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The Obama budget and the appearance of reform

The Obama budget and the appearance of reform | AP Government!!!!!!!!!!!!!!!!!!!!! | Scoop.it
— Well, at least we're starting to get the procedure right. Washington has rediscovered the beauty of the boring. It's called "regular order," using the normal, routine, constitutional process to arrive at, for example, a budget.

Via Teresa Herrin
Haley Haegner's insight:

Obama promised to reduce spending, that was one of his big points under his slogan CHANGE. However he has yet to reduce spending or even co create a good enough plan to significantly lower the deficit and it has left many people doubting his abilities. His first proposal is chained CPI- which reduces the way inflation is measured.However it's not really cutting anything its just making it more accurate.  He says that he is doing it to make the Republicans happy which is suprising but its not like this first proposal will make much difference. But it is a start. The article states that upping the retirement age and raising medicare and social security would lower the deficit tremendously but Obama most likely will not be on board with this solution. So  maybe tax reform will become a major way to reduce deficit. 

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Teresa Herrin's curator insight, April 14, 2013 8:17 PM

From Kristen S.

Ari Johary's curator insight, April 15, 2013 4:03 PM

With the debt clock running wild, i dont think Obama can afford to add 160 billion more dollars to the budget. Also, the only reduction of the deficit has come from tax hikes, not spending cuts. Which if Obama is taking an expansionary fiscal policy should not be raising taxes at all, not even by .001%. Lastly, whose genius plan was it to print out hundred of these budget booklets, that probably have costed taxs payers thousands of dollars, how about start with spending less on paper and send these booklets electronicaly, everyone that votes on this budget proposal has access to internet. 

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'Best-Looking' GDP Drop You'll Ever See

'Best-Looking' GDP Drop You'll Ever See | AP Government!!!!!!!!!!!!!!!!!!!!! | Scoop.it
Negative economic growth in the fourth quarter provided a scary headline to start Wednesday's trading but probably little else in market impact.
Haley Haegner's insight:

This article talks about the negative economic growth. Some economist are scared that a recesscion could be coming. Some economists argue against this saying that the econonomy is not slowing down. Especially since private sector spending is so high right now.  Housing finally rose in the GDP along with consumer spending. Economists are expecting more jobs, which should help with the growth of the economy. 

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Zachary Beery's curator insight, February 7, 2013 11:46 AM

This article says that th recent drop in GDP isn't that bad cause it is mostly due to the recent cut in goverenment spending. this is pretty much just the drop before the big leap that hopefully comes soon.

Sarah Nguyen's curator insight, February 14, 2013 4:58 AM

Even though the GDP has dropped at .1 percent, it is reassuring to know that it is largely because of government spending and business inventories. Consumer spending and the private sector in general was able to grow more than the previous quarter, even despite the natural disaster Sandy.

Patrick Demitis Brown's comment, February 21, 2013 12:06 AM
GDP is probably going to be just as low or lower in the second quarter, once we've gotten rid of the payroll tax cuts. Im not sure how our congress isn't doing anything about that, this will increase taxes, defense spending going down, the number of consumers able to spend will go down and GDP will go down more sooo......
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The only chart you need on the GDP report

The only chart you need on the GDP report | AP Government!!!!!!!!!!!!!!!!!!!!! | Scoop.it
Last quarter's GDP report has been been called "the best-looking contraction in US GDP you’ll ever see." Here's the exact picture it paints.
Haley Haegner's insight:

This is a chart for the fourth quarter of 2012. The chart breaks down the many components added together to make up the gdp. The chart shows that consumer spending increased along with investment spending.  Buisnesses didnt produce as much due to the fiscall cliff as can be seen by the decreased gdp of inventory. Defense spending also decreased a lot causing there to be less governement spending.

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Christina Breitbeil's curator insight, February 7, 2013 12:55 AM

This graph was very interesting to observe, because it offered insight into the complexities behind the number that is the collective GDP, which in this article is a fall in 0.1%. It was significant, in my opinion, that although the total GDP was a decrease, consumer and investment spending is doing exceptionally well. This just goes to show that the economy may be somewhat more stable than how it appears on the surface.

