DEBATE OVER TAXES
THE POLITICAL DEBATE RELATIVE TO FEDERAL TAXES / AN ELEMENTAL SOURCE FOR STUDENTS AND OTHERS
Abstract:
This article is to enlighten the reader, student, or others relating to discussions in the news. The narration and terms indicated below are meant for consumers of social media. Thus, there is a greater understanding of what the consumer may come to understand. Further, there may be some discussion of tax policy. The emphasis is meant toward clarity, simplicity, and political neutrality. This can be a handout.
Introduction:
Numerous terms may be used especially by politicians that overwhelm the individual or group as the audience. This article may be used as a hand out to help numerous individuals understand how their income tax is spent. Very few know the entirety of the tax system. This is just a beginning. The major source comes from Wikipedia.org (2018) and is reduced and simplified. The external source is University Professor of Economics and Business and the author is Professor of a Junior College in the Social Sciences.
To the best of all sources there are few errors that may have been over looked. We apologize.
Description:
The federal government is the formal organization that among other things taxes and spends federal funds for a country and its associated boundaries. FEDERAL FUNDS means money that is sent by the citizen through her or his INCOME TAXES and RELATED. These taxes are then saved or spent by the government. If the government spends 100 dollars for a certain year and receives 90 dollars from tax payers then there is a DEBT. If this continues and international organization recognizes and labels year after year of DEBT, it is called a DEFICIT. DEBT is an annual measure. DEFICIT is a measure that accumulates over many years. These two terms are often misunderstood. INFLATION means that prices increase beyond available taxes. A small inflation is considered tolerable. STAGFLATION means that the economy is stagnant but expenditures increase. Ultimately to stop this, a large increase in INTEREST (borrowed money that is rented) slows the consumer and inflation goes down. If the consumer continues to under spend year after year, the country goes into DEFLATION. If there is an over expenditure year after year, there can be a DEPRESSION. The EMPLOYMENT RATE is all those who have registered with their state and are looking for work. If an individual moves from a very important and highly paid job to a low paying job, they are UNDEREMPLOYED, but they are not UNEMPLOYED. So this measure can be less accurate than one would want. Some work on a cash basis and are not formally employed. These individuals are not counted.
To JUMP START the economy, money must be spent so that a MULTIPLIER or dollar to dollar average expenditure increases and the economy improves. How to JUMP START deals with at least two major theories. One is to put money in the hands of consumers and workers. They will then spend because they have so much more needs than the next theory. In this first theory it is a type of action that digs in the middle and moves in a swirling fashion to create more jobs and demand. This is called KEYNSIAN ECONOMICS.
TRICKLE DOWN ECONOMICS uses tax cuts for the rich. They then create jobs by taking their tax cuts and investing new services and products. They spend this money in the USA and the rich become job makers. The cuts trickle down to make new jobs and demand. A cut at the top lifts all boats. Our country becomes very rich and distribution of money can unfortunately become lopsided for the rich, however over time the theory works.
The country has a STOCK MARKET where various financial instruments like stocks, bonds, and many other trading currency occur. A stock is a portion of a company that is purchased and the return on the investment can vary. A bond is an IOU from the loaner to the buyer. It has a fixed interest rate.
During his two terms, President Obama was a KEYNSIAN ECONOMIST and President George W. Bush and President Donald Trump are/were TRICKLE DOWN ECONOMISTS.
Generally the party on the RIGHT support and glorify the rich. They do acknowledge that some rich are greedy and psychopathic. The party on the Left support the poor although they accept that some poor do very little and are crime oriented. Both parties compete for the working and middle class.
At this time the GLOBAL INFORMATION SOCIETY has created numerous changes like the INDUSTRIAL REVOLUTION of years ago. With vast change millions are hurt and they look for the cause. A RIGHT WING POPULIST MOVEMENT has emerged to out-migrate certain populations and reduce ineffective democracies to authoritarian governments.
