Economic Policy
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The document discusses different economic goals, theories and policies of Democrats, Republicans and other groups. It covers various types of capitalism and economic systems, as well as the influence of corporations, interest groups and government institutions on policy creation. Key economic indicators and theories around supply and demand, laissez-faire, Keynesian and supply-side economics are also examined.
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![Types of Capitalism ,[object Object],[object Object],“ What we see emerge now is an ideological rift. On one side is the American Model of free-market capitalism, which was emulated by Margaret Thatcher's United Kingdom. On the other milder, European model that includes a stronger social safety net with attributes such as nationalized health care system and government- funded retirement and unemployment plans. Most Europeans and Canadians are very attached to this model.” (Chau, 243)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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This document provides a SWOT analysis of the Modi government in India. It details the government's strengths such as minimum government and infrastructure initiatives. Weaknesses include being a single-man government and limited focus on farmers. Opportunities exist in using foreign exchange savings for employment and capitalizing on the large mandate. Threats include limited cash reserves and lack of numbers in the upper house of parliament. Global experts generally view Modi positively and see potential for further reforms leading to strong growth.
Plans & Achievements of the modi sarkar
The document outlines several achievements and initiatives of the Modi government, including efforts to make India a manufacturing hub, promote cleanliness and sanitation across the country, develop digital infrastructure and e-governance, invest in cleaning the Ganga river, promote rural development and universal access to healthcare and education, expand banking access and provide zero balance accounts and debit cards, offer insurance schemes and pension plans for citizens, and establish the National Institution for Transforming India policy think tank.
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Week 6 Discussion 1 Presidential AdvisorRequired Resources
Week 6 Discussion 1: Presidential Advisor
Required Resources
Read/review the following resources for this activity:
Textbook: Review Chapter 2, 3 (pp. 56-59), 13
Lesson
Additional scholarly sources you identify through your own research
TEXTBOOK:
Magstadt, T. (2017). Understanding Politics: Ideas, institutions, and issues (12th ed.). Boston, MA: Cengage.
Post Instructions:
You are an advisor to the President tasked with cutting at least $300 billion from the budget. The president wants your recommendations to cut lines, not large categories. Explain why you chose those cuts.
Note: THESE ARE NOT TRUE US BUDGET NUMBERS!
.
DOMESTIC PROGRAMS AND FOREIGN AID
Cut some foreign aid to African countries
$17 billion
Eliminate farm subsidies
$14 billion
Cut pay of civilian federal workers by 5 percent
$14 billion
Reduce the overall federal workforce by 10%
$12 billion
Cut aid to states by 5%
$29 billion
MILITARY
Cut the number of nuclear warheads, and end the "Star Wars" missile defense program
$19 billion
Reduce military to pre-Iraq War size and further reduce troops in Asia and Europe
$25 billion
Cancel or delay some weapons programs
$19 billion
HEALTHCARE
Enact medical malpractice reform by reducing the chances of large malpractice verdicts
$ 8 billion
Increase the Medicare eligibility age to 68
$ 8 billion
Raise the Social Security retirement age to 68.
$ 13 billion
EXISTING TAXES
Return the estate tax to Clinton-era levels, passing on an estate worth more than $1 million to their heirs would have portions of those estates taxed.
$ 50 billion
End tax cuts for income above $250,000 a year
$ 54 billion
End tax cuts for income below $250,000 a year
$ 172 billion
Payroll tax increase for people making over $106,000 annually contributing more to Social Security and Medicare.
$ 50 billion
NEW TAXES
Institute a Millionaire's tax on income above $1 million
$ 50 billion
Add a national 5% sales tax
$ 41 billion
Add a tax on carbon emissions
$ 40 billion
Tax banks based on their sizes and the amount of risk they take.
$ 73 billion
Total gap covered by your budget plan
$_________________
Use evidence (cite sources) to support your response from assigned readings or online lessons, and at
TWO
outside scholarly source.
