Reaganomics

Two Piscataway Township High School freshman were caught smoking cigarettes in the bathroom. When caught, the teacher took both students to the principal's office. One girl admitted to smoking while the other student, Terry or TLO , denied smoking. In response to the denial, officials asked for TLO to hand over her purse. Reluctantly, TLO passed the purse to the officials where they started rummaging through the purse. The officials discovered cigarettes, marijuana, and a list containing the…

Donald J. Trump is the very definition of the American success story, continually setting the standards of excellence; President Elect Donald Trump has rooted his campaign on the idea to “Make America great again”. In a government that is created by the people, for the people Trump vows to always be our voice, never letting us down, exclaiming, “Now it’s time to get to work – to unite, to prosper, to become stronger. Together, I have no doubt we have taken the first step to Make America Great…

are still some arguments that can make it seem like the trickle down economic theory works. The greatest example of this was during the Reagan Administration, it seemed like trickle-down economics worked. His policies at that time were known as Reaganomics, and these policies helped end the recession of 1980. He took the route of cutting taxes significantly. During this time the top tax rate fell from 70 percent all the way to 28 percent. Reagan also went and cut the corporate tax rate from 46…

What makes this film even more interesting is the fact that it is one of the first motion pictures to replicate the video game craze on the rise in the 1980s. The main character in Tron is a computer programmer who is zapped into the cyberworld he helped create, forced to duel in gladiatory digital games, and tries to outsmart a corrupt master program. The film Tron works best on strictly an entertainment value, its colorful, has actions, and looks incredibly fun, much like a huge video game…

Fiat currency and the Gold Standard By historical definition currency has either been backed by an asset (i.e. gold) or backed by government guarantee in credit, which is essentially just promise of value. Money being backed by gold or other assets has consistently retained its value and inflation rate. On the other hand, “fiat currency” (money not guaranteed in value by physical commodity) has shown to be more elastic to cater to economic needs. There are cons as well: gold is a very scarce…

their presidency when the United States was undergoing severe economic distress. Roosevelt implemented his New Deal while Mr. Reagan enforced his combination of tax cuts and policy of less government intervention that has otherwise been known as “Reaganomics”. Both presidents instilled such a lasting optimism into within the United States. Roosevelt helped his country through his Fireside Chats and his social programs to end the Depression. Both presidents left their mark on the United States…

After I Pick the Fruit, a documentary, records the lives of five immigrant farmworker women, with only two of them being documented over approximately a ten-year span. This film shows the development of several friendships made between the filmmaker, Nancy Ghertner, and each of the five immigrant farmworker women. The names of these five women are Soledad, Vierge, Maria, Elisa, and Lorena. This illustrates the struggle these women go through to satisfy their roles as workers, let alone also…

A Shift to Neoliberalism In the final four decades of the twentieth century, America underwent a stupendous shift in national politics and economics scales. Politically, government embraced neoliberal policies that favored the economic and social theory of free market to encourage deregulation and privatization to result in economic restoration against inflation. Economically, deregulation favored wealthy corporation to reduce wage on workers and expend their savings to invest which expanded…

On March 31st, 1854, officials from the United States and Japan signed the Treaty of Kanagawa, opening Japanese ports to trade with the United States, as well as the West, after being closed off to foreigners since 1683 (“Treaty of Kanagawa signed with Japan”). While this was just the first step of the globalization process, the complex mechanisms of globalization continue to shape Japan today. After World War II, due to Japan’s rapid growth, the country emerged as a major global player and…

Ronald Reagan did many great things in his life, he was a football star and a actor in his high school. He also was a sports announcer for his first job, later becoming an announcer for WHO radio station in Des Moines, Illinois. He later Became a Hollywood star as he got the leading role in a movie called "Knute Rockne all american". He also Became the governor of California for two years. Then finally he became The president of the United States of America for two terms, helping people of this…