Friday, December 20, 2019

Impact of Reaganomics on the American Economy - 1014 Words

Leading up to the year 1981, America had fallen into a period of â€Å"stagflation†, a portmanteau for ‘stagnant economy’ and ‘high inflation’. Characterized by high taxes, high unemployment, high interest rates, and low national spirit, America needed to look to something other than Keynesian economics to pull itself out of this low. During the election of 1980, Ronald Reagan’s campaign focused on a new stream of economic policy. His objective was to turn the economy into â€Å"a healthy, vigorous, growing economy [which would provide] equal opportunities for all Americans, with no barriers born of bigotry or discrimination.† Reagan’s policy, later known as ‘Reaganomics’, entailed a four-point plan which cut taxes, reduced government spending,†¦show more content†¦Reagan’s deficit spending did not only affect that period of time, it created a tolerance for deficit spending that will continue to affect the economy for many years. This time saw much prosperity for certain areas, such as the stock market. Investors were receiving astonishingly high returns on stocks and were seeing their incomes skyrocket. Overall, during the 1980s real GDP per capita increased by 23% and the value of the stock market almost tripled. However the economic choices Reagan made—transferring the weight of taxes from the rich to the poor—had unfairly redistributed the wealth in the nation. Along with the great prosperity came the equal suffering on the part of the lower class who felt the pains of Reagan’s policies. The wealthiest â…• of Americans’ income soared by a rate of 14%, while the poorest â…• of Americans’ income declined by 24%, widening the gap between the social classes. Even though Reagan was very confident about his economic plan many others were weary of his ideas. George W. Bush Sr. proclaimed Reagan’s economic ideas as ‘Voodoo’ economics believing Reagan’s policy would not live up to its predicted outcome; ironically enough Bush and his son both adopted these policies during their presidencies. Many important congressmen had many fears in Reagan’s policies, they believed that imposing such tax cuts would raise inflation and cause higher interest rates. The public on the other hand, praised theseShow MoreRelatedThe Philip s Curve And Modern Macroeconomic Policy Making?1233 Words   |  5 Pagesshows the relationship between the rate of unemployment and the rate of inflation in any given economy. The discovery of Philip’s curve by the great British economist gave room for the analysis of modern macroeconomic policy tools as well as management of different economies around the globe. The curve can be used t o analyze the relationships between inflation and unemployment rates affecting modern economies. The curve can be used to address higher rates of inflation by adopting the appropriate fiscalRead MoreEconomic Policies Implemented During President Reagans Administration From 1981-19891313 Words   |  6 Pages Reaganomics refers to economic policies implemented during President Reagan’s administration from 1981-1989. The main ideology of Reaganomics was conservation which promoted that â€Å"government is the problem, not solution†. That means, society and market would function better with limited government power and regulations. Accordingly, Social wealth was distributed by unrestricted market, and profits that capitalists earned would trickle down to the bottom of society. In this way, people were in chargeRead MoreThe United States Tax System1576 Words   |  7 Pagescolonies to assist in reducing their debt and funding their interests. The increase in taxes, especially on tea, led to development of the Boston Tea Party, whose goal was to protest the new taxes. These events eventually lead the colonies into the American Revolution in year 1775.2 Soon after the revolution, the Articles of Confederation was crafted, which gave states their individual right to tax or go vern without the control of the central government. In addition to the formulation of the ArticlesRead MoreHow Reganomics Destroyed Middle Class America1812 Words   |  8 PagesHow Reaganomics Destroyed the Middle Class Reaganomics are the economic policies that were set and promoted in 1980s by the U.S. President Ronald Reagan. These policies are mainly connected to trickle-down economics. 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The ColdRead MoreRonald Reagan s President Of The United States1166 Words   |  5 PagesWithin the past 30 plus years, there have been three main things that either have or still currently impact our society and generation in America as a whole; Modern Day Immigration, the concept of â€Å"Reaganomics†, and the terrorist attacks that occurred on September 11th, 2001 (also known as 9/11). For a variety of reasons, these things have turned into either political, economic, or societal issues (or often times a combination of the three). Over the years, these things have helped shape societyRead MoreThe Economic And Social Changes During The 1960s Under The Reagan Administration989 Words   |  4 PagesLife in America began to undergo great economic and social changes during the 1980s under the Reagan Administration. During this period of time, stagflation began to distress the US economy, leaving millions of Americans to fall victim to homelessness and poverty. The unemployment rate had reached its highest peak since the Great Depression, creating a major crisis for low-income families and other individuals concerning living conditions. The introduction of Reaganism into society primarily focusedRead MoreThe Great Divergence Is An Enlightening And Critical Examination Of America1173 Words   |  5 PagesTimothy Noah’s book, The Great Divergence, is an enlightening and critical examination of America’s ever-growing income inequality. Noah distinguishes his book from others of its kind by suggesting a number of surprising causal relationships among American income inequality and a number of unexpected variables. These variables include immigration, inability to fund higher education, tax loopholes for the top tenth of one percent of earners, and unequal government. Additionally, he works with more commonRead MoreReaganomics Essay1894 Words   |  8 PagesHow Reaganomics Will Affect My Life Reaganomics was economics policies which were propelled by United States President, Ronald Reagan during 1980s. These policies were based on fours pillars namely; reduction of the growth of government spending, reduction of income and capital gains marginal tax rates, reduction of government regulation of economy, and controlling of the money in supply so as to reduce inflation. Their basic aims were to lower taxes and create a leaner government. According toRead MoreTax and Reagan1575 Words   |  7 Pageswas troubled by the late 70’s. Due to this many Americans were ready to embrace a new conservatism in social, economic and political life in the 80’s. In the 1980 bid for President, Reagan won the Republican nomination after two failed attempts in 1968 and 1976. Although Ronald Reagan once held Democratic views, he grew more conservative and he official took the side of the Republicans in the 1960’s. Reagans domestic views were the change Americans were loo king for and Reagan, along with his running

