Arguments Regarding The Us Economy From Conservative And Liberal Mindsets

6811 words - 27 pages

Arguments Regarding the US Economy from Conservative and Liberal Mindsets

The Republicans and Democrats have similar and different views on how to handle the United States of America and its immense economy. Both of the parties are more ideologically alike than different. Both parties support the United States Constitution, private property, free enterprise, and our individual freedom. Both view government's role as a limited one, to varying degrees. They support majority rule and the due process of law. Both generally support the reforms made in the New Deal, such as social security, income tax, and welfare. (Goshen, Chapter 10 Notes)

Republicans tend to be conservative and Democrats tend to be liberal. If you were to summarize the Republican philosophy on the economy, you would see three prevailing points. The party supports minimal government, lower taxes, and less government intervention. Republicans believe that economic success comes from innovation and hard work. The Democratic Party represents the "common people's" aspirations. Through a large government, high taxes, and social programs, they believe they can help bridge the gap between the wealthy and the poor.

Brief History of the United States’ Two Major Political Parties

The two major political parties today can be traced back to the founding of the United States Constitution. At the time the document was drafted, two factions emerged: the Federalists and the Anti-Federalists. The Federalists consisted mostly of bankers and merchants. The Anti-Federalists, also known as the Democratic Republicans or Jeffersonian Republicans, consisted mostly of farmers and planters. When the Democratic Republicans broke up, the majority of its members went to the Democrat Party, starting with the Andrew Jackson presidency. Franklin D. Roosevelt completely changed the way government works and changed both of the parties a great deal, particularly his own, the Democrat Party.

The Federalist Party ended in 1816. In 1834 it was rekindled under the name of the Whig Party. They were a loose coalition of groups united in their opposition to what party members viewed as the executive tyranny of “King Andrew” Jackson. The Whig Party ended slightly after the Civil War. The Republican Party came about in the early 1850’s on the issue of granting western lands to settlers and supporting the abolitionist movement. The Republican Party is the only third party is United States history to ever become a major party. The Republican Party, or GOP, formed in 1854. The party did not win an election until 1861 when Abraham Lincoln took office. (Goshen, Chapter 10 Notes) Ronald Reagan completely changed the way the federal government works when he undid many of the things Franklin D. Roosevelt created when Reagan dissolved power back to the states, in support of the ideals of the Republican party.

The Republican Argument
Freedom is what our ancestors fought for in the...

Find Another Essay On Arguments Regarding the US Economy from Conservative and Liberal Mindsets

The Liberal Election of 1906 and the Dissatisfaction with the Conservative Party

1323 words - 5 pages The Liberal Election of 1906 and the Dissatisfaction with the Conservative Party The 1906 election was a landslide victory for the Liberal Party. It was a dramatic turn-around for the main contender to British Government that had been out of power for twenty years. The Liberals won 377 seats outright, and including the 27 Lib-Lab seats and around 80 Irish Home Rule seats they had made a dramatic defeat. The

The Main Disagreements Between the Conservative, Labour and Liberal Democrat Parties

1163 words - 5 pages The Main Disagreements Between the Conservative, Labour and Liberal Democrat Parties The three main parties in UK politics, Labour, Conservatives and Liberal Democrats, are all based on greatly differing ideologies which can often lead to them having varying viewpoints on key issues. These differences can often lead to conflicts or disagreements between the parties over which policy will be most beneficial to the country

Count the number of times you hear the words "liberal" and "conservative."

1645 words - 7 pages Count the number of times you hear the words "liberal" and "conservative." From the sound of the political advertisements, the perception seems to be that conservative is good and liberal is bad. Some candidates seem to judge the power of their campaign ads by how many times they can use the word conservative. First, what is a conservative? "n. 1 A person who is opposed to change, either by nature or on principle. 2 a member of a conservative

Outsourcing and the US Economy

2505 words - 10 pages to astray, for many years Americans have witnessed the outsourcing of labour-intensive production, such as manufacturing. And the US economy has actully gained from it, in terms of higher productivity. But on the other hand, for many Americans outsourcing posses a real threat. However, in recent years services, which earlier was characterized as non-tradable, are also outsourced. As developed countries, like India and China, are able to offer

The Mindsets of Victims and Creators

907 words - 4 pages How many different types of mindsets are there? According to Dr. Skip Downing there are at least two major mindsets. He refers to them as Victims and Creators. What are the definitions of these types of mindsets? A Victim is someone who feels that they cannot influence their own outcomes in life and let things happen without trying to shape the result. A Creator is someone who consistently make choices that result in the outcome that they want

Can the US learn from the Japanese Economy?

