Ten Trillion and Counting

*Key terms:

debt -

deficit -

“starve the beast” -

“pay as you go” (pay-go)

*3 biggest budget items effecting the debt and yearly deficits:

entitlement programs – Medicare/Medicaid  &  Social Security

Department of Defense

Timeline of President’s policies:

Reagan (40) — Jan 1981 – Jan 1989

big tax cuts  /  then raised taxes when the debt began to grow

increased Defense spending

Bush (41) — Jan 1989 – Jan 1993

promised no next taxes “read my lips, no new taxes”  BUT he then had to raise taxes during a recession when the debt to grow.    Lost his re-election.

Clinton (42) — Jan 1993 – Jan 2001 (raise taxes & cut spending)

Passes a balanced budget law w/ Republicans in Congress.  (raised taxes & cut govt spending).   The U.S. had a budget surplus in 1995 – 2000.    Projections for the future were for annual surpluses and reducing the national debt to zero.

Bush (43) — Jan 2001 – Jan 2009 (cut taxes & raised spending)

May 2001 – 1.3 trillion dollar tax cut
October 2001 – Afghanistan War begins
March 2003 – Iraq War begins
late 2003 – Medicare Part D (drugs for senior citizens)

November 2004 – G.W. Bush re-elected

September 2008 – Financial crisis – TARP ( Troubled Asset Relief Program)
800 billion dollars (more borrowing) to rescue large banks.

November 2008 – Obama wins Prez election.

December 2008 – Auto bailout money ($40 billion for Big Three automakers)

Obama (44) — Jan 2009

February 2009 – Stimulus Bill ($800 billion economic aid to small business / tax cuts / job creation)

February 2010 – 10% unemployment / $13 trillion national debt

What 3 countries own most of the debt of the U.S.?

Chapter 10 Notes

Section 2 – Calls for Good Government

Main idea – _ ?__

Civil Service Reforms – Before Rutherford Hayes was elected, patronage(giving jobs to friends) was a common practice.

Hayes Begins Reforms

Hayes forbid the practice of “shaking down” federal workers. (forced to make political contributions)

Hayes blocked appointments of Congressional leaders.

Hayes refused to sign legislation with “riders” (irrelevant amendment)

Election of 1880

Republican James Garfield defeated Democrat Winfield Hancock in a very close election.

The Pendleton Act

Garfield is assassinated and the public now supported reform.  The Pendleton Act said:  1.  Prez decides which Fed jobs are now under the new Civil Service Commission.  2.  Candidates had to take exams.  3.  Jobs would be given from the list of those who passed the exam.

Cleveland in Office - The reform movement begun by Hayes and continued by Garfield & Arthur did not stop.

The Election of 1884

Cleveland was governor of NY.   First Democrats elected since 1856, he won by a narrow margin.

Reforms Continue

Cleveland to improve govt efficiency and integrity.   He supported the Presidential Succession Act.  He repealed the Tenure of Office Act.

He took public land back from private companies.

Tarriffs and the Election of 1888

Different Views on Tariffs -  ”free-traders” thought tariffs hurt comsumers by interfering with the normal laws of supply and demand.

“protectionists” thought tariffs protect young industries and American jobs.   Cleveland favored a reduction in tariffs & small government.

Harrison Elected President

Grover Cleveland (Dem) vs. Benjamin Harrison (Rep).    Harrison received less popular votes but won the electoral college (and thus, the election.)

Treasury Surplus and the Tariffs

High tariffs lead to a govt surplus of $$.    The money was spent on improvement projects for the country.

Several Issues Hurt Republicans

High tariffs eventually became an economic problem for the U.S.    Some republicans were in favor of English-only schools.    Prohibition (ban on drinking)  was favored by Republicans, but not the public.

Section 3 – Cultural Life

Main Idea:  America’s cultural scene changed rapidly after the Civil War.

Education – In the late 1800s, public schools benefited from reforms.

Public Education – many cities introduced free secondary education.

Private Colleges and Universities

In the mid-1800s, most universities had poor equipment and buildings.  However, by 1900 – these weaknesses had been improved upon and graduate schools improved their fields of study and quality of education.

State Universities

Colleges in the mid-west made higher education available to women.  The Morrill Act gave land to colleges to expand and teach agriculture.  Texas A&M, for example.

