Reaganomics

According to Abramovitz (2014), the post-World War II welfare state was the “golden age of capitalism” (p.4). During this period actual income and living standard rose for everyone, the inequality gap between poor and rich become narrower, the middle-class dream of a good job and a good home became more of a reality, more employment and equal opportunity were created, better wage and good benefits were introduced for the workers and sexual equality and civil rights movements were steady. “The…

endeavored to make our country “A Great Society.” He sent troops to Vietnam on the plus side he championed equal rights. Ronald Reagan ranks high as a great achiever as a President of the United States of America. He lowered taxes, push his ideas of Reaganomics as a viable way toward a prosperous economy. He was a contributing factor that saw the end of the Cold War thus possibly saving American lives. Richard Nixon will be remembered for his lying about Watergate break-in which ended with him…

III. Critical Response to Alice H. Amsden’s Thesis At the heart of Escape from Empire, Amsden explains how shifts in American policy between the First and Second American Empire were a detriment to the development of the Third World. More specifically, Amsden’s thesis is that because of American policy rigidity, the Third World could be better suited for development if it cultivates self-determined policy. It is from this dichotomy between progressively driven policies and ideologically driven…

Keynesian Economics is when the economic output is strongly influenced by aggregate demand, which is the total output spending in the economy. This theory is better known for understanding the Great Depression. Keynes argued that insufficient demand will lead to lengthy unemployment. According to this revolutionary idea there are four components that sum up the economy, that being said, the economy has consumption, investments, government purchases, and next exports. These four components are…

Hip hop artist and basketball players are both performers, who have a rich connection and similar persona, showcasing style, swagger, urbanism, bravado, and coolness. This rich bond was established in 1979; from 1984 to 2009, a new era was conceived, known as “The Dunkadelic Era.” In 1979, the first mainstream explicit connection between hip-hop and basketball was established. The Sugarhill Gang’s hit song “Rapper’s Delight,” which is commonly referred to as the first mainstream hip-hop song,…

Background and Summary Ronald Reagan did not begin his spotlight of fame as a politician, but rather a Hollywood actor. He started his political career off as a conservative California governor, but he aspired to achieve greater heights as he ran multiple times for the Republican nomination of president. He won such nomination in 1980, and ultimately the presidency. The speech is his inaugural address to the country before claiming the position. Additionally, he was the face of the conservative…

Since the beginning of the 20thcentury, it has been deliberated that the works of Marx have shaped and sculpted many aspects of art through to the postmodern era. Barbara Kruger is one of many postmodernists, who’s practice demonstrates the issues of the social and economic powers of the 1980s, by applying her work to all echelons of society. Through the theories of many postmodern critiques, the original Marxist views have been retrospectively accepted however re-worked within the master…

Introduction Domestic policy is a broad area of public policy, which deals with laws, government programs, and administrative decisions which are directly related to all things that directly affect the people in its own country ("Cambridge Dictionaries Online (US)"). I will be analyzing the three presidents: Lyndon B. Johnson, Ronald Reagan, and Bill Clinton, on the basis of how strong or limited they were on their domestic policies. Bill Clinton was chosen for being able to balance the budget…

Hip hop artist and basketball players are both performers, who have a rich connection and similar persona, showcasing style, swagger, urbanism, bravado, and coolness. This rich bond was established in 1979; from 1984 to 2009, a new era was conceived, known as “The Dunkadelic Era.” In 1979, the first mainstream explicit connection between hip-hop and basketball was established. The Sugarhill Gang’s hit song “Rapper’s Delight,” which is commonly referred to as the first mainstream hip-hop song,…