Assignment 8 terms Flashcards
public policy
interest group politics transactions theory:
public policies are the result of narrowly defined exchanges among political actors
policy process
recognition, agenda, formulation, adoption, budgeting, implementation, evaluation
medicare
old people
national
when you turn 65
has 4 options, d is drugs
medicaid
poor people
state (25%) national (75%)
states: enrollment/ admission according to federal guidelines
health insurance
medicare and medicaid together are over a trillion dollars
obamacare: everyone should have health insurance
no child left behind
bush
kids should be in school
energy policy
usually takes the form of what is our primary source for electricity
coal, oil, nuclear, wind, solar, fracking
trade- the middle east, opec nations
obama:
1- greater oil production within the united states
2- greener sources, solar/ wind power
(declared war on coal)
clean air act (1970)
?
epa
environmental protective agency
nixon executive order
independent agency
global warming
?
laissez-faire capitalism
separation of economy and state
interventionist state
collective security, like with league of nations
rejected by the senate because republicans don’t want to be interventionist and get dragged into world events
regulation (economic vs. social)
?
fiscal policy
tax and spending
gross domestic product
monetary value of all goods and services produced within a nation’s geographic borders over a specified period of time
federal budget
mandatory and discretionary spending
?
inflation
value of money decreases over time
basic economic principle
monetary policy
money supply
federal reserve system
est 1913
board of governors/ chair
goal: avoid political upheaval for monetary policy/ facilitate growth/ control inflation
discount rate
rate of interest the fed loans to its member banks
entitlement programs
so long as you meet certain age and participation requirements, you’re entitled to these benefits
you can’t deny benefits to someone without due process
ex: Social Security
means/ non-means tested programs
dependent on income or not
ex. TANF
social security
old age pension, basically
designed to help with elderly poverty rates
sold as unemployment insurance
funded by payroll taxes
food stamps
SNAP supplemental nutrition assistance program
ebt cards
tanf
temporary assistance for needy families
means-tested
state-run
keynesians
demand-side economics
economic output is strongly influenced by aggregate demand (total spending in the economy)
monetarists
money supply
supply-side economics
economic growth can be most effectively created by investing in capital, and by lowering barriers on the production of goods and services
progressive vs regressive taxes
p: affects higher income people at a greater percentage than lower-income people
income tax should be like this
r: affects lower-income higher than higher-income
like sales tax
flat taxes, like 10% for everyone tend to be regressive
welfare reform
?
isolationism
us should stay isolated
not involved in world events
collective security
you attack one, you attack all
appeasement
neville chamberlain w/ hitler
oh let’s just give him this land, he’ll be chill and stop invading everything
total fail
later we didn’t know if this would work with the taliban or whatever
imf & world bank
international monetary fund
goal is to stabilize currency and facilitate trade
world bank provides capital and development
wto & gatt
world trade organization
gatt morphed into wto
(general agreement on trade and tariffs)
containment (truman doctrine)
1947 backing countries that are fighting communism
nato
north atlantic treaty organization
mutual defense pact
attack on one is attack on all
humanitarian issues
?
bush doctrine
preemptive attack
the united nations
1945 created to provide political order
sort of collective security
based in new york
joint chiefs of staff
group of military leaders from different branches of military
created natl defense act 1947
nafta
north american free trade agreement
created the largest free trade area within the world at the time
500 million people 16 trillion $ worth of goods
most prez candidate denounce it
not protectionism, it’s free trade, so companies move factories and find cheaper labor across borders
immigration policy
?
war on terror
?
nuclear proliferation
?
