prep for JIG SAW contest;

JIG SAW TOPICS: constitution/branches/powers, foundations of constitution, for policy, civil rights/liberties/the courts

§National debt, gross domestic product,
§sequester—across/automatic the board cuts
§Monetarism: inflation occurs when too much $, too little supply
§fiscal year Oct .1- Sept 30
§Fiscal policy: managing econ by tax and spending laws
§Reaganomics: lower taxes, less govt spending, incr supplies/businesses
–Supply side theory
Sociotropic voting: vote by state of the economy
Federal reserve board:
§Social Welfare- Entitlements: social sec., welfare, medicare, VA benefits, food stamps,
§Income tax: earned income tax credit
§Factors shaping social welfare policy: 1-4 services not $, policy of federalism (state and fed $), p. 520 public views and reform,
§Majoritarian politics
§505-508 – taxes