Summary for discussion post:
Imagine that you’re a high-ranking advisor to the President of the United States (If it helps think of a generic president, not the actual person in the White House), and you’re tasked with cutting at least $300 billion from the budget.
The president wants your recommendations to cut lines, not large categories. Explain why you chose those cuts.
Be sure to list the options you chose with their totals and your overall total as well. Reaching $300 Billion is tough, so I want you to get your total somewhere between $290 - 310 Billion.
-----------------------------------
As you start, this hypothetical budget has a shortfall (or ...
Week 6 Discussion 1 Presidential AdvisorRequired Resources
Week 6 Discussion 1: Presidential Advisor
Required Resources
Read/review the following resources for this activity:
Textbook: Review Chapter 2, 3 (pp. 56-59), 13
Lesson
Additional scholarly sources you identify through your own research
TEXTBOOK:
Magstadt, T. (2017). Understanding Politics: Ideas, institutions, and issues (12th ed.). Boston, MA: Cengage.
Post Instructions:
You are an advisor to the President tasked with cutting at least $300 billion from the budget. The president wants your recommendations to cut lines, not large categories. Explain why you chose those cuts.
Note: THESE ARE NOT TRUE US BUDGET NUMBERS!
.
DOMESTIC PROGRAMS AND FOREIGN AID
Cut some foreign aid to African countries
$17 billion
Eliminate farm subsidies
$14 billion
Cut pay of civilian federal workers by 5 percent
$14 billion
Reduce the overall federal workforce by 10%
$12 billion
Cut aid to states by 5%
$29 billion
MILITARY
Cut the number of nuclear warheads, and end the "Star Wars" missile defense program
$19 billion
Reduce military to pre-Iraq War size and further reduce troops in Asia and Europe
$25 billion
Cancel or delay some weapons programs
$19 billion
HEALTHCARE
Enact medical malpractice reform by reducing the chances of large malpractice verdicts
$ 8 billion
Increase the Medicare eligibility age to 68
$ 8 billion
Raise the Social Security retirement age to 68.
$ 13 billion
EXISTING TAXES
Return the estate tax to Clinton-era levels, passing on an estate worth more than $1 million to their heirs would have portions of those estates taxed.
$ 50 billion
End tax cuts for income above $250,000 a year
$ 54 billion
End tax cuts for income below $250,000 a year
$ 172 billion
Payroll tax increase for people making over $106,000 annually contributing more to Social Security and Medicare.
$ 50 billion
NEW TAXES
Institute a Millionaire's tax on income above $1 million
$ 50 billion
Add a national 5% sales tax
$ 41 billion
Add a tax on carbon emissions
$ 40 billion
Tax banks based on their sizes and the amount of risk they take.
$ 73 billion
Total gap covered by your budget plan
$_________________
Use evidence (cite sources) to support your response from assigned readings or online lessons, and at
TWO
outside scholarly source.
Summary for discussion post:
Imagine that you’re a high-ranking advisor to the President of the United States (If it helps think of a generic president, not the actual person in the White House), and you’re tasked with cutting at least $300 billion from the budget.
The president wants your recommendations to cut lines, not large categories. Explain why you chose those cuts.
Be sure to list the options you chose with their totals and your overall total as well. Reaching $300 Billion is tough, so I want you to get your total somewhere between $290 - 310 Billion.
-----------------------------------
As you start, this hypothetical budget has a shortfall (or gap ...
Chapter 2 PowerPoint
The document summarizes key aspects of different economic systems and goals. It discusses three main types of economic systems - traditional economies, command economies, and market economies - providing examples of each. It then outlines seven major economic goals shared by most Americans: economic freedom, economic efficiency, economic equity, economic security, full employment, price stability, and economic growth. The document analyzes each of these goals in one to two paragraphs.
Chapter 16
This document contains questions from chapters 16-18 of an economics textbook. It covers topics such as the functions of an economy, factors of production, planned vs unplanned economies, fiscal and monetary policy, globalization, and foreign policy. Specifically, it asks about economic wants and needs, scarcity, the roles of government, businesses and individuals in different types of economies, challenges faced by social security, and justifications for US military interventions.