Zachary Beery's curator insight, February 7, 2013 11:44 AM

This chart shows the percent change in each department of the GDP. Whether it is going up or down. It shows an increase in consumer spending so that is a good sign for the economy.

Sarah Nguyen's curator insight, February 13, 2013 8:09 AM

This article and it's graph of the breakdown of the GDP is very reader friendly and easy to understand. It is very clear and obvious that the components of the GDP that are making the whole suffer the most are business inventory and federal defense spending. While reading, there was one comment by another reader that especially caught my eye. They reasoned that because many people were anticipating a pro-business Romney to win the election in the third quarterr of 2012, they planned ahead with increased inventories and expansion.

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Libertarian Gary Johnson says he'll be on presidential ballot in every state, by far outpacing any other third-party nominee

Libertarian Gary Johnson says he'll be on presidential ballot in every state, by far outpacing any other third-party nominee | AP Government!!!!!!!!!!!!!!!!!!!!! | Scoop.it

Johnson, the libertarian/3rd party canidate will be on the ballot of 47 states and possibly 49 or 50 when court battles have been decided in other states. So this 3rd party is a big deal, the last major 3rd party canidate was Texan Ross perrot who ran in 1922. Johnson is appearing on so many ballots because the libertarian party works hard on ballot access. Stein the green party canidate will be on a only 40 ballots.

Libertarian Johnson will be the major 3rd party canidate on the ballot since he will be on more than Stein the green party canidate. Johnson will steal some of the votes from the two major parties because he is on so many ballots. Johnson is big in many swing states so this is important because he could either cost obama or romney the win to the white house.


Via Ananna Anu
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Election Forecasts - FiveThirtyEight Blog - NYTimes.com

Election Forecasts - FiveThirtyEight Blog - NYTimes.com | AP Government!!!!!!!!!!!!!!!!!!!!! | Scoop.it

Mitt Romney's bounce doesn't seem to have been that big,because he did not appeal well enough to the American people. He needs to get the american voters to see that he is just like them and that he is for them.  Obama is favored more than Romney. After the  democratic convention the polls will continue to fluctuate. The poll says Obama has a 73.1 % chance of winning right now while Romney has a 26.9% chance. 

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State of Union Address Language Changed Over Time

State of Union Address Language Changed Over Time | AP Government!!!!!!!!!!!!!!!!!!!!! | Scoop.it
Presidents like to tell Congress the state of the union is “strong,” but it was not always so.

Via Teresa Herrin
Haley Haegner's insight:

Clinton and Obama's state of the unition adresses share some similarities. They both gave an SOTU address during a time of war and recession but they kept a positive outlook. While previous presidents would state it how it was, they were truthful but they did not bring the sense of hope that people saw with clinton and Obama. Raegan started the shift towards that of more optimism. He used the word "strong" which sounded more confident to the American people. Now presidents make sure that their positive outlook is well heard in the SOTU address.

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Teresa Herrin's comment, February 12, 2013 4:38 PM
SCOOPABLE for SOTU article.
Nicole Stankus's curator insight, February 12, 2013 5:51 PM

Over the last 30 years the same phrase has been murmured at the start of each State of the Union Address. The phrase "the state of the union is strong" has been used despite good or bad times and I believe is a phrase of hope that America is strong and can and will triumph all. Before'strong,' when giving the state of the union, presidents seemed not to sugarcoat America's current state whether good or bad. Rather, they would tell it like it was. Strong just became a ritual, time after time its been used and now almost seems like another incorporated part of the address. A tempting word and one with so much power and strength behind it, it is not difficult to see why so many presidents have leaned to use that word. It gives hope and with hope comes action to resolve any current issues. So will 'strong' live on, will Obama say it once more?

