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PUBLIC POLICY

PUBLIC POLICY. AP Gov’t UNIT IV “Mile-a-Minute Mini Lecture”. Public Sector v. Private Sector:. Chapter 17: Economic Policymaking. I. Government and the Economy pg. 542 A. Introduction Capitalism / Communism / Mixed Economy B. Unemployment and Inflation Consumer price index

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PUBLIC POLICY

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  1. PUBLIC POLICY AP Gov’t UNIT IV “Mile-a-Minute Mini Lecture”

  2. Public Sector v. Private Sector:

  3. Chapter 17: Economic Policymaking I. Government and the Economy pg. 542 • A. Introduction • Capitalism / Communism / Mixed Economy • B. Unemployment and Inflation • Consumer price index • C. Elections and the Economy • Incumbents (esp. prez) held accountable for bad economy • Voters care more about unemployment than inflation • D. Political Parties and the Economy • Reps more worried about inflation • Dems more worried about unemployment

  4. Chapter 17: Economic Policymaking II. Policies for Controlling the Economy pg. 548 • A. Introduction • Laissez-faire / FDR / Reagan • B. Monetary Policy and the Fed • Fed manipulate the supply of $$ & credit available • Raise / lower interest rates • Set reserve rates • Buy / sell gov’t bonds • C. Fiscal Policy: Keynesian versus Supply-Side Economics • Bottom up: spend to get out of recession & worry about deficits later • Top down: tax breaks @ the top will “trickle down”

  5. Chapter 17: Economic Policymaking III. Obstacles to Controlling the Economy pg. 552 • Budgets prepared in advance • Private sector • Uncontrollable expenditures IV. Arenas of Economic Policymaking pg. 556 • A. Business and Public Policy: Subsidies Amid Regulations • B. Consumer Policy: The Rise of the Consumer Lobby • FTC & FDA & CPSC • C. Labor and Government • National Labor Relations Act 1935 • Taft-Hartley Act 1947

  6. Chapter 17: Economic Policymaking • D. New Economy, New Policy Arenas V. Understanding Economic Policymaking pg. 559 • A. Democracy and Economic Policymaking • Voters have used democratic processes to avoid Marxist revolution • B. Economic Policymaking and the Scope of Government

  7. Chapter 18: Social Welfare Policymaking I. What Is Social Welfare & Why Is It So Controversial? pg. 566 • Means-tested v. Entitlement programs II. Income, Poverty, and Public Policy pg. 568 • A. Who’s Getting What? • Income v. wealth • B. Who’s Poor in America? • The poverty line • C. What Part Does Government Play? • Progressive v. proportional (flat) v. regressive taxes • Earned Income Tax Credit

  8. Chapter 18: Social Welfare Policymaking III. The Evolution of American Social Welfare Programs pg. 574 • A. Introduction • B. The New Deal and the Elderly • Social Security Act of 1935 • C. President Johnson and the Great Society • Medicare 1965 • D. President Reagan and the Limits to the Great Society • E. President Clinton & Welfare Reform in the 1990s • TANF • Find work within 2 yrs. • 5 year lifetime max. • States get Block Grant to run their own programs

  9. IRS Tax Rates 2009: Progressive Tax

  10. Chapter 18: Social Welfare Policymaking IV. The Future of Social Welfare Policy pg. 576 • A. Entitlement Programs: Living on Borrowed Time? pg. 578 • B. Means-Tested Programs: Do They Work? • C. Social Welfare Policy Elsewhere pg. 582 V. Understanding Social Welfare Policy pg. 584 • A. Democracy and Social Welfare • Recipients of means-tested programs aren’t politically active • Recipients of entitlement programs are! (AARP) • B. Social Welfare Policy and the Scope of Government

  11. Chapter 19: Policymaking for Healthcare & the Environment I. Health Care Policy pg. 590 • A. The Health of Americans • Life expectancy & infant mortality rate • B. The Cost of Health Care = 1/7 of GDP • Expensive procedures • Malpractice suits • Insurance masks true costs • Costly prescription drugs • Aging population

  12. Health Care Spending in Selected Democracies

  13. Chapter 19: Policymaking for Healthcare & the Environment • C. Access to Health Care • HMO’s • D. The Role of Government in Health Care pays about ½ the health care bill) • Medicare • Medicaid • Health Care for Vets • E. Policymaking for Health Care

  14. Chapter 19: Policymaking for Healthcare & the Environment II. Environmental Policy pg. 600 • A. Economic Growth and the Environment • B. Environmental Policies in America • EPA • Environmental Impact Statements • Clean Air Act 1970 (Emissions Trading) • Water Pollution Control Act 1972 • Endangered Species Act 1973 • C. Energy, the Environment • D. Toxic Wastes & the Superfund • Yucca Mtn.??

  15. Chapter 19: Policymaking for Healthcare & the Environment E. Making Environmental Policy • Concern over Climate Change • The Kyoto Protocol?? III. Understanding Health Care & Environmental Policy pg. 610 • A. Democracy and Health Care and Environmental Policy • B. The Scope of Government and Health Care and Environmental Policy 

  16. Sources of Energy in the US

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