Thursday, December 12, 2019

KING HENRY VI, PART III Essay Example For Students

KING HENRY VI, PART III Essay A monologue from the play by William ShakespeareYORK: She-wolf of France, but worse than wolves of France,Whose tongue more poisons than the adders tooth,How ill-beseeming is it in thy sexTo triumph like an Amazonian trullUpon their woes whom fortune captivates.But that thy face is vizard-like, unchanging,Made impudent with use of evil deeds,I would assay, proud queen, to make thee blush.To tell thee whence thou camst, of whom derived,Were shame enough to shame thee, wert thou not shameless.Thy father bears the type of King of Naples,Of both the Sicils and Jerusalem,Yet not so wealthy as an English yeoman.Hath that poor monarch taught thee to insult?It needs not nor it boots thee not, proud queen,Unless the adage must be verified,That beggars mounted run their horse to death.Tis beauty that doth oft make women proud;But God he knows thy share thereof is small.Tis virtue that doth make them most admired;The contrary doth make thee wondred at.Tis government that makes them seem divine; The want thereof makes thee abominable.Thou art as opposite to every goodAs the Antipodes are unto usOr as the South to the Septentrion.O tigers heart wrapped in a womans hide!How couldst thou drain the lifeblood of the child,To bid the father wipe his eyes withal,And yet be seen to bear a womans face?Women are soft, mild, pitiful, and flexible;Thou stern, obdurate, flinty, rough, remorseless.Bidst thou me rage? Why, now thou hast thy wish.Wouldst have me weep? Why, now thou hast thy will.For raging wind blows up incessant showers,And when the rage allays the rain begins.These tears are my sweet Rutlands obsequies,And every drop cries vengeance for his deathGainst thee, fell Clifford, and thee, false Frenchwoman.

