The Federal Budget Deficit Introduction The federal budget deficit is a much discussed and little understood subject in American politics. The current recession has dramatically decreased tax revenues, driving the United States federal government to increase spending in an attempt to stabilize the economy. As a result the current federal deficit is at over $1.3 trillion dollars. This is approximately $47,754 per U.S. citizen or $137,552 per U. S. taxpayer (U.S. Debt Clock: Real Time, 2012).
Republican candidate, George H.W. Bush, had lost the 1992 presidential election to a young Democrat from Arkansas, Bill Clinton. Clinton was somewhat of a dark horse candidate. He survived a giant sex scandal during his election, however, a third party run by Ross Perot split the vote and in 1993, Clinton was inaugurated. Clinton's foreign policy agenda, included the Oslo Accords between Israel and the PLO and NATO action in the Balkans. Successes and failures of the Clinton presidency included the failed attempt at health care reform, the very horrible attempt on LGBT issues, mixed feelings on the welfare reform and the more uplifting issues such as the huge improvements made in the economy. Also, computers were blowing up with the public
I think it accurately portrayed the hardships families went through during the Great Depression. At first, everything was fine and James J. Braddock was a successful boxer with a good amount of money. Then, the Great Depression hits and Braddock struggles to support his family. He continues to box, but it is difficult for him to support his family off what little he makes. He tries to find other jobs, but struggles because he broke his hand in a boxing match, making manual labor especially painful for him. I thought this part of the movie was extremely sad. Braddock was trying so hard to support his family, but he could barely manage. He continued to box even though he was not healthy, as he had a broken hand and was extremely malnourished. His wife was always stressed and the Depression was a huge strain of their marriage. Their kids were young and didn’t really understand what was going on, but they still suffered from starvation and illness. I really liked the end of the movie when Braddock receives a large sum of money after winning a huge boxing match. He was able to provide for his family once again. I think this really shows that hard work eventually pays
I enjoyed this documentary - it gave me a new perspective on the founding father that I’ve learned about for years. It was well put together, and very interesting. It had great ties to the past, such as pictures, journal entries, reenactments, and other personal accounts. However, I also noticed that sometimes the film ignored small facts, sometimes making it seem as if Thomas Jefferson was the only founding father who did anything of importance.
Answer: Overall this video discuss the problems when illegal peoples come in to the USA. What kind of the problem they have to face as an illegal. This video shows us as an illegal immigrant we have no right to live in USA. It discuss how hard it is to find a job as an illegal immigrant and working on minimum wages. This film is great if someone want to follow the law and every rule and regulation in united stat. No one is allowed to come in
This has great impact on me, because it I learned why and how this divide in society is happening and how such frustrations such as in 2008, is causing people to
The Impeachment of President Bill Clinton The impeachment of President Clinton is something that will be remembered forever. Along with the fact that a presidential impeachment has only happened one other time since the Civil War, the publicity that came with the Clinton trial was extensive (Miller 2004). While the Republican and Democratic members of the House of Representatives had vastly different views on impeaching President Clinton, the fact that only five Democratic Representatives voted to impeach him truly shows how wide that gap was between the two parties. Clinton was impeached on the grounds of perjury to a grand jury and obstruction of justice, with the vote on both articles extremely close, a 228-206 vote on perjury to a
-Bill Clinton: The First Baby-Boomer President -The Democratic nominee for the election of 1992 is Bill Clinton : governor of Arkansas
For example, President Bill Clinton is one with both faults and merits. Despite his scandals of an affair with an intern working in the White House, he not only significantly advanced the States economically but also provides health coverage for millions of children throughout the country by enacting a serial of bills. Eventually, he is admitted by American public.
The Current State of the U.S. Economy The United States economy is racing ahead at dangerous speeds, and it may be too late to prevent the return of widespread inflation. Ideally the economy should move ahead gradually and grow at a steady manageable rate. Mae West once stated “Too much of a good thing can be wonderful” and it seems the U.S. Treasury Secretary agrees. The Secretary announced that due to our increasing surplus and booming economy, instead of having an outsized tax cut, we should use the surplus to further pay down the national debt. A tax cut, though most Americans would favor it initially, would prove counter productive. Cutting taxes would over stimulate an already raging economy, and enhance the possibilities of an
Because I 'm older, curious by nature, and an avid reader of research (domestic and worldwide), and because social issues matter greatly to me, I didn 't really learn anything new from the documentary. However, it confirmed for me that my fears and growing apprehension about gun violence and guns in general are valid.
During his time as president, Bill Clinton helped pass a variety of legislation that greatly impacted the country in several ways including creating a budget surplus and signing an act that encouraged much stricter sentencing for criminals. Two pieces of legislation that highlight positive and negative aspects of Clintons presidency are the 1993 Omnibus Budget Reconciliation Act and the Violent Crime Control and Law Enforcement Act of 1994. The former, the first budget passed by the president, increased taxes for high earners and created “an earned income tax credit for incomes under $30,000”(UC Berkeley). This helped to create budget surpluses for much of the 1990’s. The latter, one of the more controversial bills passed by Clinton, contained many provisions that served as harsh punishment for the crimes rather than rehabilitation (Lussenhop). This act impacted the already high incarceration rate and did not address at-risk communities where economic resources were badly needed. Both of these acts impacted the public in different ways, the budget aided low income families with its income tax credit while the violent crime act added to the budding mass incarceration problem in the United States and failed to address the problems in low income communities(Lussenhop). As president, Bill Clinton served as a good representative who supported the virtue of fair-mindedness. Even though some of his actions were not in accordance with the virtue, such as the Violent Crime Control
I opted to discuss William J. Clinton, 42nd President of the United States. He served two terms from 1993-2001. He was the third-youngest president taking office at the age of 46 and was the first President from the baby-boomer generation. I wanted to discuss President Clinton for several reasons, one being that he was able to balance the budget while reducing the deficit, in turn leaving the U.S with a surplus in the budget at the end of his term. He signed in to law the Family Medical Leave Act of 1993 which required employers to allow employees to take unpaid leave for pregnancy or a serious medical condition without jeopardizing their job. He endorsed the North American Free Trade Agreement, creating the world’s largest free trade leading
It opened up my eyes to the horrors and truths of how slaves were treated. I witnessed the punishments received by the said “Incompetent” slaves, the terrible lifestyles of the salves, and the embarrassing ways my ancestors acted. The way I look at slavery will forever be changed for film has shown me the gruesome details of the lives of slaves in the 1840’s.
My opinion about the movie I find this movie very interesting, from financial side as much as decisions making. With not really affinity for finance, I was a little bit afraid of this movie, but there are not many figures. This movie explains especially how making decisions, how