AP Government 2012-2013 Bellaire GOPO
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The Obama budget and the appearance of reform

The Obama budget and the appearance of reform | AP Government 2012-2013 Bellaire GOPO | 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.
Kristen Schulze's insight:

The Obama budget calls for not only more spending than the GOP's, but also the and the Democratic Senate's as well. Obama has put a budget on the table, which is good, but the budget will not help with a breakthrough. It is a safe budget, not a take charge budget.  It reduces Social Security by a quarter of a penny on the dollar. In the article it states that a $2,000 check will be reduced by a five dollar bill.

Once again the budget is not take charge, because the budget isn't really cutting anything, it is just eliminating any unintended overpayments.

What I do not understand is that the President stated that he does not like this budget at all, and that he views it as a gift to Republicans. However, the Republcans are not happy with it either.

The budget needs entitlement reform. The article stated that, the budget also needs to raise the eligibility age for Social Security and Medicare to match the increasing longevity. The budget should not subsidize, yet it should protect. 

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

'Best-Looking' GDP Drop You'll Ever See | AP Government 2012-2013 Bellaire GOPO | 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.
Kristen Schulze's insight:

The GDP has dropped, yet there is a chance of recovery because some economists say that the increase in consumer spending and investment spending foreshadows a hopeful future without a recession. Also, economists predict more jobs, which would perhaps lead to a recession free future. The more negative remarks come from Schiff who states "an overzealous Fed" "should stop creating money and generating inflation".

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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 2012-2013 Bellaire GOPO | 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.
Kristen Schulze's insight:

The GDP report looks bleak with a drop to .1 percent in GDP, however, economists are hopeful because fixed investments and consumer spending are on the rise. Consumer spending is one of the most important factors in GDP and it is a positive sign that it is on the rise. Business spending dropped as a result of the fiscal cliff and higher taxes, and the huge decrease in military defense spending decreased government 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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The Creepiness Factor: How Obama and Romney Are Getting to Know You

The Creepiness Factor: How Obama and Romney Are Getting to Know You | AP Government 2012-2013 Bellaire GOPO | Scoop.it

It is scary to think how much a canidate and their campaign can know about your personal information. It changes the way the campaigns look at targeting individual people. It amazes me that you can determine who will vote for which canidate based on their soda choices, television choices, store choices, etc. It is also amazing to see me how the campaigns can know who buys what, watches what, and shops where. It seems to be an infringement on privacy. It makes the American people feel that this action of microtargeting is done behind their backs, that there is too much Big Brother. Also, If people are targeting inappropriatly it becomes offensive. 

 

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Daily Presidential Tracking Poll - Rasmussen Reports™

Daily Presidential Tracking Poll - Rasmussen Reports™ | AP Government 2012-2013 Bellaire GOPO | Scoop.it

The tracking poll for Monday shows Mitt Romney attracting support from 48% of voters nationwide, while President Obama earns 44% of the vote. (2%) prefer some other canidate, and (5%) are undecided. Romney has enjoyed a bounce from last weeks Republican National Convention. He now has support from 91% of the Republican voters, which is up seven points from the beginning of the convention. 48% of the voters trust Romney more than Obama on the elections top issue, the economy. I agree with this statement because the economy has become worse since President Obama took office. Since Obama has this track record, it makes since for the American people to trust Romney with the economy. Because of the American economy today, Americans want a change. I believe Americans want any one who could possibly make it better. Since Obama displayed the opposite of making the economy better while he was president, it seems correct that Romney should be recieving a higher approval rating as of today, especially after the Republican National Convention where he stated that his main goal is to "help you and your family."

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The 10 most memorable State of the Union addresses (VIDEO)

The 10 most memorable State of the Union addresses (VIDEO) | AP Government 2012-2013 Bellaire GOPO | Scoop.it
From Washington to Obama, we take a look back at the State of the Union addresses that left a lasting impact.

Via Teresa Herrin
Kristen Schulze's insight:

Each video and article mentioned on the top 10 most memorable State of the Union addresses. Each gives a look into the problems of the era. The high parts of the speech are memorable due to their appeal to the problems of the time, and solutions for those problems. Each President expresses the job that has to be done, or many jobs that have to be done. Although, in some cases, the speeches are most rememberable for a comment on a personal problem, like the watergate scandal with Nixon, and with Obama's speech it was memorable by having Supreme Court Justice Samuel Alito mouthing the words not true, cutting into Obama's integrity. It was interesting to read that the matters George Washington dealt with are the same matters Obama is dealing with today. After watching the SOTUS, I feel this is very true.