Most studies indicate that most Americans are not fond of other Americans and the country has become tribal.(Levitsky, S. & D., 2018)
Conclusion:
This has been an ideological economic presentation. The majority of terms are ones used by social media and writers of both sides of the political spectrum. There are many more, however this is just an introduction.
References Cited:
__________, (2019) Political Debates about the United States budget, Wikipedia.org.
Dean, R. Gary, Department of Business and Economics, Creighton University, Omaha, Nebraska
Levitsky, S. & D. D. Ziblatt (2018) How Democracies Die, New York: Crown Publishing Group
Snell, Joel Charles, Dept. of Social Sciences, Kirkwood College, Cedar Rapids, Iowa
THE POLITICAL DEBATE RELATIVE TO FEDERAL TAXES / AN ELEMENTAL SOURCE FOR STUDENTS AND OTHERS
Abstract:
This article is to enlighten the reader, student, or others relating to discussions in the news. The narration and terms indicated below are meant for consumers of social media. Thus, there is a greater understanding of what the consumer may come to understand. Further, there may be some discussion of tax policy. The emphasis is meant toward clarity, simplicity, and political neutrality. This can be a handout.
Introduction:
Numerous terms may be used especially by politicians that overwhelm the individual or group as the audience. This article may be used as a hand out to help numerous individuals understand how their income tax is spent. Very few know the entirety of the tax system. This is just a beginning. The major source comes from Wikipedia.org (2018) and is reduced and simplified. The external source is University Professor of Economics and Business and the author is Professor of a Junior College in the Social Sciences.
To the best of all sources there are few errors that may have been over looked. We apologize.
Description:
The federal government is the formal organization that among other things taxes and spends federal funds for a country and its associated boundaries. FEDERAL FUNDS means money that is sent by the citizen through her or his INCOME TAXES and RELATED. These taxes are then saved or spent by the government. If the government spends 100 dollars for a certain year and receives 90 dollars from tax payers then there is a DEBT. If this continues and international organization recognizes and labels year after year of DEBT, it is called a DEFICIT. DEBT is an annual measure. DEFICIT is a measure that accumulates over many years. These two terms are often misunderstood. INFLATION means that prices increase beyond available taxes. A small inflation is considered tolerable. STAGFLATION means that the economy is stagnant but expenditures increase. Ultimately to stop this, a large increase in INTEREST (borrowed money that is rented) slows the consumer and inflation goes down. If the consumer continues to under spend year after year, the country goes into DEFLATION. If there is an over expenditure year after year, there can be a DEPRESSION. The EMPLOYMENT RATE is all those who have registered with their state and are looking for work. If an individual moves from a very important and highly paid job to a low paying job, they are UNDEREMPLOYED, but they are not UNEMPLOYED. So this measure can be less accurate than one would want. Some work on a cash basis and are not formally employed. These individuals are not counted.
To JUMP START the economy, money must be spent so that a MULTIPLIER or dollar to dollar average expenditure increases and the economy improves. How to JUMP START deals with at least two major theories. One is to put money in the hands of consumers and workers. They will then spend because they have so much more needs than the next theory. In this first theory it is a type of action that digs in the middle and moves in a swirling fashion to create more jobs and demand. This is called KEYNSIAN ECONOMICS.
TRICKLE DOWN ECONOMICS uses tax cuts for the rich. They then create jobs by taking their tax cuts and investing new services and products. They spend this money in the USA and the rich become job makers. The cuts trickle down to make new jobs and demand. A cut at the top lifts all boats. Our country becomes very rich and distribution of money can unfortunately become lopsided for the rich, however over time the theory works.
The country has a STOCK MARKET where various financial instruments like stocks, bonds, and many other trading currency occur. A stock is a portion of a company that is purchased and the return on the investment can vary. A bond is an IOU from the loaner to the buyer. It has a fixed interest rate.