Literature

Southern writers were nostalgic about the antebellum (pre-Civil War) way of life.   Samuel Clemens (a.k.a. Mark Twain) wrote stories of his travels in the west – “Tom Sawyer” and “Huckleberry Finn”.

Twain brought together popular and high-brow literature.

Art and Architecture

“Realism” was the most important art form.  Most of America’s painters were expatriates – they chose to live outside their native country.

The popular architecture style was “Victorian” was heavy and ornate.  Some criticized the style as a symbol of greed.

The Yellow Press and the Dime Novel – the Industrial Revolution increased the leisure time of people.

Penny Newspaper

Newspapers were cheap to produce and sold at low prices.  Joseph Pulitzer, the publisher of the New York World, used sensational headlines and comics to improves sales.   The term “yellow journalism” referred to the yellow ink of his paper but it came to refer to the the style (tabloid journalism) and substance (sometimes untrue) of his paper.

Dime Novels

Cheap books about crime, business and outlaws written for the young, male population.

Sports and Entertainment

Some sports, among the high class, came from England.  Baseball, came to be known as America’s pastime, was very popular.   The bicycling craze began.

Theatre, opera, museums and art galleries became popular among cultural life in cities.

State of the Union from “The Daily Show”

Click here for the segment that we watched in class today.

a6 Chap 10 Summary Outline

Section 1 – “A Tarnished Image”

Main idea: During the late 1800’s political scandals plagued many city governments as corrupt politicians sought to increase their wealth and power.

Political Machines – graft (theft by politicians) was common at the local level.

Growth of Cities

In 1840, there were 131 cities.   In 1890, there were 939.

your notes…

Maintaining Control

your notes

The Tweed Ring

your notes

Widespread Corruption was happening at the state and federal level also.  Congress and the President lacked leadership in fighting this corruption.

In State Government

your notes

In Federal Government

your notes

Credit Mobilier

your notes

Postwar Political Parties – one sentence

Issues Split Parties

your notes

Republicans

your notes

Democrats

your notes

January 25, 1915 The First Transcontinental Phone Call

The NY Times covered the story this way.

CE a3: Ideas for Reducing the Debt of the US

This link shows exactly how the federal government spends the money of U.S. taxpayers.

Click here to read some ideas for how to reduce the debt.

In the comments below, leave a comment on this blog post discussing:

1.  one of the ideas already there AND
2. one of your own ideas for reducing the debt of the U.S.

*

Just for your entertainment….. Click here for the episode of “The Daily Show w/ John Stewart” from Monday, Jan 18.   You’ll recognize his guest from our in-class documentary, “IOUSA”.

CE a2: A National Commission on the U.S. Debt

Your assignment is read this article:  http://www.washingtonpost.com/wp-dyn/content/article/2010/01/19/AR2010011903310.html?wpisrc=nl_politics

After you read the article, make a comment below. (comments are now closed)

There is no length requirement for your comment, but please have something intelligent to say that can add to the class discussion when we meet next.

January 19, 1937 Howard Hughes Crosses America by Plane in 7.5 Hours

The NY Times coverage is here.   You can find a brief biography of the reclusive billionaire here.

MLK day, 2010

Dr Martin Luther King Jr gives his last speech.  He was killed the next day.

The National Debt of the United States

The national debt of the United States is now over $12 trillion.  Even more shocking are the projections for the future as Social Security and Medicare expenditures will explode.

Two looks at the nation’s debt are here and here.

What we’re watching in class: http://www.iousathemovie.com/

First Semester Ends

I’ll be posting a few notes here as I’m finishing grades and organizing my thoughts.

First, some good news…. the curve on the final exam is +3% (+2 points out of 60).   Not much, I know.  As you can tell by the small curve, a lot of students prepared themselves well for the final.  If you look at your results in Quia, your score will not reflect the curve – but you’ll see it on your grade reports.

A small amount of bad news…. since our discussion in-class about raising standards and doing things a bit more traditionally, grades dropped across the board.  We’ll work on adjusting to that change and improving grades when we start the second semester next Monday.

The easiest ways to succeed in USH and CE:  Do your homework on time.  Pay attention to directions AND pay attention to details in your writing.  Reduce your distractions (mostly, your off-task laptop time).   Prepare for quizzes and assessments.   You wouldn’t play your sport with out a warm-up and practice – school is no different.

More to come….