Overhead expenses, combined with direct material and direct labor expenses, form the three components to the cost of any product or service that a small business might offer.
In 1871, an era of political machines and patronage, Arthur was named to the powerful position of customs collector for the Port of New York. He later was removed from the job by President Rutherford Hayes (1822-1893) in an attempt to reform the spoils system. Elected to the vice presidency in 1880, Arthur became president after Garfield died following an assassination attempt by a disgruntled job seeker.
In 1992, candidate Bill Clinton, a Democrat, ran for president promising to end welfare as we know it.. In 1996, a Republican Congress passed and President Clinton signed a reform law that returned most control of welfare back to the states, thus ending 61 years of federal responsibility. National Welfare System. The emphasis during the first two years of President Franklin Roosevelt's New Deal was to provide work relief for the millions of unemployed Americans. Federal money flowed to the states to pay for public works projects, which employed the jobless.