1. Conservative ideology
Slide 1.1
Conservative ideology
Believing in the value of established and traditional practices in politics and society
Tending or disposed to maintain existing views, conditions, or institutions
Favoring economic freedoms for individuals and businesses that allow markets to work with little interference from the government
Tend to support the Republican party

2. Slide 1.2
Liberal ideology
Believing that government should be active in supporting social and political change
Not opposed to new ideas or ways of behaving; willing to change established views or policies
Favoring the use of government to promote economic fairness and security which free markets may not always deliver
Tend to support the Democratic party

3. Republican Party basic economic beliefs
Slide 1.3
Republican Party basic economic beliefs
Generally lower taxes and reduce spending
Sensible business regulations
Oppose interventionist policies in the market
Small businesses are the heart of the economy
Cut corporate taxes
The Federal Reserve needs more oversight
The government should have a balanced budget
Against wealth redistribution
Pro military spending
Individual responsibility

4. Democratic Party basic economic beliefs
Slide 1.4
Democratic Party basic economic beliefs
Taxes should be raised on the wealthy, lowered on the poor
Pro minimum wage
Wealth redistribution is necessary
Government should spend more on social programs, less on military
Provide a safety net to workers
Regulations are needed to protect citizens
Support universal health care
College should be affordable to all
Society should take care of those who cannot take care of themselves