Open Access Graduate Research Paper
The 1986 classic teen movie, "Ferris Bueller's Day Off' contains a scene that is all too familiar in today's high school classrooms. The history/economics teacher is addressing a classroom full of seemingly comatose students: In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the ... anyone? anyone? the Great Depression, passed the ... anyone? anyone? the tariff bill? The Hawley-Smoot Tariff Act? Which, anyone? Raised or lowered? ... raised tariffs, in an effort to collect more revenue for the federal government. Did it work? Anyone? Anyone know the effects? It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. "Voodoo" economics! (Hughes, 1986).
Year of Submission
Master of Arts
Department of Curriculum and Instruction
Division of School Library Studies
1 PDF file (30 pages)
©2012 Kathy Bottaro
Bottaro, Kathy, "Early Algona: A digital story" (2012). Graduate Research Papers. 1893.