USA - Government Responses Flashcards
What is the introduction?
- This essay will discuss whether the US government’s responses to socio-economic inequalities have been effective in tackling these inequalities or have failed in that mission.
- Some of the responses the government has made are to do with health, education, and poverty.
What is the first inequality?
- An inequality that is very prominent in America is poverty.
What is an act that has been introduced to tackle this first inequality?
- An act that the government introduced to tackle this issue is the 2017 Tax Cuts and Jobs Act.
Who was this first act introduced by and why?
- This act was introduced by Donald Trump (former US president) and aimed to reduce tax for people who worked hard and were in middle-income wages.
What did the first act eliminate?
- This eliminated any idea of tax loopholes and deductions.
What is the first example of the first act?
- For example, according to the Tax Foundation’s Taxes and Growth Model, the 2017 Tax Cuts and Jobs Act would increase the long-run size of the U.S. economy by 3.5%.
- The larger economy would result in 2.7% higher wages and a 9.3% larger capital stock.
What did the first act entice people to buy?
- It also reduced business taxes so employers could create more jobs and raise wages,
- decreasing unemployment rates and increasing wages so people were enticed to work.
What would the first act result in?
- The act would also result in 890,000 more full-time equivalent jobs.
What does the first act successfully show?
- This shows that the act was successful in dealing with unemployment levels and making taxes fairer,
- which emphasizes how this act has helped reduce economic inequalities.
What is the disadvantage of the first act?
- However, despite the Act creating many jobs and boosting the economy in the long run,
- it did not help make the gap of unemployment between races the same or smaller,
- which means that there are still inequalities in unemployment, and the mission has not been successful.
What is the counter-example to the first act?
- For example, in 2000 there was an 8.2% unemployment rate of black people unemployed compared to a 3.4% unemployment rate for white people,
- then compared to 2018 (pre-covid) where there is a 6.5% unemployment rate for black people and a 3.5% rate for white people.
What does the counter-argument show in terms of percentages?
- This is still a 3% gap!
How much % has the white people’s unemployment rate has gone up by?
- Plus, the fact that white people’s unemployment rate has increased by 0.1% in 18 years.
What does this evidence mean as a counterargument against the first point?
- This evidence further supports the point that the Act has not erased inequalities between races and that they are still prominent throughout US society.
What is the mini conclusion for the first act?
- Overall, the 2017 Tax Cuts and Jobs Act was successful in tackling inequalities within the USA.
- This is because although there are still inequalities within finance, the Act, was able to limit the inequalities,
- create over half a million jobs for people who may have been struggling
- and put higher wages for people in need, which could take them out of poverty.
What is the second inequality?
- Another area that has inequalities that is prominent in the USA is education
What is an act that has been introduced to tackle this second inequality?
- An act that the government introduced to tackle this issue is the 2009 American Recovery and Reinvestment Act.
What was the second act able to do?
- This act was able to reinvest $140bn in education, where it was most needed in deprived schools
- as they got over £30bn in funds to raise the standards in schools, create initiatives and better learning environments.
What did the education act furtherly do?
- It further invested $30bn to help make the idea of college possible for poorer families by introducing Pell Grant Awards and tuition tax credits.