Core US Beliefs
Social and political philosophy that promotes individual well-being over the well-being of society as a whole
Individualism
A citizen’s ideology is influenced most by
their family
This allows citizen opinions to be collected
Opinion polling
Political party that favors government involvement in citizens' daily life
Democrats
Laissez-faire
Hands off the economy
Belief that political officials and institutions should have significant constraints on their power
limited government
This historic event made Millennials question the government
9-11
This can effect the answers people give to polls
How the question is asked
Political party that favors lower taxes
Believe that the government should increase spending during recessions to stimulate demand
Keynesian economy
Notion that everyone within a country, including government officials, are subject to its laws
Rule of law
This historic event made the Silent Generation trust the government
The Great Depression
Poll of voters taken immediately after they have exited the polling stations.
exit poll
Supports welfare
Democrats
Too much income goes to taxes so too little money is available for purchasing, and the solution is to cut taxes and return purchasing power to consumer
Supply-side Economics
Belief that each person should have an equal chance at success and that no person should be limited by circumstances outside of her control
Equality of opportunity
The ideas, beliefs, and values that individuals have about how government
Political ideology
Initial poll on a candidate and issues on which campaign strategy is based and against which later polls are compared.
Benchmark poll
Supports the Second Amendment
Republicans
Govt regulating the money supply, controlling inflation/deflation, adjusting the interest rates to regulate the economy, the cost of money, and adjusting the band reserve requirements. Controlled by the FED (Federal Reserve)
Monetary Policy
Ability of individual people and businesses to make money with minimal interference by the government
Free Enterprise
The process in which people develop their political values, beliefs, attitudes and ideology
Political socialization
Scientific polls must be these two thing
Representative and random
Supports the status quo
Republicans
Involves the government's ability to tax and spend
Fiscal Policy