Describe recent trends related to income and wealth inequality in the US political economy

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Describe recent trends related to income and wealth inequality in the US political economy
Describe key causes and effects of the Great Recession (2007-2009).
Identify key US social policies, past and present.
Describe the actions of past presidential administrations to influence the role of states in providing social policy.

Prompt
Based exclusively on course material, identify and describe three examples of moments when political life in the US (like elections or government policy) influenced material inequality in the US (like income inequality, wealth inequality, poverty, etc.). Explain the cause and effect relationship in each example you choose. Examples must be drawn from 1929-present.

Some Possible Examples Your Essay Could Cover:
Loosened government regulations, the Great Recession, and increasing material inequality
Monetary and Fiscal Policy during the Great Recession
Monetary and Fiscal Policy during the Covid-19 Recession
The difficult political circumstances of trying to address high cost-of-living problems using business regulations
Changes to tax rates and rise inequality since the 1980s
The Great Depression, federalism, grants-in-aid, and FDR’s New Deal
The economic boom of the 1960s, federalism, and LBJ’s new social policies
Reagan’s impact on social policy during the 1980s, federalism, and the impact on the lower middle class






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