Gotta Do It
Goverment programs that are legally required to be provided to those who qualify.
What are entitlements?
The process by which people acquire their political beliefs.
What is political socialization?
Politicians use this data to decide which groups of society they should focus on to win additional votes.
What is demographic data?
Has the power to decide the federal budget.
What is Congress?
An ideology that believe that free market forces are better than the government at making economic decisions.
What is conservative ideology?
Is the largest category of the federal budget.
What is mandatory spending?
Economic approach to fiscal policy that would have the government spend more money to create jobs.
What is Keynesian economics?
This makes up the largest part of federal government revenues.
What are income taxes on citizens?
Has the power to manage monetary policy.
Who is the Federal Reserve Bank?
Americans pay into this retirement programing believing the money will be there to pay them when they retire.
What is social security?
Someone with liberal ideology would do this to fix the funding deficit for social security.
What is raise taxes?
Generally believe by conservatives, this school believes lowering taxes and regulation does most to stimulate economic activity.
Who are supply-side economists?
The reason why public polling results cannot be assumed as 100% accurate
What is margin of error?
To most common way for citizens to show power in a democracy.
What is voting?
Someone who does not believe their vote will make a difference lacks this.
What is political efficacy?
Type of program where you have to be below a certain level of income to receive.
What is means-tested entitlement?
People with this level of education are more likely to vote than those without.
What is college educated?
Looking at demographic data, this group is most likely to vote.
Who are the elderly?
Has the greatest power to influence the political views of children.
Who are families?
Liberals believe that if you make this process easier and more accessible, more people will vote.
What is voter registration?
Goverment programs meant to help protect people when they fall, much like a circus act.
What is social safety net?
Belief that the economy should just be left alone and it will fix itself
Complicates demographic analysis making it hard to interpret voting preferences.
What are cross-cutting cleavages?
Is empowered by the Constitution to oversee elections.
Who are the state governments?
During a recession in an economic cycle, the FED would do this to the discount rate to improve the economy?
What is cut / reduce the discount rate?