Professional Documents
Culture Documents
AP Government
this day and age. The current economic recession began in 2007 with
The market had gotten out of control with many different policies
allowing people to take out with very low interest rates. This was
caused by an influx of foreign cash into the United States from other
rapidly growing markets. The loans were far to easy for Americans to
get. They signed far too many and got themselves far into debt. This
was one of the main reasons for the current economic situation. Other
people with less credit than was preferred. The loans defaulted, and
the series of foreclosures that began in 2006 took out cash from the
markets. Laws concerning fiscal regulation did not keep up with the
agencies, maybe the influx of foreign money would not have happened
to start the process that led to the current economic situation. They
Tariffs and Trade (GATT), the World Trade Organization (WTO), and all
Party is also very against taxes of any kind. They propose the abolition
believe that tariffs should be one of the main sources of income for the
US government.
In the book of Exodus when God is setting out the law for Moses,
He talks about a census tax. This is actually not a tax. It is given to the
priests. Also, the tax is half a shekel no matter whether the man is rich
or poor. “Each one who is numbered in the census shall give this: …
the census, from twenty years old and upward, shall give the LORD’s
offering. The rich shall not give more, and the poor shall not give less
… You shall give it for the service of the tent of meeting" (Exodus
indeed set a king over you … he shall not … acquire for himself
excessive silver and gold.” This supports the Constitution Party’s belief
that the president should not achieve high economic standings for
himself.
minimal extent. It’s the government’s job to ensure the country in not
government is too detached and the different states are too different
government has a role in getting the country back on its feet, but to
ease the financial pain of some Americans. Other parties believe that
bailout plans and it will eventually trickle down to the common man.
The different plans all have different positive and weak points. The
nation will just have to wait and see what ones work and which fail.
Works Cited
<http://www.constitutionparty.com/party_platform.php#Tariffs%20and
%20Trade>.
2009. <http://en.wikipedia.org/wiki/Financial_crisis_of_2007–2009>.
<http://www.garynorth.com/public/2315.cfm>.
<http://www.thislife.org/Radio_Episode.aspx?episode=355>.