Wednesday, December 4, 2019

Lewis and clark Essay Example For Students

Lewis and clark Essay Lewis and Clark are two names forever linked. These two names, the last names of Meriwether and William respectively, are that of two of the greatest explorers in the history of the United States. With the help of Indians and a group of brave men, the vast area west of the Mississippi River was the object of their exploration. Lewis was born to a Virginia planter family in 1774. His father, who had been an officer in the American Revolution, died when Lewis was five years old, and for a brief time he lived in Georgia when his mother moved there with her second husband. After assuming the management of his familys Virginia plantation, Lewis joined the state militia in 1794 to help put down the Whiskey Rebellion in Pennsylvania. He continued his military career as an officer in the regular army, serving on the frontier in Ohio and Tennessee, and rising to the rank of captain by 1801, when he accepted an invitation from President Thomas Jefferson, an old family friend, to serve as his private secretary. Even before the Louisiana Territory was purchased from France, Jefferson was ready to send an expedition into the frontier. In January of 1803 Congress approved a plan for an expedition. Jefferson had many reasons for employing the explorers. A boundless curiosity for botany, zoology, and geography was one of Jefferson’s main reasons. Also Jefferson wanted to establish communication and some interaction with the Indians. The purchase of the Louisiana Territory was an entirely unexpected outcome. Robert Livingston, an ambassador to France, was told to discuss the purchase of the port of New Orleans from France. After weeks of fruitless efforts to buy the port, Livingston got lucky. The French, in need of money to wage wars in Europe, offered him the entire Louisiana Territory. A surprised Livingston purchased the entire territory for fifteen million dollars. The Louisiana Purchase affected the expedition greatly. First, the party would be exploring their own country, a benefit that greatly pleased Lewis. The party was going to be limited to no more than fifteen men so that it would remain secret from Spain, who owned the land at the time the expedition was originally planned. Now the party could be expanded. With a much larger party, a second officer was needed. Lewis chose William Clark to be that officer. Clark was born into a Virginia plantation family in 1770, the youngest of six sons and the youngest brother of George Rogers Clark, the hero of the American Revolution in the West. When he was fourteen, Clarks family moved to a new plantation in Kentucky, and he would spend the rest of his life on Americas shifting frontier. Beginning in 1789, Clark served as a militiaman in campaigns against the Indians of the Ohio Valley. He became an officer in the regular army in 1792, and in 1794 fought in the battle of Fallen Timbers. Two years later he resigned from the army to manage his familys plantation. Clark had become a friend of Meriwether Lewiss when they served together at Fort Greenville, Ohio, in 1795, and quickly accepted his invitation to serve as second officer of the famed expedition. In preparation for the journey into the unmarked territory Lewis studied many subjects. He studied botany, zoology, geography, and the use of navigational instruments that would be needed along the way. Most importantly, he studied medicine. Studying with Dr. Benjamin Rush, Lewis learned how to treat common illnesses that he would encounter on the journey. Clark also studied many of the same subjects as Lewis including extensive research on cartography. This was helpful because Clark made the majority of the maps. Purchasing supplies was an especially difficult task because it was unknown to Lewis what would be needed in the unexplored land. Medicines, several tools, rope, guns, ammunition, blankets, clothes, kettle, cups, pens paper, and canned soup were some of the many things purchased for the trip. The canned soups were doubly useful because when finished the cans were melted into bullets. For transportation up the Missouri a keelboat was made. The characteristics looked for in the people