1523 words - 6 pages world's population. (Chalmers Johnson 1). MITI came in and established an attitude that put "appropriations before authorizations" and because of this they not only saved the economy from sour times but built it into one of the most successful economies in the world.Boyle shows us an example where Mazda was in trouble because they had engines that were extremely fuel inefficient. After the oil embargo of 1973, these cars became pretty much

Thomas Jefferson And The US Economy

1048 words - 4 pages interpret the Constitution would shape the nation. (Encarta) Jefferson suggested that only original holders were entitled to full payment. The speculators who bought-up the bonds should only get a percentage of the bond. â??Immense sums were thus filched from the poor and ignorant, and fortunes accumulated by those who had themselves been poorer enough beforeâ? (Sheets). He argued that this way it was a win-win situation. The people got

Libertine or Liberal? the real truth regarding Bill Clinton

2301 words - 9 pages Media AudiencesShane GladstoneBased on your work in part one, suggest a research project that might follow on from the questions established by your chosen text. Using discussion material as a theoretical and methodological base, locate a main hypothesis/research question, and suggest how you might apply it to an actual research project?Original Question: Libertine or Liberal? The real scandal of what people know about Bill Clinton.The media's

Judging the US economy

716 words - 3 pages For a clearer picture of the U.S. economy here are some of the trends that affect us today. These indicators are the financial market, industrial sectors, inflation, unemployment, and consumer market. Some of the more modern indicators are the sales of cars, new housing starts, and sales of durable goods.Prior to September 11, we learned that the recession began in March of 2001. In fact, the percentage of consumers rating today's economic

The leaders and intellectuals during the 16th century had many different views about their arguments and practices regarding religious toleration

859 words - 3 pages Adam DarrAP European HistoryOctober 14, 2013The leaders and intellectuals during the 16th century had many different views about their arguments and practices regarding religious toleration. Some leaders only supported religious toleration for means of political power, other leaders used religious toleration as means to peace and unity, other rulers were reluctant to support religious toleration and remained cautious out of their own religious

President Franklin D. Roosevelt a liberal and President Herbert C. Hoover as a conservative

988 words - 4 pages the depression and to take the economy out of it. The actions they took and the goals they set, labeled them as either liberal or conservative. However the characterizations of these two are valid only to a certain extent because both took actions that showed they were both liberal and conservative. Neither President Hoover nor President Roosevelt can be strictly labeled as a conservative or a liberal because they were a little bit of both.It is

Similar Essays

The Market System From A Conservative And Liberal Viewpoint

1115 words - 4 pages The most critical public values are freedom, equality and democracy. The liberal view makes the better case, for a more nuanced idea of the market system working best as a “mixed system”. The conservative “free market” view is that economic freedom is paramount. The individual is best when judging what is in their best interests. Any transfer of their power over themselves to an entity such as government that is viewed as subjugation

Society’s Liberal And Conservative Views On Religion

1611 words - 7 pages age and generations which preceded it.” The ideas of these two important men and the dispute over conservative versus liberal change are still evident today, in many aspects of our society. From examining the works of Burke and Paine, we can learn about when liberal change is better and when conservative change is better in today’s society. Through the works of Edmund Burke and his conservative viewpoint, we can learn about how the drastic

The Progressive Era Liberal Or Conservative

1804 words - 7 pages promote efficient development and use of all natural resources' and that 'support for reform in municipal government came from business and professional groups'" (Samuel P. Hays in The Progressive Movement: Liberal or Conservative). Robert H. Wiebe referred to the Progressive Era as an "age of organization." What he meant by that, was that in the nineteenth century America was nothing but many autonomous and semiautonomous "island communities" as he

The Liberal, Radical, And Conservative Stages In The French And Russian Revolutions

1020 words - 4 pages The Liberal, Radical, and Conservative Stages in the French and Russian Revolutions First I want to say that both beginnings of the French and Russian Revolutions have two major similarities, Economic crisis and Constitutional Monarch governments. Second I think that all revolutions have three stages. I think the French Revolution did go through the three stages but I don’t think that the Russian Revolution had the same three stages. I