Public Economics Quiz 8 Name: _____________________________________ I have acted with honesty and integrity in producing this work and am unaware of anyone who has not. _______________________________________ 1. List your candidates: Republican: Ben Carson Democratic: Bernie Sanders 2. What changes does the Republican candidate recommend? Be as specific as you can (not always easy). Cite your source. Ben Carson believes that the age at which social security is received should be increased. He argues that our life expectancies have increased and so the age at what you receive social security should be older. We should pay fewer years of social security to each individual, instead of them being on it for a long period of time. Carson recommends that this change be done over a long period of time. …show more content…
2015. “Potential Presidential Candidate, Dr. Ben Carson On Social Security, Glass-Steagall, And Taxes” Forbes, January 29. http://www.forbes.com/sites/mikepatton/2015/01/29/potential-presidential-candidate-dr-ben-carson-on-social-security-glass-steagall-and-taxes/ 3. What changes does the Democratic candidate recommend? Be as specific as you can (not always easy). Cite your source. Bernie Sanders wants to further expand social security. He believes that we are giving the individuals on social security too little to live on. He is suggesting that we raise the taxes and that we tax more of the incomes. He comes from the stance that people with different incomes, should pay in different amounts. Raise the limit of taxable income for higher income individuals. According to Sanders, social security should remain a public entity. On The Issue. 2015. “Bernie Sanders On Social Security.” On The Issue, October 15. http://www.ontheissues.org/2016/Bernie_Sanders_Social_Security.htm 4. If you had to pick one of the two policies/changes listed above, which would you support? Justify your
The social security is a costing system and it occupies a big proportion in the government spending. In Barbara R. Bergmann’s article “Could Social Security Go Broke?,” she deems that there is enough fund in the social security system and the government can easily transfer the tax income from current employees and firms that employ these employees to the social security to support retirees’ lives. This point of view only can be considered as assumption, but not for the real world. After the finacial crisis in 2008, a large number of employees were laid off during that time and some employees decided to retire early, which results the labor force in American has shrunk. In the meantime, the presence of effective technology products,
As the saying goes, knowledge is power, and one way Sanders wants make America more powerful is by educating more Americans. When it comes to education Bernie Sanders believes that the best-educated workforce in the world is needed, due to the highly competitive global economy. He will do this by making college both free and debt free. If elected president, Bernie Sanders will take six steps to make college affordable regardless of a parent 's income and without going into deep debt.
Shahad Jadallah English 1301 Ms. Dies 20 October 2015 Social Classes In my analysis of Dee Dee Myers’s “Politico”, I argue that the article does not meet the standards for publication in The Shorthorn for many reasons. In the article Myers only gives one side of the argument; she makes the wealthy republicans seem that they get so many benefits with taxes and that they don’t want to help anyone else besides themselves. Since Myers is a democrat she lacks some input from the republican side to balance out the argument. In this biased article, Myers is trying to persuade the reader to what she believes.
It has always been known that in order to gain trust from voters and also sound credible political candidates need to assert both their personal and moral convictions. For example, John F. Kennedy confronted a religious issue in his Campaign Speech to the Houston Ministerial Association. On the other hand, Bill Clinton talked about his absence of experience on the military area and also stated his opposition towards the Vietnam War during his speech Address to the American Legion Convention. During the delivery of their speeches both candidates confronted a rhetorical obstacle; this obstacle was inertia, and structure and tone were the two strategies that served as key for the candidates to get through the obstacle.
Although many claim that there is gender equality in the United States, it is untrue. Out of all the women inequality issues Bernie Sanders hopes to fix if he becomes president, unequal wage and maternity leave are the ones that entice me the most. Women are faced with inequality of receiving a low working wage compared to men for doing the exact same job as them. Women who work full-time only earn 78 cents for every dollar a man earns, which is very unjust. Therefore, increasing the minimum wage to $15 an hour would remarkably boost the wages of more than 15 million women which would help close the wage
Bernstein’s account of social security is more accurate, because of the fact that only 80 percent benefited from the social security programs. Those included, unemployment insurance, benefits for children, such as medical assistance needed, and Retire benefits. Bernstein “exaggerates” for the good things that he will do in the United States, and the people are leaving out. Those included farm workers, domestic help and sharecroppers. The programs like the social security didn’t really benefit the people and the new deal was not looking so great.
The chapter 6 of our study book addresses the interest rates and yield curves. It started by giving an overview of the interest rates fluctuation in the US economy over the last decades and how the demand for bonds increased with reduced interest rates (demand curve shifting right) when the business conditions were favorable. This situation made the bond prices go high while the yields go lower, the opposite is true as well when the business climate was unfavorable. The risk structure part of the chapter explained the difference between corporate and treasury bonds in terms of risk, indicating that the US government never defaulted on its bonds while corporations are more likely to default due to their relying on business conditions.
Democratic socialism is starting to cause a ruckus in the American political system, but this misunderstood political philosophy often times faces the greatest of criticisms. Democratic socialism is an ideology that takes its root in the work of political revolutionaries that grew tired of the exploitation of the working class such as, Karl Marx and Friedrch Engels. Its relationship with the aforementioned revolutionaries often causes many to relate democratic socialism with communism and other failed political ideologies that the United States has historically opposed. While many believe that democratic socialism is a direct attack on the capitalistic foundation the U.S. was built upon, it is far from it. As a new generation of voters arises
" On The Issues. OnTheIssues.org, 21 Sept. 2016. Web. 21 Dec. 2016.
William Jefferson Blythe III came into the world as a fatherless child on August 19, 1946. He was the only son of Virginia Dell Blythe and lived with his grandparents, Edith and James Cassidy in Hope, Arkansas. After four years, Virginia married Roger Clinton, and moved to Hot Springs with Bill, who attended a Catholic School in the city. After graduating high school, he became a student politician in Georgetown and won their presidential election in his freshman year. As a result of his skills, Bill qualified for a Rhodes Scholarship to Oxford University, and later arrived at Yale to practice law in the state of Arkansas.
Lydia Northcutt Mr.Holiday English 10 22 May 2016 Feel The Bern “We got a collapsing middle class. We have more wealth and income inequality today than we’ve had since the 1920s.. And what big money can do is put an unbelievable amount of TV and radio ads out there to deflect attention from the real issues facing the American people.” These words from Bernie Sanders as he noticed the problems the American people face today.
1. In the following questions, select the one which is different from the other three options: (A) 36-42 (B) 72-12 (C) 48-18 (D) 56-76 Answer: D Explanation: Except D, all pairs are completely divisible by 6. 2. In the following questions, select the one which is different from the other three options: (A) Rectangle (B) Square (C) Circle (D)
When people aren’t able to receive benefits for 5 more years, it is like cutting these benefits by 20 percent or more and will result in millions of today 's workers facing poverty at retirement (Raising the Social Security Retirement Age: A Cut in Benefits for Future
“... We must make it clear beyond peradventure that our aim is to distribute the burden of supporting the Government more equitable than the present; that we intent to treat rich man and poor man on the basis of absolute equality, and that we regard it as equally fatal to true democracy to do or permit injustice to the one as to do or permit injustice to the other.” The progressive tax does not ensure the fairness to the higher class by increasing their taxes, just because they earn more money. It makes it harder for the higher class to keep the money that they have earned rightfully and use it to promote their career or future. “As Americans we should insist on equality in our tax code -- and begin the next millennium by making the progressive income tax an oddity of our history, not a burden of our
Thank you for the invitation to speak to you today. It’s wonderful to be in Detroit. We now begin a great national conversation about economic renewal for America. It’s a conversation about how to Make American Great Again for everyone, and especially those who have the very least.