Eisenhower: Dynamic Conservatism

Slides:



Advertisements
Similar presentations
American History Chapter 16 Section 1
Advertisements

POSTWAR AMERICA TRUMAN AND EISENHOWER RETURNING TO A PEACETIME ECONOMY After the war, many Americans feared returning to a peacetime economy However,
Macroeconomics Unit 12 Deficits, Surpluses, Debt Top Five Concepts.
Chapter Ten: Fiscal Policy. The Role of Government Spending and Taxes.
Chapter 11 and 15.  The use of government taxes and spending to manipulate the economy. Chapter 11 2.
Domestic Policy in Post War America Truman and Eisenhower.
Post WWII America. Life After WWII How will WWII change life in America? How will WWII change life in America? In Europe? In Europe?
Truman and Eisenhower 16-1
7.3: The 1930s & the Great Depression  Follow along in the student packet: “Content students MUST KNOW to be successful on the GHSGT” (p ) Click.
USH 16:1 Return to a Peacetime Economy Servicemen's Readjustment Act (“G.I. Bill”) – Provide funds to veterans: Establish businesses Buy homes Attend college.
Hoover’s Policies. Rugged Individualism “Pick yourself up by your bootstraps” The free-market will cure itself.
Chapter 15. Government as Regulator of the Economy Efficiency through government intervention Promoting competition Making business pay for indirect costs.
Postwar America 16.1 Truman and Eisenhower.
The New Economy Presentation by Dr. Kevin T. Brady, AIHE President.
THE NEW DEAL.
Chapter 15. Government as Regulator of the Economy Efficiency through government intervention Promoting competition Making business pay for indirect costs.
NEW DEAL REVIEW GAME JANUARY 12, 2015 Trashketball.
America Gets a New Deal (Chapter 15, Section 1 & 2)
Truman & Eisenhower Chapter 23 Section 1.
Chapter 25 Section 1 The Cold War Begins Section 3 Hoover’s Response Fails Discuss how Hoover’s initial conservative response to the depression failed.
Fiscal Policy Using taxes and government spending to influence the economy.
Economy (Jobs, Workers, and Taxes) Economics- of or relating to the production, development, and management of material wealth, as of a country, household,
  GDP (Gross Domestic Product) – Basic measure of a nation’s economic output and income. Total market value of all goods and services produced in the.
ECON 521 Special Topics in Economic Policy CHAPTER FOUR Fiscal Policy and the Budget.
State Operation If the state adopts such a severe Deficit Reduction Plan (DRP) that depends deeply on cuts it will have an adverse effect on the state’s.
Introduction to Economics Johnstown High School Mr. Cox Fiscal Policy.
 Students will explain the operations and impact of fiscal policy  Students will distinguish between supply-side economics and fiscal policy  Students.
Deficits & National Debt Mr. Marinello * Chippewa Valley.
What is a sin tax? What is its purpose and function as a government restriction on the use of individual property? A sin tax is a relatively high tax.
The role of government in the United States economy
Budget Deficits and the National Debt
The Government and the Economy
Economics and the Global Economy
Aim: How does the budget deficit and national debt influence our economy Do Now: What is a budget?
Postwar America.
Government Spending.
Chapter 16: Financing Government Section 2
Chapter 27 – Post War America
Dwight D. Eisenhower ( ) By: Vanessa R., Andrew J., & Linda H.
Chapter 11 – Government in the Economy
13 FISCAL POLICY Government Spending and Tax Policy Part 1.
Competing Visions for America
Fiscal Policy: Spending & Taxing
Introduction to Economics Johnstown High School Mr. Cox
Fiscal Policy Notes – AP Macroeconomics
Agenda Bell Work Questions What was a Levitt Town?
Gov Review Video #42: Making The Federal Budget
The Post War Boom Chapter 19.
EISENHOWER DOMESTIC POLICY
Big Idea Packet Questions
Fiscal Policy Notes – AP Macroeconomics
The Great Depression and the New Deal ( )
13 FISCAL POLICY Government Spending and Tax Policy Part 1.
Making an Affluent Society
Chapter 16: Financing Government Section 2
AP U.S. Government and Politics Unit 8
Containment Containment – not allow Communism to spread
Hoover Responds to the Great Depression
Chapter 16: Financing Government Section 2
Fiscal Policy: Spending & Taxing
Chapter 19-Section 1-Postwar America
Fiscal Policy.
2-3 Other Measures of Business Activity
Demand side v. Supply side
13 FISCAL POLICY. 13 FISCAL POLICY After studying this chapter, you will be able to: Describe the federal budget process and the recent history of.
Chapter Summary Section 1: An Economic Boom
Chapter 19-Section 1-Postwar America
What is it? How do we fix it?
Deficits & National Debt
Taxes And Spending “In this world, nothing is certain but death and taxes” -Benjamin Franklin.
Presentation transcript:

Eisenhower: Dynamic Conservatism

1952: What was going on?

Eisenhower’s Response Dynamic Conservatism: Economic Practices Cut Federal taxes- why? Cut funding for public housing and school construction – why? Eliminated the Reconstruction Finance Corporation – why? Eisenhower’s Response

Eisenhower’s Response: Cut Federal Taxes Stimulate the economy, increase spending Cut funding for housing and schools Balance the budget Eliminated the RFC Decrease the role of the government Eisenhower’s Response:

Historical Tax Rates:

Historical Budget Deficit and Surplus

In what ways would Eisenhower’s economic plans help solve the problems American’s were facing?

Eisenhower’s Response Dynamic Conservatism: Social Policies Did not eliminate Social Security Expanded to cover 10 million more people Did not eliminate labor laws Raised minimum wage from $.75 to $1 an hour Did not cut farm programs Aided farmers through Social Security Eisenhower’s Response

In what ways would Eisenhower’s social plans help solve the problems American’s were facing?

Eisenhower: Small Government Smaller Government Government should be small, but invest in large projects Federal Highway Act of 1956 More than 40,000 miles of highway were built Increased number of suburbs Lowered business for public transportation companies Built highways through urban neighborhoods (primarily took homes from Latinos and African Americans) Eisenhower: Small Government

Why would Eisenhower invest in the highway system?

How did Eisenhower’s plans affect the size of the government?

How did Eisenhower’s plans impact the American people?