During his two terms, President Obama was a KEYNSIAN ECONOMIST and President George W. Bush and President Donald Trump are/were TRICKLE DOWN ECONOMISTS.
Generally the party on the RIGHT support and glorify the rich. They do acknowledge that some rich are greedy and psychopathic. The party on the Left support the poor although they accept that some poor do very little and are crime oriented. Both parties compete for the working and middle class.
At this time the GLOBAL INFORMATION SOCIETY has created numerous changes like the INDUSTRIAL REVOLUTION of years ago. With vast change millions are hurt and they look for the cause. A RIGHT WING POPULIST MOVEMENT has emerged to out-migrate certain populations and reduce ineffective democracies to authoritarian governments.
Most studies indicate that most Americans are not fond of other Americans and the country has become tribal.(Levitsky, S. & D., 2018)
Conclusion:
This has been an ideological economic presentation. The majority of terms are ones used by social media and writers of both sides of the political spectrum. There are many more, however this is just an introduction.
References Cited:
__________, (2019) Political Debates about the United States budget, Wikipedia.org.
Dean, R. Gary, Department of Business and Economics, Creighton University, Omaha, Nebraska
Levitsky, S. & D. D. Ziblatt (2018) How Democracies Die, New York: Crown Publishing Group
Snell, Joel Charles, Dept. of Social Sciences, Kirkwood College, Cedar Rapids, Iowa
THE POLITICAL DEBATE RELATIVE TO FEDERAL TAXES / AN ELEMENTAL SOURCE FOR STUDENTS AND OTHERS
Abstract:
This article is to enlighten the reader, student, or others relating to discussions in the news. The narration and terms indicated below are meant for consumers of social media. Thus, there is a greater understanding of what the consumer may come to understand. Further, there may be some discussion of tax policy. The emphasis is meant toward clarity, simplicity, and political neutrality. This can be a handout.
Introduction:
Numerous terms may be used especially by politicians that overwhelm the individual or group as the audience. This article may be used as a hand out to help numerous individuals understand how their income tax is spent. Very few know the entirety of the tax system. This is just a beginning. The major source comes from Wikipedia.org (2018) and is reduced and simplified. The external source is University Professor of Economics and Business and the author is Professor of a Junior College in the Social Sciences.
To the best of all sources there are few errors that may have been over looked. We apologize.
Description:
The federal government is the formal organization that among other things taxes and spends federal funds for a country and its associated boundaries. FEDERAL FUNDS means money that is sent by the citizen through her or his INCOME TAXES and RELATED. These taxes are then saved or spent by the government. If the government spends 100 dollars for a certain year and receives 90 dollars from tax payers then there is a DEBT. If this continues and international organization recognizes and labels year after year of DEBT, it is called a DEFICIT. DEBT is an annual measure. DEFICIT is a measure that accumulates over many years. These two terms are often misunderstood. INFLATION means that prices increase beyond available taxes. A small inflation is considered tolerable. STAGFLATION means that the economy is stagnant but expenditures increase. Ultimately to stop this, a large increase in INTEREST (borrowed money that is rented) slows the consumer and inflation goes down. If the consumer continues to under spend year after year, the country goes into DEFLATION. If there is an over expenditure year after year, there can be a DEPRESSION. The EMPLOYMENT RATE is all those who have registered with their state and are looking for work. If an individual moves from a very important and highly paid job to a low paying job, they are UNDEREMPLOYED, but they are not UNEMPLOYED. So this measure can be less accurate than one would want. Some work on a cash basis and are not formally employed. These individuals are not counted.
To JUMP START the economy, money must be spent so that a MULTIPLIER or dollar to dollar average expenditure increases and the economy improves. How to JUMP START deals with at least two major theories. One is to put money in the hands of consumers and workers. They will then spend because they have so much more needs than the next theory. In this first theory it is a type of action that digs in the middle and moves in a swirling fashion to create more jobs and demand. This is called KEYNSIAN ECONOMICS.
