Gridlock, Crisis, and Obama

2018 ◽  
Author(s):  
John L. Campbell
Keyword(s):  
Health Care ◽  
African American ◽  
Financial Crisis ◽  
Great Recession ◽  
Political Polarization ◽  
2008 Financial Crisis ◽  
Executive Orders ◽  
National Health Care ◽  
American President ◽  
The 2008 Financial Crisis

Chapter 7 explains that the financial crisis and Barack Obama’s presidency pushed political polarization into extreme political gridlock in Washington. Americans became disgusted. The 2008 financial crisis exacerbated America’s economic woes and made people angry. The fact that Obama was America’s first African American president made things worse. So did his moves to handle the financial crisis and Great Recession, and reform the national health care system. Trump tapped the public’s anger, turning it to his electoral advantage. He promised that because as a billionaire he wasn’t beholden to anyone, he would unify the country and cut through the gridlock by “draining the swamp” in Washington. And if Congress didn’t cooperate, he said that he would move unilaterally by issuing executive orders that would get the job done. It worked and he was elected president.

scholarly journals DID THE 2008 GLOBAL FINANCIAL CRISIS AFFECT THE BANKING CREDITS? A CASE OF REGIONS OF TURKEY

2020 ◽  
pp. 74-82
Keyword(s):  
Financial Crisis ◽  
Great Recession ◽  
Global Financial Crisis ◽  
Annual Data ◽  
2008 Financial Crisis ◽  
Dummy Variable ◽  
The Us ◽  
The World ◽  
The 2008 Financial Crisis ◽  
One Year

In 2008 the world faced a global crisis which is started from the US; thus it is named as a “US Great Recession. In this paper, we investigate whether the 2008 financial crisis has an effect on Turkish banking credits in regional case. For this aim we use Non-specialized Loans Deposit which is collected from The Banks Association of Turkey as an annual data. The period of the paper is 2004-2014. The selected regions are 11 NUTS1 regions; thus we have panel data with 121 observations. We use two dummy variable; first dummy values are 1 for 2008 and 0 for other years, a second dummy variable is 1 for 2008 and successor years; 0 for other years. The first dummy shows if the crisis affects only one year, the second dummy shows if the crisis affects crisis year and successor years.

scholarly journals ECONOMIC CRISIS AND POLANYI’S DOUBLE MOVEMENT

2016 ◽  
Vol 4 ◽  
pp. 079-087
Author(s):  
Özgür Üşenmez ◽  
Levent Duman
Keyword(s):  
Financial Crisis ◽  
Economic Crisis ◽  
Great Recession ◽  
Structural Features ◽  
2008 Financial Crisis ◽  
Market Economies ◽  
Double Movement ◽  
The 2008 Financial Crisis

As experts discuss the causes and results of the 2008 financial crisis and ensuing Great Recession, economists of various strands, led mainly by Keynesians, are slowly beginning to question the supposed wisdom of unfettered markets. Since Keynesian-liberal disputes revolve around the symptoms of the crisis, rather than the historical and structural features of market economies, we consider a fresh approach about Polanyi’s ideas on market, and his concept of double movement in regards to the effects of neo-liberalism on societies, as a timely intervention to these debates.

American Discontent

2018 ◽  
Author(s):  
John L. Campbell
Keyword(s):  
Public Service ◽  
The United States ◽  
Political Polarization ◽  
Donald Trump ◽  
2008 Financial Crisis ◽  
White House ◽  
American President ◽  
The 2008 Financial Crisis ◽  
The Right ◽  
American Economy

This book is about how Donald Trump, who had no prior public service, became president of the United States. It argues that Trump capitalized on a wave of increasing public discontent that stemmed from the demise of the country’s Golden Age of prosperity. This involved decades-long trends in the American economy, race relations, ideology, and political polarization, all of which fueled rising discontent across America. It reached a tipping point by the time Barack Obama was elected president. When the 2008 financial crisis hit and Obama was elected the first African American president, he tried to resolve the crisis and fix the nation’s ailing health care system. But in doing so he pushed rising discontent over the edge. Political gridlock in Washington resulted. Discontent skyrocketed. Americans were fed up and looked for a savior. Trump was lucky to be in the right place at the right time and rode that wave of discontent all the way to the White House.

Mathematics without Apologies

2017 ◽  
Author(s):  
Michael Harris
Keyword(s):  
Number Theory ◽  
Financial Crisis ◽  
Pop Culture ◽  
First Century ◽  
2008 Financial Crisis ◽  
Dinner Party ◽  
Mathematical Life ◽  
Personal Experiences ◽  
The 2008 Financial Crisis ◽  
Guided Tour

What do pure mathematicians do, and why do they do it? Looking beyond the conventional answers, this book offers an eclectic panorama of the lives and values and hopes and fears of mathematicians in the twenty-first century, assembling material from a startlingly diverse assortment of scholarly, journalistic, and pop culture sources. Drawing on the author's personal experiences as well as the thoughts and opinions of mathematicians from Archimedes and Omar Khayyám to such contemporary giants as Alexander Grothendieck and Robert Langlands, the book reveals the charisma and romance of mathematics as well as its darker side. In this portrait of mathematics as a community united around a set of common intellectual, ethical, and existential challenges, the book touches on a wide variety of questions, such as: Are mathematicians to blame for the 2008 financial crisis? How can we talk about the ideas we were born too soon to understand? And how should you react if you are asked to explain number theory at a dinner party? The book takes readers on an unapologetic guided tour of the mathematical life, from the philosophy and sociology of mathematics to its reflections in film and popular music, with detours through the mathematical and mystical traditions of Russia, India, medieval Islam, the Bronx, and beyond.

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