Gender Essay

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. 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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.

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.