TRICKLE DOWN ECONOMICS uses tax cuts for the rich. They then create jobs by taking their tax cuts and investing new services and products. They spend this money in the USA and the rich become job makers. The cuts trickle down to make new jobs and demand. A cut at the top lifts all boats. Our country becomes very rich and distribution of money can unfortunately become lopsided for the rich, however over time the theory works.
The country has a STOCK MARKET where various financial instruments like stocks, bonds, and many other trading currency occur. A stock is a portion of a company that is purchased and the return on the investment can vary. A bond is an IOU from the loaner to the buyer. It has a fixed interest rate.
During his two terms, President Obama was a KEYNSIAN ECONOMIST and President George W. Bush and President Donald Trump are/were TRICKLE DOWN ECONOMISTS.
Generally the party on the RIGHT support and glorify the rich. They do acknowledge that some rich are greedy and psychopathic. The party on the Left support the poor although they accept that some poor do very little and are crime oriented. Both parties compete for the working and middle class.
At this time the GLOBAL INFORMATION SOCIETY has created numerous changes like the INDUSTRIAL REVOLUTION of years ago. With vast change millions are hurt and they look for the cause. A RIGHT WING POPULIST MOVEMENT has emerged to out-migrate certain populations and reduce ineffective democracies to authoritarian governments.
Most studies indicate that most Americans are not fond of other Americans and the country has become tribal.(Levitsky, S. & D., 2018)
Conclusion:
This has been an ideological economic presentation. The majority of terms are ones used by social media and writers of both sides of the political spectrum. There are many more, however this is just an introduction.
References Cited:
__________, (2019) Political Debates about the United States budget, Wikipedia.org.
Dean, R. Gary, Department of Business and Economics, Creighton University, Omaha, Nebraska
Levitsky, S. & D. D. Ziblatt (2018) How Democracies Die, New York: Crown Publishing Group
Snell, Joel Charles, Dept. of Social Sciences, Kirkwood College, Cedar Rapids, Iowa
THE POLITICAL DEBATE RELATIVE TO FEDERAL TAXES / AN ELEMENTAL SOURCE FOR STUDENTS AND OTHERS
Abstract:
This article is to enlighten the reader, student, or others relating to discussions in the news. The narration and terms indicated below are meant for consumers of social media. Thus, there is a greater understanding of what the consumer may come to understand. Further, there may be some discussion of tax policy. The emphasis is meant toward clarity, simplicity, and political neutrality. This can be a handout.
Introduction:
Numerous terms may be used especially by politicians that overwhelm the individual or group as the audience. This article may be used as a hand out to help numerous individuals understand how their income tax is spent. Very few know the entirety of the tax system. This is just a beginning. The major source comes from Wikipedia.org (2018) and is reduced and simplified. The external source is University Professor of Economics and Business and the author is Professor of a Junior College in the Social Sciences.
To the best of all sources there are few errors that may have been over looked. We apologize.
Description:
The federal government is the formal organization that among other things taxes and spends federal funds for a country and its associated boundaries. FEDERAL FUNDS means money that is sent by the citizen through her or his INCOME TAXES and RELATED. These taxes are then saved or spent by the government. If the government spends 100 dollars for a certain year and receives 90 dollars from tax payers then there is a DEBT. If this continues and international organization recognizes and labels year after year of DEBT, it is called a DEFICIT. DEBT is an annual measure. DEFICIT is a measure that accumulates over many years. These two terms are often misunderstood. INFLATION means that prices increase beyond available taxes. A small inflation is considered tolerable. STAGFLATION means that the economy is stagnant but expenditures increase. Ultimately to stop this, a large increase in INTEREST (borrowed money that is rented) slows the consumer and inflation goes down. If the consumer continues to under spend year after year, the country goes into DEFLATION. If there is an over expenditure year after year, there can be a DEPRESSION. The EMPLOYMENT RATE is all those who have registered with their state and are looking for work. If an individual moves from a very important and highly paid job to a low paying job, they are UNDEREMPLOYED, but they are not UNEMPLOYED. So this measure can be less accurate than one would want. Some work on a cash basis and are not formally employed. These individuals are not counted.
