21 Best of All Time Politically Themed TV Series

Watching Netflix

 

TV displays happen to be carrying on politics for years. Long before “The Crown” and “House of Cards” hit on the little screen, audiences got inside appears at presidential targets, White House senior staffers, along with the area of counterterrorism with displays such as “Yes, Minister” and “Tanner’88.” Have a look back at the very crucial political TV shows of all time that you enjoyed watching on your rent to own TV’s screen.

Yes, Minister (1980-82)

We begin our listing on the opposing side of this pond. This Traditional British series starred Paul Eddington because the ministry of this (literary ) Department of Administrative Affairs, together with Nigel Harthorne along with Derek Fowlds because both the two secretaries. The series inspired countless spinoffs and has been a favorite of Iron Lady Margaret Thatcher.

Tanner’88 (1988)

This ancient political mockumentary miniseries out of Garry Trudeau (“Doonesbury”) supplied a behind-the-scenes look in the literary campaign of former Michigan agent Jack Tanner because he sought to procure that the Democratic Party’s nomination for president. The show starred Michael Murphy in the title role, together with Cynthia Nixon because his daughter, Pamela Reed as his campaign director and Wendy Crewson because his own girlfriend. The series nabbed cameos from many real-life political characters of the age, such as Kitty Dukakis, Bob Dole, and Bruce Babbitt.

Murphy Brown (1988-98, 2018)

“Murphy Brown” starred Candice Bergen as a Renowned investigative journalist for a literary CBS newsmagazine. The series satirized present events, mixed fiction with fact, as well as got a denunciation from 1992 presidential candidate Dan Quayle, that criticized Bergen’s character with a child out of wedlock. The announcement become a significant effort controversy and obtained a televised response in the show’s personalities, although commentators have stated this storyline stage paved the way for prospective unmarried moms in”Ally McBeal,” “Desperate Housewives,” and “The fantastic Wife.” It is here that we must mention that the sitcom’s 2018 resurrection. The series dropped down to politics at the Trump age, however, it did not resonate with audiences including back in the afternoon. That is all we would like to say regarding the forgettable comeback.

Spin City (1996-02)

Michael J. Fox appeared as the deputy mayor of New York in this sitcom. The series also featured prospective “Friday Night Lights” and “Nashville” celebrity, Connie Britton, as a City Hall employee in her oldest large television function. After seasons watched Charlie Sheen as deputy mayor later Fox left the series for medical factors.

The West Wing (1999-2006)

This one set the bar for most political TV shows which arrived then. Aaron Sorkin’s famously idealistic series concerning the inner workings of the White House introduced Americans to “the man the man counts” as the series formerly said. Composed in Sorkin’s signature rapid-fire dialogue, the series starred Martin Sheen as President Josiah “Jed” Bartlet, together with Allison Janney, Rob Lowe, Richard Schiff, Dule Hill, Bradley Whitford, Janel Moloney, and the late John Spencer as senior White House staffers. Regarded among the most significant and most powerful television shows of all time, “The West Wing” got two Peabody Awards, three Golden Globe awards, and 26 Primetime Emmy Awards.

24 (2001-10)

Kiefer Sutherland surfaced as counter-terrorist agent Jack Bauer inside this series from Joel Surnow and Robert Cochran — that, in its summit, was recovered by everybody from Bill Clinton to Antonin Scalia. The series attracted heat from human rights advocates because of its portrayals of torture and Muslims, however TV critics heaped praise on its own behaving and one of a kind manner of narration (every 24-episode year covered 24 hours at Bauer’s lifetime ). The first “24” spawned several Fox spinoffs. From the end of its conduct in 2014, the “24” franchise exceeded “Mission: Impossible” and “The Avengers” to develop into the longest-running counterterrorism-themed TV series of all time.

The Cable (2002-08)

Widely considered as one of the best TV shows of all time, “The Cable” given a glimpse into different Baltimore associations and their connection with law enforcement. During its five phases, the series appeared in the illegal drug transaction, the seaport program, both the town authorities and bureaucracy, schools and education, as well as also the print news media. While the show received bad Nielsen ratings, it had been popularly known because of the realistic portrayal of politics, society, and urban lifestyle. President Barack Obama said, “The Wire” is his most favorite TV show, and “The Walking Dead” founder Robert Kirkman is also a significant lover — so much so he has hunted numerous”Cable” alums because of his show, such as Seth Gilliam, Chad Coleman, and Lawrence Gilliard Jr.

