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Relevance of democracy in america
Relevance of democracy in america
Relevance of democracy in america
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After the Revolutionary War, most states went into debt because the finance of the Revolutionary War pushed out the taxes three or four times the level to help wage the war. Most American demanded the relief of high taxes and heavy debt. Alexander Hamilton "instituted a plan to get the brand new nation off on the right foot financially." Hamilton believed in debt because in order to establish credit you must have the ability to borrow in the future. Hamilton also wanted to establish a national bank to unify and stabilize currency called the Bank of the United State.
The charge about the old days of the American economy—the nineteenth century, the “Gilded Age,” the era of the “robber barons”—was that it was always beset by a cycle of boom and bust. Whatever nice runs of expansion and opportunity that did come, they always seemed to be coupled with a pretty cataclysmic depression right around the corner. Boom and bust, boom and bust—this was the necessary pattern of the American economy in its primitive state. In the US, in the modern era, all this was smoothed out.
Introduction and Conclusion Every little boy dreams of being a football star. Unfortunately, the chances of getting into the (National Football League)NFL are only about two percent. One person who beat these odds is Jerry Rice. Jerry Rice is one of the best NFL players.1)First we will talk about Jerry Rice’s background, where he came from and so forth, 2)then we will talk about his accomplishments, 3)and lastly we will talk about how he has impacted his community.
This quote exemplifies how America’s debt was no longer an embarrassment and people bought without concern for consequences. With a mindset such as this, it was inevitable that the day would come when the economy would face these repercussions of speculation. On October 29,
In his article, “Dude, Where’s My Policy?”, economist and columnist, Paul Krugman argues that the initial uproar and fear that many intellectual liberals felt immediately after Trump’s election should be abandoned on the basis of Trump’s lackluster domestic policy development. Krugman instead champions the idea that Trump will be an ineffective President. By minimizing the effect of Trump’s presidency on the long term political climate Krugman comforts an audience of his peers who fear the world that Trump’s presidency will create. Krugman begins his article with a comedic tone to express his frustration with Trump and establish camaraderie with his audience:“What Trump has done or tried to do over the past two years-wait it’s really only been two weeks?-is incredibly bad”(1). This statement also serves to introduce Krugman’s purpose.
Economics is concentrated around the production, consumption, and transfer of wealth in a certain country. Within America alone, economics is a widely debated topic as well as a substantial matter in political debate. Trickle down economics gained popularity in the United States in the 1980s during the Reagan Administration, it is essentially an economic principle that advocates reducing tax on the wealthy as a means to encourage business investment in the short term. In Chaos or Community, author, Holly Sklar explores the wealth and poverty rates, not only in America, but also globally. Although it is notable that this article is not as formal as most, it still holds a considerable amount of factual information as well as providing the interested audience with cartoons and quantitative tables.
A publicly funded debt contributed to national government stability. Previously, the treasury must not deal with Confederacy Era debt, although Hamilton suggested Congress to redeem fifty-five million dollars to foreign banks, soldiers, and contractors. The Republican ideology regarding debt was that America must pay it off and that states are responsible for their own actions. However, Hamilton’s response to the debt was to fund it, rather than paying it all off. He believed that debt is good, which was a contrast to the Republican ideology.
With bad credit, the United States will not be able to obtain loans in times of need, such as in times of war. In this case, the government will no longer be able to run effectively. In the Federalist paper no. 34, Hamilton states that no restrictions should be placed on the taxing power of the federal government. There is no way to know what crises will occur in the future, therefore the government must be prepared. In fact, Hamilton states that if restrictions are placed on the taxing powers of the national government, it will be placing the power of individual states over the interests of the union.
The topic of the night was the national debt crisis. Alexander Hamilton, a strong supporter of federal assumption, and James Madison, a loyal Virginian, were among the guests of this carefully calculated soiree. Personal motivations of wealth and power guided their conversations. Hamilton’s economic plan was devised to benefit the urban elite, who were, in his mind, the keystone of American economics. States like Virginia that had managed to pay off large amounts of their debt, now risked being charged more in new taxes under Hamilton’s plan.
All through his book Gordon explains how the debt has influenced and shaped the history of America economy. Hamilton wanted to reshape the American economy, thus he proposed the virtues of the national debt claiming that when it is limited it may be a national blessing. While providing the audience with a history of the American debt, Gordon aims at proving Hamilton 's beliefs. Indeed, the author wants to show that if the debt is used wisely, it may turn out to be a useful political and economic instrument. To support the assertion that the budget deficit is not necessarily evil, he includes different events of the American history.
In 2012, Barack Obama released the ad “Read my Plan” highlighting his presidential plan if re-elected. Obama promotes himself by describing his economic plan and how it will create a stronger middle class. He attacks Governor Romney’s economic plan by saying it is just what has always been done. Obama adopts a tone that makes the audience feel familiar with him to connect with middle-class families. In the political ad, “Read my Plan,” Obama for America uses logos, pathos, consonance, apostrophe, and the straw man fallacy to illustrate Obama's plan and inform the reader that Obama's plan will continue to strengthen our economy, but Romney's plan will undo the progress the country has already made.
In his inaugural speech delivered at the peak of the Great Depression, President Roosevelt said, “First of all, let me assert my firm belief that the only thing we have to fear is fear itself.” In this quotation, Roosevelt outlined the importance of committing fearless actions and the willingness to do anything it takes in order to fix the severe economic decline. His motivating speech inspired many U.S. citizens and excited them that they elected a spectacular and brave president who was willing to sacrifice anything for the betterment of their
Rhetorical Analysis Former Illinois State Senator and soon to be Forty-fourth president of the United States, Barack Hussein Obama, recounts what happened in the past to make America what is today and how he intends to maintain the ideas of America’s founding fathers throughout his term of presidency. His intended audience of the first inaugural address is the citizens of America and his purpose was to comfort them about the past and encourage the future of America. He creates a patriotic and empowering tone in order to appeal to pathos. His diction throughout the speech illustrates patriotism, allusions, and anaphoras. Obama opens his speech by discussing the views of our forebears and documents and how we have followed through with those views.
Barack Obama’s win for President in 2009 was a historical moment for the United States. His inaugural speech was much anticipated, because this was going to set the tone for his presidency. His speech told the American people that improving the economy is one of his priorities, but there were also other areas he would like to improve like healthcare and the education system. This was a speech that was meant to persuade the American public to take action for them to rise as a nation again, and for them to put their trust into him. His message addressed a couple of specific points like his gratefulness to the American people, the different crises America is facing, how America will overcome these crises, replying to his cynics, addressing the world, and then he reminded America again to be brave like they’ve always been to overcome the hard times (5 Speechwriting Lessons from Obama's Inaugural Speech, (n.d.).
Change Starts With You: An Analysis of Michael Jackson’s “Man in the Mirror” 1980s pop megastars were responsible for guiding pop culture into a revolution of emerging trends. A decade full of discrimination, immigration, homosexuality, poverty, and health crises, where the public looked towards celebrities for inspiration. Michael Jackson, King of Pop broke more social barriers than any other icon of his time. Michael’s 1987 hit, “Man in the Mirror” was an upbeat pop song that inspired a revolution. The soulful melody brings attention to the need for change in a world full of discrimination, narcissism, and neglect, while provoking the thought that change begins with ‘you’.