To JUMP START the economy, money must be spent so that a MULTIPLIER or dollar to dollar average expenditure increases and the economy improves. How to JUMP START deals with at least two major theories. One is to put money in the hands of consumers and workers. They will then spend because they have so much more needs than the next theory. In this first theory it is a type of action that digs in the middle and moves in a swirling fashion to create more jobs and demand. This is called KEYNSIAN ECONOMICS.
TRICKLE DOWN ECONOMICS uses tax cuts for the rich. They then create jobs by taking their tax cuts and investing new services and products. They spend this money in the USA and the rich become job makers. The cuts trickle down to make new jobs and demand. A cut at the top lifts all boats. Our country becomes very rich and distribution of money can unfortunately become lopsided for the rich, however over time the theory works.
The country has a STOCK MARKET where various financial instruments like stocks, bonds, and many other trading currency occur. A stock is a portion of a company that is purchased and the return on the investment can vary. A bond is an IOU from the loaner to the buyer. It has a fixed interest rate.
During his two terms, President Obama was a KEYNSIAN ECONOMIST and President George W. Bush and President Donald Trump are/were TRICKLE DOWN ECONOMISTS.
Generally the party on the RIGHT support and glorify the rich. They do acknowledge that some rich are greedy and psychopathic. The party on the Left support the poor although they accept that some poor do very little and are crime oriented. Both parties compete for the working and middle class.
At this time the GLOBAL INFORMATION SOCIETY has created numerous changes like the INDUSTRIAL REVOLUTION of years ago. With vast change millions are hurt and they look for the cause. A RIGHT WING POPULIST MOVEMENT has emerged to out-migrate certain populations and reduce ineffective democracies to authoritarian governments.
Most studies indicate that most Americans are not fond of other Americans and the country has become tribal.(Levitsky, S. & D., 2018)
Conclusion:
This has been an ideological economic presentation. The majority of terms are ones used by social media and writers of both sides of the political spectrum. There are many more, however this is just an introduction.
References Cited:
__________, (2019) Political Debates about the United States budget, Wikipedia.org.
Dean, R. Gary, Department of Business and Economics, Creighton University, Omaha, Nebraska
Levitsky, S. & D. D. Ziblatt (2018) How Democracies Die, New York: Crown Publishing Group
Snell, Joel Charles, Dept. of Social Sciences, Kirkwood College, Cedar Rapids, Iowa
THE POLITICAL DEBATE RELATIVE TO FEDERAL TAXES / AN ELEMENTAL SOURCE FOR STUDENTS AND OTHERS
Abstract:
This article is to enlighten the reader, student, or others relating to discussions in the news. The narration and terms indicated below are meant for consumers of social media. Thus, there is a greater understanding of what the consumer may come to understand. Further, there may be some discussion of tax policy. The emphasis is meant toward clarity, simplicity, and political neutrality. This can be a handout.
Introduction:
Numerous terms may be used especially by politicians that overwhelm the individual or group as the audience. This article may be used as a hand out to help numerous individuals understand how their income tax is spent. Very few know the entirety of the tax system. This is just a beginning. The major source comes from Wikipedia.org (2018) and is reduced and simplified. The external source is University Professor of Economics and Business and the author is Professor of a Junior College in the Social Sciences.
To the best of all sources there are few errors that may have been over looked. We apologize.