volunteering to be apart of the expedition were strong, unmarried men with hunting, blacksmith, or carpentry backgrounds. Many of the men were from the military to protect the party from Indian attacks. The men would be paid ten dollars a month plus clothing and subsistence. When the expedition returned they would be granted immediate discharge. The men would also receive a portion of land equal to that given to officers in the Revolutionary war. Social Issues EssayThe waters of the Columbia River were very turbulent and full of narrow, rocky channels. The Chinook tribe thought to be hostile did not give the Corps any trouble. After a portage around the Cascades the climate changed. Rain became much heavier and the Corps were rained upon so heavily that their clothes rotted on their backs. The captains made the journey to the Pacific at different times but each reached the western most point in their trip. Sacagawea also reached the ocean when going along on a trip to see a beached whale. The rest of the Corps of Discovery stayed at Fort Clatsop for the winter. The temperature stayed above zero but the wet cloudy weather was just as bad. The meat spoiled within days and had to be eaten spoiled because of lack of food. On March 23, 1806 the Corps began the long journey home. The journey up the Columbia River was even fiercer. The Indians were not as willing to trade for horses. The Indians even stole form the Corps showing how little sympathy they had for the group. The Corps traded every possible thing they could spare for the horses and used there knowledge of medicine and healing to gain favor with the Indians. The Walla Walla tribe helped immensely. Giving food, a welcoming celebration, and many fine horses the Corps were back on their feet and ready to travel the Lolo Trail once again. Only this time the Corps traveled the shorter more direct route. At the Great Falls the Corps separated. Lewis led a group of men exploring Northeast of the falls and trying to make peace with the Blackfeet tribe and Clark led a group exploring the Bitterroot Valley. The two groups would meet at the mouth of the Yellowstone River. When the Corps reunited at the mouth of the Yellowstone River they journeyed to the Mandan Villages where the Corps lost four members of their group, the three members of the Charbonneau family and John Colter who joined a fur trading party. The Corps then traveled down the Missouri River to St. Louis and on September 23, 1806 the expedition ended. When in St. Louis Lewis wrote a letter to Jefferson about their arrival home. The Corps of Discovery were honored with parties, ceremonies, and balls. Captain Meriwether Lewis led an unsuccessful life after the expedition. Never marrying, Lewis entered into politics as the governor of the Upper Louisiana Territory; however, politics did not suit Lewis well. Lewis died of a gunshot wound in Tennessee. It is believed that he committed suicide. Captain William Clark became the militia leader of the Upper Louisiana Territory and the superintendent of Indian affairs in St. Louis before marrying Julia Hancock. Clark had four sons with Julia and when Julia died he married Harriet Kennerly and had two more sons. In 1838 at the age of sixty-eight Clark died of natural causes. The effects of the expedition were not evident right away but were great. The maps, drawings, and journals brought back by the Corps took some of the fear away from settlers wanting to move into the territory. The fur trade in the west was also expanded greatly by the expedition. The United States’ claim to the Oregon Country became stronger then Britain’s by virtue of their exploration and presence in the territory. The expedition could not have survived without the Indians. Despite this fact, however, the expedition hurt the Indians. The door was opened for American settlers to move into the territory and to try to force the Indians out of the territory. The west will forever be linked with Lewis and Clark, the two men who opened its doors. With undaunted courage and patriotic spirit these explorers survived an arduous journey through the uncharted lands of the Louisiana Territory and placed themselves among the greatest explorers of all time.