 

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Andres Cendejas's curator insight, February 12, 2013 8:27 PM

I think it's incredibly interesting how the State of the Union trully reflects what the nation is going through during that era. For instance Lyndon Johnson's SOTU declaring the war on poverty and how it actually gave way, like the intro the essay that was his presidency, to programs such as Medicare and Medicaid. But that was back then, when in a way, it seemed that what was said mattered more than a simple facial response TO the SOTU. However, it'll be really interesting to see what Obama has to say about this era, that has many problems to overcome.

Matt Kellogg's curator insight, February 12, 2013 10:04 PM

Google article but the real value is in the videos. Each is a short clip of memorable State of the Union Adresses. The video goes back in time, from Obama all the way back to the very first State of the Union speech given byt Washington.

Kristen Schulze's comment, February 14, 2013 12:42 AM
Each video and article mentioned on the top 10 most memorable State of the Union addresses. Each gives a look into the problems of the era. The high parts of the speech are memorable due to their appeal to the problems of the time, and solutions for those problems. Each President expresses the job that has to be done, or many jobs that have to be done. Although, in some cases, the speeches are most rememberable for a comment on a personal problem, like the watergate scandal with Nixon, and with Obama's speech it was memorable by having Supreme Court Justice Samuel Alito mouthing the words not true, cutting into Obama's integrity. It was interesting to read that the matters George Washington dealt with are the same matters Obama is dealing with today. After watching the SOTUS, I feel this is very true.
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Losses Are Actually Gains, And Other Weird Facts From The Jobs Report : NPR

Losses Are Actually Gains, And Other Weird Facts From The Jobs Report : NPR | AP Government 2012-2013 Bellaire GOPO | Scoop.it
Nobody knows exactly how many jobs the economy added (or lost) last month. Here's how to make an educated guess.
Kristen Schulze's insight:

This article talks about the uncertainty of the amount of jobs added or lost each month. It gives an educated guess on the amount, with percents that would make the amount of jobs added higher. It states that the number we receive is only based on 40 million workers, compared to 90 million that have not been surveyed. so there is a chance of many more jobs being added. At the end there is a big "shocker" stating that our jobs numbers in the news could have been off by 25%.

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Adan Huang's curator insight, February 6, 2013 12:51 PM

I agree with the idea that reports can be very inaccurate as the article explains that the surveys for added jobs are conducted through certain types of businesses, leaving out other sections/types of employment. Unemployment rate surveys are conducted through individual households, in which each holds slightly different definitions of unemployment. The fact that previous reports have been so far off from the actual number can promote a more positive outlook on our current economy. At the same time, it also means that both the employment and unemployment rates can be far worse than we think they are.

Alex Metzger's curator insight, February 6, 2013 3:10 PM

This article provides great insight on the unemployment number that is so commonly kept up with. The background to where the numbers that constitute the unemployment rate drastically helps as to how serious to take this estimated percent. Though the article proves these numbers to not always be accurate, but also it provides an understandment that these numbers are probably the best guess that anyone could have.

Christina Breitbeil's curator insight, February 7, 2013 12:59 AM

This article walks the reader through the process of understanding the truth behind the numbers and statistics put forth by the government.  Although the unemployment rate can seem as if it is plummeting to new heights, there is often an explanation that is unaccounted for. As it explains in the article, the recent spike in unemployment is caused in part due to the loss of jobs created specifically for the holiday season.  Alterations such as these can cause statistics to be, at times, inaccurate.

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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 2012-2013 Bellaire GOPO | 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.
Kristen Schulze's insight:

Our economy is not necessarily foreshadowing a downturn or a recession, even with the negative GDP. The GDP decreased mostly in part because government defense spending dropped by 22.2%. However, consumer/residential spending increased leading economists to not become too worried with the economy’s shrinking GDP percent. 

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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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Asian Americans’ Political Views, Social Attitudes and Socioeconomic Status Introduction – Pew Forum on Religion & Public Life

Asian Americans’ Political Views, Social Attitudes and Socioeconomic Status Introduction – Pew Forum on Religion & Public Life | AP Government 2012-2013 Bellaire GOPO | Scoop.it

This article is very informative. Before, I did not know much on the political views of Asian Americans. 

 

The article states that more Asian-Americans tend to lean towards the Democratic Party. However, the Asain Americans do not tend to lean towards any party the most than any other in the public. There is a big differnce in which political party they will vote for due to their religious groups. The evangelicals are most likely to lean towards the GOP, while the Hindu and Buddhist groups lean towards the Democratic Party. The Asian-Americans view same-sex marriage and abortion similarly to the general public. Yet, the evangelicals and the Catholics lean towards a strong no for both. The Majority of the Asian-Americans would prefer a bigger government. 

 

This was an interesting article to read because I would have thought all Asian- Americans would lean more towards one party or the other, however, it makes since that the religions were the main decidning factors in the Asian-Americans party ideology. 

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