Economics Essay Writing
The document provides an overview of three main types of economic systems: command economy, market economy, and mixed economy. It explains that a command economy involves major economic decisions being made by the government, while a market economy gives businesses and consumers more freedom to make decisions with limited government involvement. A mixed economy combines elements of both command and market economies. The document also provides examples of countries that utilize different economic systems and notes that some developing countries are moving toward more market-based systems.
Economics Chapter 2
The document defines different types of economic systems and characteristics of the American economy. It discusses traditional, command, market, and mixed economies. The key aspects of a market economy outlined are private property, profit incentive, freedom of choice, competition, and limited government control. However, the US has a mixed economy with government intervention to ensure economic goals like freedom, efficiency, equity, security, stability, and growth. Individuals have responsibilities in a free market system to support themselves, use education productively, and elect responsible officials.
Chapter18
The document discusses American economic policy, including its history and key elements like fiscal policy, monetary policy, and regulatory policy. Fiscal policy involves taxes, spending, and the budget, while monetary policy is managed by the Federal Reserve to influence interest rates and money supply. Regulatory policy oversees financial markets and international trade. Economic goals include growth, low unemployment and inflation. Deliberating optimal policy involves weighing tradeoffs among economic and political perspectives.
The Great Rightward Shift: How Conservatism Shifted the Money to the 1%
The document discusses how conservative economic policies since 1980 have contributed to increasing income and wealth inequality in the United States. It notes that the top 1% now receive over 20% of income, versus 10% pre-1980, and own 42% of wealth compared to 24% in the mid-1970s. Conservative policies such as tax cuts that disproportionately benefit the wealthy 1% and weakening of unions have shifted more of the economic gains to the top earners over the past several decades. The rise of conservative media has also encouraged working-class voters to support policies that are not in their own economic interests.
Chapter 1 - basic concepts about macroeconomics for BBA
This chapter introduces macroeconomics and important macroeconomic concepts. It discusses what macroeconomists study, including issues like inflation, unemployment, recessions, government budgets, trade balances, and economic growth. It introduces tools and concepts used in macroeconomic analysis, including aggregate supply and demand, GDP, unemployment, inflation, and exchange rates. It explains why macroeconomics is important by outlining how the macroeconomy impacts society's well-being. Finally, it provides an overview of basic macroeconomic models and concepts like stocks and flows, production possibility frontiers, and the differences between endogenous and exogenous variables.
Economics 1st chapter
This chapter introduces economics and distinguishes between microeconomics and macroeconomics. Microeconomics seeks to understand what goods are produced, how they are produced, and who gets them. Macroeconomics focuses on determining the standard of living, cost of living, and reasons for economic fluctuations. The economic way of thinking emphasizes scarcity, choice, tradeoffs and opportunity costs. Economists make positive statements using observation, models, and theories to understand economic behavior.
Free Market Road Show 2013 | Dan Mitchell
Free Market Road Show 2013 | Dan MitchellConservative Institute / Konzervatívny inštitút M. R. Štefánika
AEC, KI a INESS v spolupráci s ďalšími partnermi organizovali medzinárodnú
konferenciu v rámci Free Market Road Show 2013 na tému Šetriť alebo
nešetriť: Zachránia Európu len úsporné opatrenia?, ktorá sa konala dňa 7.
júna 2013 v Bratislave. Ďalšie súvisiace informácie nájdete na
www.konzervativizmus.sk
AEC, in cooperation with the Conservative Institute and INESS, and in
association with international partners organized the Free Market Road
Show 2013 in Bratislava on June 7, 2013. More information at
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Behavioral economics studies how cognitive, emotional, and social factors influence economic decisions. It assumes humans are not perfectly rational in their decision making like classical economics proposes. Behavioral economics incorporates psychological insights to better understand economic behaviors. Modern economics now combines both psychological and rational choice perspectives to more accurately model how individuals make decisions that impact markets and resource allocation.