Thursday, November 28, 2019

Amenhotep Iv Essays - Amarna Period, Amenhotep III, Amun, Akhenaten

Amenhotep Iv During the time of the New Kingdom of Egypt, peace reigned throughout the nation. Egypt's enemies the Hyksos had been removed from rule and Egypt prospered. In fact she become an empire. By the time Amenhotop III sat on the throne Egypt was a land of wealth. Amenhotop was considered to be an equal or better Among other rulers throughout the area. Other rulers from neighboring lands refer to him as brother. Life in the royal house was grand. He built a huge palace in Thebes which, included a lake built expressly for his wife, Tiye. He also built many temples in the city of Thebes. One such temple was built to Amen. This temple was decorated with gold and silver, precious stones, and many royal statues in granite. He also built a huge temple to Mut, Amen's consort, with 600 statues of the line headed goddess, Sekhent. But most impressive was the temple he built for himself in Lexor. This temple shows the amount of wealth that royal house of Egypt had. It contained 2.5 tons of gold, 215 lbs. of turquoise, 3 tons of electrum, 1.5 tons of bronze and 524 lbs. of copper. There at that temple he built two large statues or colossi at the temple entrance. Not only was the royal house rich but there was also a sense of style throughout the palace. He set the standard for beauty and art. He showed discriminating taste by using his money to patronize many craftsmen. The many paintings and statues of this time show that the artists and craftsmen had great confidence in their ability to paint, sculpt, create jewelry and build. This confidence of course came from the king's desire for beautiful art. Paintings depict Amenhotop as a skilled warrior and hunter, even though Egypt was at piece and he did not have to lead armys into battle. This was considered the traditional role of the Pharaoh. Also during this time music became more elaborate. The lyre was being used after being brought from Asia. And the harp now contained 20 strings. Add to this the lute and double pipes and a full orchestra is now created. There is much trade with Nubia, Asia, Babylonia, and. Mitanni In fact so much gold was being taken out of Nubia that the king could afford to give it as gifts to his brother rulers, such as the king of Babylon, Kallimma-Sin. It was considered an honor for the sister or daughter of a neighboring King to marry the king of Egypt and enter his royal house. These marriages, along with the trade and gifts of gold, helped Egypt stay at peace with its neighbors. There's no doubt that Egypt with this large wealth and army was a force to be reckoned with in the area. And none of Egypt's neighbors had the will to threaten Egypt's power. During this time Egyptians worshiped many gods. The most beloved god was Re, the son god. Egyptian religion revolved around the stable order of things. Yet this was a most adaptable religion. A god's importance was determined by the importance of the city is people worshiped him. Each village and city had its own major god. but depending upon the whims, desires and needs of the people these gods could take on the attributes of other gods, or be combined with other gods to form a more powerful god. Horus, the god of rulers, for example and many combinations or forms. When Thebes became the capital of Egypt it's god Amen became important and was combined with the sun god Re to become Amen-Re. And he was now considered King of gods. Amen-Re was considered responsible for aiding the Kings armies in forcing out the Hyskos. This made the god very popular with people as well as being a powerful state god. Even though he was a powerful god other gods still abounded and were worshiped. Orisis the goddess of death was one such popular goddess. The name Amen means hidden. He was viewed as an unseen god. The god of air. One of the eight gods a pre creation. Because he was the hidden god his shrine was in the

