provides a simple (yet realistic) example to demonstrate the implications for taxpayers if the currently proposed federal national sales tax of 30% was implemented. Prior to the […]
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University of Wisconsin-Stevens Point senior business administration major and Wausau native Roy Thorson began 2023 with some significant news. He learned he had won the Tommy G. Thompson Leadership Scholarship, awarded to one student at each University of Wisconsin campus. In his application, Thorson highlighted his nearly two years as president of the Pointers Vote […]
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Retired Professor of Military Science John Grant “Jack” Porter, 91, died on Jan. 18, 2023. After graduating from West Point in 1954, Porter enjoyed a 21-year military career. His final assignment was as professor of Military Science at UW-Stevens Point during what was a turbulent time for those in the military. In spite of this […]
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The ROTC Northwoods Battalion at UW-Stevens Point was ranked 15th out of 274 in the nation for its Order of Merit score. This ranks ROTC cadets on academics, physical abilities and university athletics participation, campus leadership evaluations, summer training and extracurricular activities. “Our cadets have performed exceptionally well this last year and rank among the finest […]
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Overview First, a few definitions. The federal budget deficit refers to the amount U.S. federal government spending exceeds government income. To finance a budget deficit, the government borrows money from the public through the issuance of U.S. government debt called U.S. Treasury securities. The Total Public (Federal) Debt Outstanding represents the total (principal) amount of Treasury securities […]
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