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Week 6 Discussion 1 Presidential AdvisorRequired Resources
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Recall,Initiative, Referendum2
California allows citizens to directly participate in the legislative process through initiatives, referendums, and recalls. While some argue this makes democracy more direct, others counter that these tools are actually used by wealthy elites and special interest groups to push their agendas. Additionally, many initiatives end up being poorly written or invalidated in court due to the public not having sufficient expertise to craft legislation. Overall, there is debate around whether direct democracy through these processes truly empowers citizens or is susceptible to manipulation.
California Politics (Summer06)
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Political parties seek to attain political power within a government by participating in electoral campaigns. Major factors like representation systems and constitutions impact a country's party structure, determining whether it will be one-party, two-party, or multi-party. Key political cleavages like state vs. church form the basis for parties that remain influential over time despite new issues. The US Constitution is silent on parties because the founders saw them as corrupt, but parties have come to dominate US politics organized around ideologies like conservative vs. liberal economics. Major historical US parties include the Federalists, Democratic-Republicans, Whigs, and modern Republican and Democratic parties.
Political Parties
Political parties are important organizations in a democracy that seek to attain political power. They mobilize public support, organize and run elections, recruit candidates, and present alternative policy positions. While the US Constitution does not mention political parties, they have become integral to the structure and functioning of government by accepting responsibility for governing when in power and acting as opposition when not. The major US parties are currently the Republican and Democratic parties, which differ in their ideological stances but both aim to unite segments of the population behind their agenda.
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Voter turnout in the US is low for several reasons. Factors like religion, marital status, and having children influence how voters cast their ballots. The Democratic party has traditionally relied on four pillars of support - Roosevelt intellectuals, the Catholic Church, labor unions, and African Americans. However, outreach to Catholics and unions has declined. To win national elections, Democrats need to capture over 60% of moderate voters as the electorate has become more polarized. Candidates try to appeal to moderates and show respect for rural values to win their support.
Political Parties Iii
Political parties are important in a democracy to organize candidates, present alternative policy options to voters, and help mobilize public support. The main US political parties today are the Republican Party and Democratic Party. They emerged from the early Federalist and Anti-Federalist parties and evolved through various political eras and realignments related to issues like slavery and economic policies. Parties help structure government and provide accountability to voters.
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Interest groups attempt to influence government through lobbying and advocacy on issues important to their members. They communicate with politicians and use tools like money, gifts, and propaganda to sway decision making. Political parties seek to attain political power by participating in elections. They often support certain ideologies and represent subgroups with differing interests. The major US parties are the Republican Party, considered more socially and economically conservative, and the Democratic Party, considered more socially liberal and economically interventionist.
The Legislative Branch New
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2b Foundation Of Us Dem
The document discusses the influence of British rule on the creation of American democracy. It mentions key documents like the Magna Carta and Glorious Revolution that established limits on monarchal power in Britain and influenced the colonists. The 13 English colonies were established between 1687-1776 for reasons like religious persecution or as trading posts. Grievances with British rule and taxes without representation led to the American Revolution. The Constitution was influenced by Enlightenment thinkers like Locke, Montesquieu, Hobbes, and Rousseau.
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❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
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Best Competitive Marble Pricing in Dubai - ☎ 9928909666
Ellen Burstyn: From Detroit Dreamer to Hollywood Legend | CIO Women Magazine
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Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Satta Matka
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The Most Inspiring Entrepreneurs to Follow in 2024.pdf
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Economic Policy
- 1. Economic Policy What are the Democrats and the Republicans economic goals? What is the best way to achieve this objective? Why is it important to have a strong economy?
- 12. Theory on Supply and Demand
- 13. Theory on Supply and Demand 4,000 20,000 $8 6,000 18,000 $7 8,000 16,000 $6 10,000 14,000 $5 12,000 12,000 $4 14,000 10,000 $3 16,000 8,000 $2 18,000 6,000 $1 Supply Demand Price
- 14. The Invisible Hand, efficient?