Sunday, November 24, 2019

Quotes from Anti-Slavery Activist Angelina Grimké

Quotes from Anti-Slavery Activist Angelina Grimkà © Angelina Grimkà © and her older sister Sarah Moore Grimkà © were born to a slaveholding family in Americas South. They became Quakers, and then became antislavery and womens rights speakers and activists - in fact, they were the only white Southern women known to be part of the abolitionist movement. Grimkà ©s family was prominent in Charleston, South Carolina, society, and were major slaveholders. Angelina was the youngest of fourteen siblings and was always closest with her older sister, Sarah, who was thirteen years older than her. As a teenager, she began her first anti-slavery activities by teaching her familys slaves about religion. Her faith became a major part of the foundation of her abolitionist views, believing that slavery was an un-Christian and immoral institution, although other Christians of her time had found Bible verses and interpretations that they could claim supported slavery. Because of the way that her fellow Presbyterian endorsed slavery, Grimkà ©s abolitionist beliefs were not welcomed, and she was expelled from the church in 1829. She became a Quaker instead, and realizing that she would never be able to change the beliefs of Southern slaveowners, she and Sarah moved to Philadelphia. Even the Quakers slow reform proved too gradual for Angelina, and she became involved in the radical abolition movement. Among her most famous published letters was An Appeal to the Christian Women of the South, published in 1836 to try to persuade Southern women of the evils of slavery. She and her sister Sarah both became abolitionist speakers throughout New England, sparking new discussions (and controversies) about womens rights as well as abolition. In February 1838, Angelina addressed the Massachusetts State Legislature, defending the abolition movement and womens rights to petition and becoming the first American woman to address a legislative assembly. Her lectures drew some criticism, as she pointed out that passive complicity, not just active slave-owning, propped up the institution of slavery, but she was generally respected for her eloquence and persuasiveness. Even after Grimkà ©s health declined in later years, she still corresponded with activist friends and continued her activities on a smaller, more personal scale. Selected Angelina Grimkà © Quotations I recognize no rights but human rights I know nothing of mens rights and womens rights; for in Christ Jesus there is neither male nor female. It is my solemn conviction that, until this principal of equality is recognized and embodied in practice, the church can do nothing effectual for the permanent reformation of the world.Women ought to feel a particular sympathy in the colored mans wrong, for, like him, she has been accused of mental inferiority, and denied the privileges of a liberal education....thou art blind to the danger of marrying a woman who feels and acts out the principle of equal rights...Hitherto, instead of being a help meet to man, in the highest, noblest sense of the term, as a companion, a co-worker, an equal; she has been a mere appendage of his being, an instrument of his convenience and pleasure, the pretty toy with which he whiled away his leisure moments, or the pet animal whom he humored into playfulness and submission.Abolitionists never sought place or po wer. All they asked was freedom; all they wanted was that the white man should take his foot off the negros neck. Slavery always has, and always will, produce insurrections wherever it exists, because it is a violation of the natural order of things.My friends, it is a fact that the South has incorporated slavery into her religion; that is the most fearful thing in this rebellion. They are fighting, verily believing that they are doing God service.I know you do not make the laws, but I also know that you are the wives and mothers, the sisters and daughters, of those who do.If a law commands me to sin I will break it; if it calls me to suffer, I will let it take its course unresistingly. Selected Sources Grimkà ©, Angelina (1836). An Appeal to Christian Women of the South. http://utc.iath.virginia.edu/abolitn/abesaegat.html Grimkà ©, Angelina (1837). Letter to Catharine Beecher.  Quoted in American Political Thought: New York: W.W. Norton, 2009. Grimkà ©, Sarah Moore (1838).  Letters on the Equality of the Sexes, and the Condition of Woman: Addressed to Mary S. Parker. Archive.org. Weld, Theodore Dwight, Grimkà ©, Angelina, Sarah Grimkà © (1839). American Slavery As It Is: Testimony of a Thousand Witnesses. https://docsouth.unc.edu/neh/weld/weld.html

Thursday, November 21, 2019

A Dispatch from Soviet Uzbekistan Essay Example | Topics and Well Written Essays - 500 words

A Dispatch from Soviet Uzbekistan - Essay Example The aristocratic nature of the rule has been overruled by the Russian bureaucracy. It is true that ideally a shift from a monopolistic rule to a people based leadership must create a socially free living environment. However, the political developments in Samarkand very evidently could not bring forth such changes. A shift of the political capital of Uzbekistan from Samarkand to Tashkent by the Russians created a functional shock in the social system. Though politically Samarkand lost its relevance, the cultural factors still pull the people to be close to Samarkand. It would be right to state that as the political capital moved to Tashkent, Samarkand evolved to be the cultural heart of Uzbekistan. This created a social gap among the people. The corruptive bureaucratic setup is an ideal evidence for this. Corruption is prevalent in almost all of the public based systems. The economic slowdown from which the country is yet to recover is another added contributor towards this cause. Th e new political setup has opened avenues for newer corruptive sources of income. The cultural shock that Samarkand is facing is also quite easily observable at all its nook and corners. The area historically had been known for its well maintained monuments and gardens. These had been the cultural identity of the area. Taking this to account, it is quite disappointing to find most of the formal gardens of Samarkand at the verge of complete destruction. They were heavily infested with weeds and least maintained. It appeared that the plants were crying for water and the grass had lost its vigor. When such cultural icons are left with no attention paid, it refers to the political inefficacy of the prevailed political system. The country was still getting over the aftermaths of the depression and the earthquake. Poverty was clearly notable in and around Samarkand. People are found to be extremely worried of the ways to earn their daily bread and butter. The