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Some things change and Some things don’t. How has the government change? What are some similar issues the government deals with?. Washington’s Cabinet. Secretary of State Secretary of Treasury Secretary of War Attorney General Postmaster. Obama Cabinet.
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Some things changeand Some things don’t. How has the government change? What are some similar issues the government deals with?
Washington’s Cabinet • Secretary of State • Secretary of Treasury • Secretary of War • Attorney General • Postmaster
Obama Cabinet • Secretary of State: Hillary Clinton • Secretary of treasury • Defense • Justice • Interior • Agriculture: Thomas Vilsack • Commerce • Labor • Heath and Human Services • Housing and Urban Development • Transportation • Energy • Education • Veterans Affairs • Homeland Security • (Newest department)
Who becomes president? • President • Vice President • Speaker of House
Who becomes president? • Barack Obama • Joe Biden • John Boehner
What issues did George Washington face? • Rebellion • National Debt
National Debt • What is debt?
National Debt • Debt is money that you owe • You have borrowed money • Car, school payments, house payments • Most people don’t straight up buy these things • Average student has $25,000 school debt • Average Iowan student has $30,000. • At some point in your life you will mostly likely have debt which is ok. http://www.gsb.iastate.edu/en/projects_and_issues/student_debt/
National Debt • National Debt: money that the government owes • National Deficit: The amount by which a government's expense exceed its tax revenues.
National Debt • What caused George Washington’s debt?
National Debt • What caused George Washington’s debt? • Revolutionary War • Starting a new government.
National Debt • How did Washington plan to get out of debt? • Tax on whiskey
National Debt • January 1, 1791 and the sum was $75,463,476.52 • U.S. population: 3,929,214, giving a per capita rate of debt of $19.205 • $1 then is worth about $23.81 • That is worth about $1,796,785,364 http://www.davemanuel.com/inflation-calculator.php
National Debt now • The debt as of Jan 1st, 2012 is 15,170,600,000,000. • $49,414.59 per person
Lets see what that looks like! • http://usdebt.kleptocracy.us/
National Debt • What caused the national debt?
National Debt • Inherited a lot of debt • Paying for government programs • Department of Health and Human Services • Social Security Administration • Lots of old people • Bail outs • Banks & car companies • Paying for war • Department of defense
Who is paying for the debt? http://www.youtube.com/watch?v=A7MvXUDrZ0Q Why is China buying more U.S. debt?
Current issues: Does the US have debt? U.S. Debt Too Big for National Debt Clock How are we handling our debt issues?
What has happened to countries with too much debt? • Rome • Greece http://www.businessweek.com/ap/financialnews/D9E7U2JG0.htm
Work Cited • http://www.whitehouse.gov/administration/cabinet • http://cnsnews.com/news/article/obama-has-now-increased-debt-more-all-presidents-george-washington-through-george-hw • http://lmmartin.hubpages.com/hub/The-United-States-National-Debt-233-years-in-the-making • http://www.washingtonpost.com/business/economy/five-truths-and-five-myths-about-the-debt-ceiling/2011/07/20/gIQALDAfcI_gallery.html?hpid=z1#photo=5 • http://usdebt.kleptocracy.us/