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Some things change and Some things don’t. How has the government change? What are some similar issues the government deals with?

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Presentation on theme: "Some things change and Some things don’t. How has the government change? What are some similar issues the government deals with?"— Presentation transcript:

1 Some things change and Some things don’t. How has the government change? What are some similar issues the government deals with?

2 Washington’s Cabinet Secretary of State Secretary of Treasury Secretary of War Attorney General Postmaster

3 Obama Cabinet Secretary of State: Hillary Clinton Secretary of treasury Defense Justice Interior Agriculture: Thomas Vilsack Commerce Labor Heath and Human Services Housing and Urban Development Transportation Energy Education Veterans Affairs Homeland Security (Newest department)

4 Who becomes president? President Vice President Speaker of House

5 Who becomes president? Barack Obama Joe Biden John Boehner

6 What issues did George Washington face?

7 Rebellion National Debt

8 What is debt?

9 National Debt Debt is money that you owe –You have borrowed money Car, school payments, house payments –Most people don’t straight up buy these things –Average student has $25,000 school debt –Average Iowan student has $30,000. –At some point in your life you will mostly likely have debt which is ok. http://www.gsb.iastate.edu/en/projects_and_issues/student_debt/

10 National Debt National Debt: money that the government owes National Deficit: The amount by which a government's expense exceed its tax revenues.

11 National Debt What caused George Washington’s debt?

12 National Debt What caused George Washington’s debt? –Revolutionary War –Starting a new government.

13 National Debt How did Washington plan to get out of debt? –Tax on whiskey

14 National Debt January 1, 1791 and the sum was $75,463,476.52 U.S. population: 3,929,214, giving a per capita rate of debt of $19.205 $1 then is worth about $23.81 That is worth about $1,796,785,364 http://www.davemanuel.com/inflation-calculator.php

15 National Debt now The debt as of Jan 1st, 2012 is 15,170,600,000,000. $49,414.59 per person

16 Lets see what that looks like! http://usdebt.kleptocracy.us/

17 National Debt What caused the national debt?

18 National Debt Inherited a lot of debt Paying for government programs –Department of Health and Human Services –Social Security Administration Lots of old people Bail outs –Banks & car companies Paying for war –Department of defense

19 Who is paying for the debt? Why is China buying more U.S. debt? http://www.youtube.com/watch?v=A7MvXUDrZ0Q

20 Current issues: U.S. Debt Too Big for National Debt Clock Does the US have debt? How are we handling our debt issues?

21 What has happened to countries with too much debt? Rome Greece http://www.businessweek.com/ap/financialnews/D9E7U2JG0.htm

22 Work Cited http://www.whitehouse.gov/administration/cab inethttp://www.whitehouse.gov/administration/cab inet http://cnsnews.com/news/article/obama-has- now-increased-debt-more-all-presidents- george-washington-through-george-hwhttp://cnsnews.com/news/article/obama-has- now-increased-debt-more-all-presidents- george-washington-through-george-hw http://lmmartin.hubpages.com/hub/The- United-States-National-Debt-233-years-in- the-makinghttp://lmmartin.hubpages.com/hub/The- United-States-National-Debt-233-years-in- the-making http://www.washingtonpost.com/business/eco nomy/five-truths-and-five-myths-about-the- debt- ceiling/2011/07/20/gIQALDAfcI_gallery.html? hpid=z1#photo=5http://www.washingtonpost.com/business/eco nomy/five-truths-and-five-myths-about-the- debt- ceiling/2011/07/20/gIQALDAfcI_gallery.html? hpid=z1#photo=5 http://usdebt.kleptocracy.us/


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