GOVT Final 2 Flashcards
Demand-side Economics;
Government increases spending level
Consumers have more money to spend
Consumer spending leads to job creation
Supply-side Economics;
Government cuts taxes on business
Having more money, the wealthy invest in production
Increased production (supply) leads to increased consumer spending (demand)
Public Assistance Programs
Funded with general tax revenue
Available only to individuals in financial need
Left mainly to the states
Individuals expected to take care of themselves
Incumbents today have a ___ chance of winning reelection.
90%
Congress vs. Parliament
C - Main focus is representation
P - Primary action is debating
Constitutional roles of the presidency
Commander in Chief
Chief Executive
Chief Diplomat
Legislative Leader
The administrative objective of a merit-based bureaucracy
Neutral Competence
Congress checks power of federal bureaucracy;
Decides if agency may exist
Decides how much money agency spends
Can hold oversight hearings
How are federal judges selected for their positions?
Elected by the president.
Biggest proponent of life tenure for federal judges?
Hamilton
because the judicial branch is already the weakest
Decision vs. opinion of a Supreme Court ruling
The decision indicates which party won the case;
Opinion is most important part
What type of economy does the U.S. currently have?
Mixed Economy