Conservatives use the term to try to get back to the pure market system advocated by Adam Smith.
Conservatives understand the term within the context of Machiavelli’s The Prince.
Conservatives veer toward John Stuart Mill’s usage, which advocated utilitarianism.
Conservatives take a neo-utilitarian approach, hoping to benefit the weakest members of society.
Keynes suggested infusing the economy with government funds to promote spending.
Keynes advocated for “trickle-down” economic policies.
Keynes argued for stronger stimulus packages to corporations and small businesses.
Keynes proposed to cure depressions by dampening the swings of the business cycle.
lose the 1980 election
slash prices of corn and soybeans
subsidize major oil companies
increase the national deficit
social safety nets
John F. Kennedy
Lyndon B. Johnson
Medicare anticipates rising costs due to changing proportions of people over 65.
Medicaid expects rising costs due to looming financial busts.
Medicare plans to keep spending down by raising the eligibility age to 69.
Medicaid hopes to beat rising costs by adjusting the poverty level.
Many would be left without enough to support them.
Caps to these programs would undermine the welfare state.
It can cost them votes.
Both are primary social safety nets.
Americans believe the government is too small, and Canadians feel that government intrudes on individual privacy.
America and Canada are similar nations located in North America, and both Americans and Canadians feel that government is too large.
Americans and Canadians generally agree that government should be larger, funding welfare programs such as Medicaid and Food Stamps.
Many Americans believe government is too large, and Canadians recognize that government has a pivotal role to play and accept higher taxes.
too big to fail
destined for profit