Janet Yim's curator insight, February 12, 2013 11:08 PM

This article discusses how presidents have become increasingly more positive in their State of the Union addresses. It gives examples of presidents who said that the state of the union was getting better, good, and even in a horrible state. Everything changed with Ronald Reagan, who started this trend of saying "the state of the union is strong". Tonight, Obama once again repeated that phrase, yet contrary to the past, he discussed the things that improved as well as those that did not. He talked about unity and non-partisanship extensively in order to create a more strong state of the union. Hopefully, what was previously a phrase to sugarcoat the status of the country will become the reality.

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U.S. Growth Halted as Federal Spending Fell in 4th Quarter

U.S. Growth Halted as Federal Spending Fell in 4th Quarter | AP Government!!!!!!!!!!!!!!!!!!!!! | Scoop.it
The government played a role in slowing the economic recovery as cuts in military spending and other factors overwhelmed the Federal Reserve’s expanded campaign to spur growth.
Haley Haegner's insight:

This article emphasizes  government spending. Government defense spending has gone down while Americans are paying higher payroll taxes. However even though government defense spending went down, consumer spending went up which is why most economist were not as concerned with the bad GDP. But some economist are concerned with the future because higher taxes could start affecting consumer spending and government spending is going down.

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Bo Li_1's curator insight, February 6, 2013 12:50 PM

It seems that this article says the the government has significantly decreased in military spending. As a result, it seems that US economy will also suffer a decrease in GDP.

Andrew Alter's curator insight, February 6, 2013 6:51 PM

The economy may have shrunk, but it shrunk in the most unharmful way for the average American. Government spending substantially decreased,  notably in the military, which allows for future government spending in domestic areas.

Matt Kellogg's curator insight, February 6, 2013 9:57 PM

govenment cut a lot of defense spending. Economy didnt decline much considering how much was cut

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US Economy Adds 157,000 Jobs; Rate Up to 7.9%

US Economy Adds 157,000 Jobs; Rate Up to 7.9% | AP Government!!!!!!!!!!!!!!!!!!!!! | Scoop.it
Payrolls rose 157,000 while the unemployment rate edged higher to 7.9 percent, news unlikely to alter the Fed's monetary policy.
Haley Haegner's insight:

This article talks about how employment grew in january but not at a good enough rate. It is still moving up very slowly.  Retail, construction and healthcare all added more jobs. But to contradict that, congress wants to inflict budget cuts that will only hurt the american families therefore doing damage to the economy. Unemployment moved a little bit lower for the first time in two years, so it looks as if the economy is improving. However we can not foreget the discouraged workers who have stopped working for a job could have lowered the unemploymnent rate. Wages did rise 4 cents an hour and their is job creation being put in place. So hopefully we will see the economy moving in a positive direction. 

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Emily Koehn's curator insight, February 7, 2013 12:01 AM

I found this article interesting because it put into perspective just how many more jobs will need to be created in order for there to be a significant change in the unemployment rate. With over 157,000 jobs added, the employment rate remained close to the 8% mark, hardly shifting it at all. This brought to my attention that while news such as this sounds positive, there is the underlying factor that affects milions of Americans. 

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The Latino gender gap: Latina voters prefer Obama by 53 point margin | Latino Decisions

The Latino gender gap: Latina voters prefer Obama by 53 point margin | Latino Decisions | AP Government!!!!!!!!!!!!!!!!!!!!! | Scoop.it

Latina voters plan to vote for obama. Obama holds 68% of the latino vote, because Hispanic woman are very opposed to Romney and the way the Republican party represents themselves. Hispanic woman are opposed to the Republican party because of the "anchor baby" slur and because they favor the way democrats want to offer affordable health care and they are big on womans issues. Hispanic woman also disfavor the Republican party because they feel like they don't reach out as much as the Democratic party.

This is very important for the republican party to realize because they are losing a big majority of voters that are going to vote for Obama. They need to realize that their policies are turning Hispanics towards the democratic party. The Republican party is going to have to do something big to close up the gender gap or else they won't have the votes they want.

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