Us Election – American Election 2000 – – Economic Look at Democrats and Republicans – -Cole Loughery- Overview of the American Economy The American economy has been skyrocketing during the past decade. Growth in fields such as output, price stability, consumer demand, labor markets, and productivity have been increasing at an alarming rate. This over flow of growth occurring within the country has brought a sense of safety to the American people and with increased spending based on the “wealth effect” the American economy looks to be evermore prosperous in the years to come. Al Gore- Democrats Al Gore, the leader for the Democrat party, supports many freewill movements and has a firm understanding of the country’s future development. Gore is an avid believer in expanding the United States to encompass a more world wide approach at economics, such as enabling NAFTA to extend southward. Strongly supports cutting taxes and putting money back into the system to encourage future profits enabling for the tax cuts.
More money going into the system gives ore money back tot he government and without taxation making both the government and the people benefit. George Bush- Republicans George Bush, the leader for the Republican party, strongly believes in conservative views and the welfare of the people. Bush’s ideals are more traditional and are shaped towards the white, heterosexual, over 40 year old man, which holds the majority in the United States. Supports cutting taxes and taking the money the government has and increase spending in public affairs to benefit the people. Eliminating the debt and estate tax are important also but with no increase in governmental profit.
Issues Democrats Republicans Taxation- Healthcare- 15 percent cut in tax rates, providing greatest benefit to the rich. Favors 50 percent reduction in capital gains tax. Supports $500 per child tax credit. No mention of Comprehensive health care guarantees. Supports allowing of workers to retain health insurance while shifting jobs, nothing for uninsured. Maintaining existing tax structure, with only minor changes, favoring the rich. Supports $500 per child tax credit, $1 500 tax credit for community college.
Opposes any expansion of federal programs or guaranties of health care. Privatization of Medicare. Mainly good for the rich, elderly, and veterans. Education- Social Security- Debt + Deficit- Environment- Abolishing of the Department of Education. Promotes private schools against public education. Better for richer families.
Encourages school prayer and patriotism. Cuts in spending and more restrictions. Eliminate food stamps and school lunch program. Very difficult for welfare cases. Cutting of $1 trillion from federal programs, Medicare, Medicaid, and Social Security. Bad for poor.
Supports increased control over environmental policies. Supports conservation partnerships. Gains for all. Limits the funding for improvements in public schools. Difficult for poor children.
Encourages the use of metal detectors and uniforms to restore school discipline. Intends in ending poor families economic assistance from federal government. Supports cutoff of all aid after 5 years. Cutting $250 billion in spending over five years. 240 000 federal jobs. Gains mainly for wealthy.
Increase funding for clean water and opposes off-shore drilling on undeveloped leases. Gains for all. Military- Supports national missel defense program. Reducing nuclear stockpiles. Supports national missel defense program. Investment into defense technology.
Seemingly good. Individual Profiles 1- Vice President of Microsoft This person would probably vote for Bush and the Republicans because there economic policies tend to flow more towards the wealthy in the way of providing greatest benefits to the rich. Also there child attends private school which Bush highly recommends. Privatizing healthcare would make the best care possible but only for the wealthy. 2- Elementary School Teacher This person would probably vote for Gore and the Democrats because there economic policies on poverty are less strenuous than that of the Republican giving the people more time to get back on their feet instead of just cutting them off.
Also since she is a school teacher and Bush intends on abolishing the Department of Education she would not vote for him. 3- Retail Worker This person would probably vote for Gore and the Democrats because there economic policies agree with her own more than the Republicans. Healthcare aids this person because it can help retail workers. Tax cuts hurt this person less than those of the Republicans. 4- Welfare Recipient This person would probably vote for Gore and the Democrats because there economic policies on education can aid his children because he would not be able to send them to private school.
Also he probably depends on some sort of social security and Gore gives him some sort of plan to get off of welfare. 5- Iowa Potato Farmer This person would probably vote for Bush and the Republicans because there economic policies because he is middle class and would not be hurt by Bush’s education restrictions because his children have already attended school. He would vote Republican probably because they do not intend on changing too much and he would not be affected by the changes they do make. Conclusion I this new coming election it will be a tough race for both Democrat and Republican parties. Trying to make all citizens happy is impossible but what both parties try and do is appealing to most people.
They do this in some similar ways but mostly oppose one another in areas ranging from homosexuality to education. What will truly determine who wins this presidential election is not what policies they stand for, because they probably will not follow through on most of there promises, but there character. All candidates are are puppets for the party behind them, they adopt there ideals and spout out numerous promises and allegations towards the opposing force. The party decides upon a candidate based on speaking ability, charisma, and mild temper, not on wether or not he has strong personal views and a clear consciousness of the nation’s needs. The one thing I can not understand is , with both political parties leaning towards wealthier families with education, social assistance, and healthcare, why can they still gain so many votes when the majority of people are not in the top tax bracket. Is it because lower class eligible voters have a lower percentage of people voting and that most higher class voters do make it to the voting booth.
Now is the time to think, how many of these promises is the president going to follow through with. Take Gore for instance, he promises to use $432 billion to improve the Medicare program, and yet he plans to cut taxes by $480 billion, while also eliminating the debt by 2012. How on earth can he do this, he is putting money into the healthcare, getting less money back, and also reducing a bill of trillions of dollars. Enough said, but what about his counterpart Bush, he makes the same hollow promises that president have been making for years, but also says no to more things than he says yes to. He opposes abortion, employee non-discrimination act, same-sex marriage, global warning agreement, and countless others.
Who to vote for is as difficult as buying a house. Of course one of the first things you look for when buying a house is the age and style. Bush being the elder of the two may look more promising because he has had a little more experience and has a better foundation of what the people want. But sometimes you do not want the standard old house, with its strong foundation and equally strong role in the community. But old houses also have a lot of pests and even more up keeping to take care of, is that what Americans really want? Gore on the other hand maybe a little more open minded to new things, such as homosexuality and environmental issues. Perhaps you want to opt for the newer sort of progressive house, air tight and very cut and dry.
But all new houses are the same now a days, you can look down any street in a new neighborhood and pick out no more than three different styles. Do the American people want someone just like everyone else. The answer to this is yes, the people do want these things because the parties tell them what to want and most do not know any better. In my opinion it comes down to two things; do you want a old fashioned, very religious, conservative candidate or a strict, yet open minded, hypocrite? I personally would rather have seen someone like John McCain have a shot at presidency, he seemed like more of a revolutionist and lied a little less than most electees. But if I had to vote in the American election I guess it would have to be for Clinton, he screwed up so many times and just shrugged his shoulders, and that speech on “what is the mean of is” really got to me.
What I am trying to say is that no matter who becomes president it wont matter, in the past I can count maybe 5 presidents who have really ever done anything and to think that Al Gore or George Bush could be the 6th is ridiculous. Economics Essays.