Description:
The federal government is the formal organization that among other things taxes and spends federal funds for a country and its associated boundaries. FEDERAL FUNDS means money that is sent by the citizen through her or his INCOME TAXES and RELATED. These taxes are then saved or spent by the government. If the government spends 100 dollars for a certain year and receives 90 dollars from tax payers then there is a DEBT. If this continues and international organization recognizes and labels year after year of DEBT, it is called a DEFICIT. DEBT is an annual measure. DEFICIT is a measure that accumulates over many years. These two terms are often misunderstood. INFLATION means that prices increase beyond available taxes. A small inflation is considered tolerable. STAGFLATION means that the economy is stagnant but expenditures increase. Ultimately to stop this, a large increase in INTEREST (borrowed money that is rented) slows the consumer and inflation goes down. If the consumer continues to under spend year after year, the country goes into DEFLATION. If there is an over expenditure year after year, there can be a DEPRESSION. The EMPLOYMENT RATE is all those who have registered with their state and are looking for work. If an individual moves from a very important and highly paid job to a low paying job, they are UNDEREMPLOYED, but they are not UNEMPLOYED. So this measure can be less accurate than one would want. Some work on a cash basis and are not formally employed. These individuals are not counted.
To JUMP START the economy, money must be spent so that a MULTIPLIER or dollar to dollar average expenditure increases and the economy improves. How to JUMP START deals with at least two major theories. One is to put money in the hands of consumers and workers. They will then spend because they have so much more needs than the next theory. In this first theory it is a type of action that digs in the middle and moves in a swirling fashion to create more jobs and demand. This is called KEYNSIAN ECONOMICS.
TRICKLE DOWN ECONOMICS uses tax cuts for the rich. They then create jobs by taking their tax cuts and investing new services and products. They spend this money in the USA and the rich become job makers. The cuts trickle down to make new jobs and demand. A cut at the top lifts all boats. Our country becomes very rich and distribution of money can unfortunately become lopsided for the rich, however over time the theory works.
The country has a STOCK MARKET where various financial instruments like stocks, bonds, and many other trading currency occur. A stock is a portion of a company that is purchased and the return on the investment can vary. A bond is an IOU from the loaner to the buyer. It has a fixed interest rate.
During his two terms, President Obama was a KEYNSIAN ECONOMIST and President George W. Bush and President Donald Trump are/were TRICKLE DOWN ECONOMISTS.
Generally the party on the RIGHT support and glorify the rich. They do acknowledge that some rich are greedy and psychopathic. The party on the Left support the poor although they accept that some poor do very little and are crime oriented. Both parties compete for the working and middle class.
At this time the GLOBAL INFORMATION SOCIETY has created numerous changes like the INDUSTRIAL REVOLUTION of years ago. With vast change millions are hurt and they look for the cause. A RIGHT WING POPULIST MOVEMENT has emerged to out-migrate certain populations and reduce ineffective democracies to authoritarian governments.
Most studies indicate that most Americans are not fond of other Americans and the country has become tribal.(Levitsky, S. & D., 2018)
Conclusion:
This has been an ideological economic presentation. The majority of terms are ones used by social media and writers of both sides of the political spectrum. There are many more, however this is just an introduction.
References Cited:
__________, (2019) Political Debates about the United States budget, Wikipedia.org.
Dean, R. Gary, Department of Business and Economics, Creighton University, Omaha, Nebraska
Levitsky, S. & D. D. Ziblatt (2018) How Democracies Die, New York: Crown Publishing Group
Snell, Joel Charles, Dept. of Social Sciences, Kirkwood College, Cedar Rapids, Iowa
THE POLITICAL DEBATE RELATIVE TO FEDERAL TAXES / AN ELEMENTAL SOURCE FOR STUDENTS AND OTHERS
Abstract:
This article is to enlighten the reader, student, or others relating to discussions in the news. The narration and terms indicated below are meant for consumers of social media. Thus, there is a greater understanding of what the consumer may come to understand. Further, there may be some discussion of tax policy. The emphasis is meant toward clarity, simplicity, and political neutrality. This can be a handout.
