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deficits

  • SOURCE: Bunk

    The Supply-Side Swindle

    by Brent Cebul

    Until liberals understand that supply-side tax cuts are a political strategy dressed as an economic theory, they will be doomed to repeat their technically accurate but utterly irrelevant arguments.

  • Deficits and the Debt Ceiling

    by Diane Steiker

    Download this lesson plan as a Word documentThe first day of the lesson reviews the general causes, characteristics and proposed solutions to the debt crisis. This first lesson, which could easily extend to a two-day lesson, would then provide the basic substance for developing a Public Service Announcement (PSA) project that would require two days of class-time group work for planning. The project would be completed outside of class. When the project is completed, an additional day would be needed for presentations of each group’s video or poster project. Common Core Standards Correlation: Reading Standards for Literacy in History/Social Studies Grades 9-12: standards 1-4, and 6-9 Writing Standards for Literacy in History/Social Studies Grades 9-12: standards 1-9 Readings/Resources:

  • SOURCE: CNN.com
    1-3-13

    Julian Zelizer: America Lives Under the Shadow of George W. Bush

    Julian Zelizer is a professor of history and public affairs at Princeton University. He is the author of "Jimmy Carter" and of "Governing America."Although some Democrats are pleased that taxes will now go up on the wealthiest Americans, the recent deal to avert the fiscal cliff entrenches, rather than dismantles, one of Bush's signature legacies -- income tax cuts. Ninety-nine percent of American households were protected from tax increases, aside from the expiration of the reduced rate for the payroll tax.In the final deal, Congress and President Barack Obama agreed to preserve most of the Bush tax cuts, including exemptions on the estate tax.When Bush started his term in 2001, many of his critics dismissed him as a lightweight, the son of a former president who won office as result of his family's political fortune and a controversial decision by the Supreme Court on the 2000 election.

  • Deficits and the Debt Ceiling

    Download this backgrounder as a Word document.Worth ReadingBernard Weisberger, "What History Tells Us Will Likely Happen to Those Giant Surpluses"HNN Hot Topics: Tea Party HistoryHNN Hot Topics: The Debt CeilingBackground