Exam 4 - Guide 1 (91-92) Flashcards
Two-thirds of federal expenditures involve mandatory spending. This greatly weakens the president’s influence over the budget.
Too much money in circulation contributes to inflation.
Why???????
One in eight Americans are affected by poverty (12%), with the highest child poverty rate of industrialized nations.
The ‘poverty line’ is 3x the annual food budget for a family of four.
Under federal law, a PAC can contribute $5,000 per candidate per election. However, there are many methods to skirt this and other campaign restriction laws.
Europe rates much lower than the US in frequency of elections.
Americans are less likely to than Europeans to vote in a national election.
Why????????
European voters of low-income have a much higher voter turn-out than US voters of low-income.
Why????????
1 in 50 adult Americans have participated in an anti-war demonstration (2%). Anti-war demonstrations became more acceptable during the Vietnam War era.
Prior to that, the numbers were extremely minuscule. Protesting or criticizing involvement in WWI or WWII could have easily led to the federal penitentiary.
Public assistance programs are far less costly than social insurance programs (social security and welfare). Public assistance is not the second most costly as many believe, but much further down on the list).
- J. Reilly
Social insurance programs attain much higher public support than public assistance programs, because they are self-financing.
Why????????????
Americans prefer that benefits be distributed primarily through the economic marketplace.
A market is any one of a variety of systems, institutions, procedures, social relations. and infrastructure whereby businesses sell their goods, services and labor to people in exchange for money (i.e. the private sector).