Introduction:
Numerous terms may be used especially by politicians that overwhelm the individual or group as the audience. This article may be used as a hand out to help numerous individuals understand how their income tax is spent. Very few know the entirety of the tax system. This is just a beginning. The major source comes from Wikipedia.org (2018) and is reduced and simplified. The external source is University Professor of Economics and Business and the author is Professor of a Junior College in the Social Sciences.
To the best of all sources there are few errors that may have been over looked. We apologize.
Description:
The federal government is the formal organization that among other things taxes and spends federal funds for a country and its associated boundaries. FEDERAL FUNDS means money that is sent by the citizen through her or his INCOME TAXES and RELATED. These taxes are then saved or spent by the government. If the government spends 100 dollars for a certain year and receives 90 dollars from tax payers then there is a DEBT. If this continues and international organization recognizes and labels year after year of DEBT, it is called a DEFICIT. DEBT is an annual measure. DEFICIT is a measure that accumulates over many years. These two terms are often misunderstood. INFLATION means that prices increase beyond available taxes. A small inflation is considered tolerable. STAGFLATION means that the economy is stagnant but expenditures increase. Ultimately to stop this, a large increase in INTEREST (borrowed money that is rented) slows the consumer and inflation goes down. If the consumer continues to under spend year after year, the country goes into DEFLATION. If there is an over expenditure year after year, there can be a DEPRESSION. The EMPLOYMENT RATE is all those who have registered with their state and are looking for work. If an individual moves from a very important and highly paid job to a low paying job, they are UNDEREMPLOYED, but they are not UNEMPLOYED. So this measure can be less accurate than one would want. Some work on a cash basis and are not formally employed. These individuals are not counted.
To JUMP START the economy, money must be spent so that a MULTIPLIER or dollar to dollar average expenditure increases and the economy improves. How to JUMP START deals with at least two major theories. One is to put money in the hands of consumers and workers. They will then spend because they have so much more needs than the next theory. In this first theory it is a type of action that digs in the middle and moves in a swirling fashion to create more jobs and demand. This is called KEYNSIAN ECONOMICS.
TRICKLE DOWN ECONOMICS uses tax cuts for the rich. They then create jobs by taking their tax cuts and investing new services and products. They spend this money in the USA and the rich become job makers. The cuts trickle down to make new jobs and demand. A cut at the top lifts all boats. Our country becomes very rich and distribution of money can unfortunately become lopsided for the rich, however over time the theory works.
The country has a STOCK MARKET where various financial instruments like stocks, bonds, and many other trading currency occur. A stock is a portion of a company that is purchased and the return on the investment can vary. A bond is an IOU from the loaner to the buyer. It has a fixed interest rate.
During his two terms, President Obama was a KEYNSIAN ECONOMIST and President George W. Bush and President Donald Trump are/were TRICKLE DOWN ECONOMISTS.
Generally the party on the RIGHT support and glorify the rich. They do acknowledge that some rich are greedy and psychopathic. The party on the Left support the poor although they accept that some poor do very little and are crime oriented. Both parties compete for the working and middle class.
At this time the GLOBAL INFORMATION SOCIETY has created numerous changes like the INDUSTRIAL REVOLUTION of years ago. With vast change millions are hurt and they look for the cause. A RIGHT WING POPULIST MOVEMENT has emerged to out-migrate certain populations and reduce ineffective democracies to authoritarian governments.
Most studies indicate that most Americans are not fond of other Americans and the country has become tribal.(Levitsky, S. & D., 2018)
Conclusion:
This has been an ideological economic presentation. The majority of terms are ones used by social media and writers of both sides of the political spectrum. There are many more, however this is just an introduction.
References Cited:
__________, (2019) Political Debates about the United States budget, Wikipedia.org.
Dean, R. Gary, Department of Business and Economics, Creighton University, Omaha, Nebraska
Levitsky, S. & D. D. Ziblatt (2018) How Democracies Die, New York: Crown Publishing Group
Snell, Joel Charles, Dept. of Social Sciences, Kirkwood College, Cedar Rapids, Iowa