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8571475
Nixon Domestic Policy
Descrição
A2 level history Nixon Domestic Policy Revision
Sem etiquetas
1970s america
history
5 nixon 1968-1974
a level
Mapa Mental por
alice s
, atualizado more than 1 year ago
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Criado por
alice s
mais de 7 anos atrás
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Resumo de Recurso
Nixon Domestic Policy
'New Frontier' Economic Plan
Appealed to 'Silent Majority' (i.e. White/Working class) -- advocated self-help and attacked Great Society:
Shrunk OEO -- Closed 59 Job Corps centres -- cut fed. funding housing/youth programmes
Proposed negative income tax
80% Americans believed those on benefits could get job if wanted
Renewed Food Stamps = 'Family Assistance Programme' (FAP) -- could get cash for training/job hunting
Criticised as free money (by conservatives) and threat to minimum wage (by unions)
Fails pass Congress 1972
Vetoed Child Development Act 1971 = too $$$
Despite plan, welfare spending rose (sympathetic to poor) e.g. Supplementary Security Income (SSI) for elderly/disabled
1971/1974 proposed health insurance reform
Bureaucracy
Hypocritically more bureaucratic in offices/acts created
1970: EPA // Comprehensive Drug Abuse Prevention and Control Act
1972: Noise Control Act
1973: DEA
1974: Safe Drinking Act
Nixonomics
Unemployment 1968 3.3% - 1970 6.6%
Inflation 1968 4.7% - 1970 12.1%
1st approach
monetary restraint
2nd approach
hold fed. spending under $200B = strikes = 'stagflation'
3rd approach
1971 'New Economic Policy' = wage/price freeze - tax cuts - 10% import tax - end 1944 Bretton-Woods Accords
Led to 1973 OPEC embargo = 387% increase price
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