Parks and Recreation (2009-15)

This governmental mockumentary in Greg Daniels and Michael Schur attracted viewers to the little city of Pawnee, Indiana, in which Amy Poehler surfaced as the eternally positive Leslie Knopes, deputy manager of the Pawnee Parks and Recreation Department. Chris Pratt — currently among Hollywood’s most important celebrities — got his first start from the series, as did Aziz Ansari, that proceeded to make and star in the acclaimed Netflix series “Master of None.”

The Good Wife (2009-16)/The Good Fight (2017-present)

Julianne Margulies starred in this famous political and legal play, that critics have called “TV’s final great play” The series followed a stay-at-home mother who returned into the workforce as a litigator following her husband had been captured in a corruption and sex scandal. The series got five Emmy awards, even many foreign remakes, and acclaim for its portrayal of the connection between law and technology, causing some critics to call it”the tech-savvy series on TV.” “The fantastic Wife” birthed “The Good Fight,” which stars Christine Baranski and now is present on CBS All Access.

 

ALSO READ: Political Risks and Its Impact on the Economy

 

Borgen (2010-13)

This brand new political play became a global hit because of its depiction of their very first female Prime Minister of Denmark, performed with Sidse Babett Knudsen. Directed by the New York Times because of “bleaker, Nordic variant of the West Wing,'” the series was famous because of its creativity, powerful female figures, along with the depiction of politics.

Homeland (2011-present)

This spy thriller series from Showtime stars Claire Danes as a bipolar CIA representative. The initial two seasons earned worldwide praise, together with some 2011 Golden Globe and a 2012 Emmy for Best Actor, also President Barack Obama is an established fan of this series. Much like “24” earlier, “Homeland” has confronted a fair amount of controversy within its depictions of torture and U.S.-Middle East connections (Lebanon had been reported to have threatened to sue the series in 2011).

Scandal (2011-18)

For 124 events and seven seasons, that series from Shondaland attracted viewers to the area of emergency administration in Washington D.C. The series surfaced Kerry Washington as Olivia Pope — that became the very first African lead to a community play in almost four years when she had been cast from the series. The series is known for ushering in a new age of interactive TV, as a result of its cast’s custom of live-tweeting the series because it aired.

Veep (2012-19)

HBO’s excellent political satire — constituting the internal workings of the job of the president and after the president has seized six Emmy awards for top female Julia Louis-Dreyfus. “Veep” wrapped up before this season, and we are still only hoping to be OK with this.

House of Cards (2013-18)

Half a decade earlier Netflix dethroned HBO since the very nominated platform to its 2018 Emmys, the streaming service entered the scene and also became a household name as this hugely popular series surfaced. The series has made 33 Emmy nominations because of its portrayal of both Congressman Frank Underwood (Kevin Spacey) and his wife Claire Underwood (Robin Wright). Back in 2018, “House of Cards” confronted a possible death blow-off when Spacey has been accused of sexual misconduct. He had been fired by the series, and Wright took on the top place on the call sheet — and the nation — to get one last run.

The Americans (2013-18)

This critically acclaimed FX series starred Keri Russell and Matthew Rhys as KGB spies posing as a married couple in 1980s America. The series recently ended up after six months — and also in the duration of its conduct, Russell and Rhys turned into a real-life bunch and also tied the knot off-screen. Even though the series was mostly ignored by the Television Academy for the majority of its conduct, “The Americans” won Emmys for writing and Rhys within its final gasp.

Madam Secretary (2014-2019)

This political play from CBS celebrities Téa Leoni as a former CIA operative and political science scientist turned Secretary of State. It’s got critical acclaim — and also a few pointed questions regarding whether Leoni’s Elizabeth McCord is a stand-in to get Hillary Clinton.

The Crown (2016-present)

Could it be in the British royal household? Yes, of course. However, Peter Morgan’s Netflix show is really a dramatized retelling of historic minutes in Queen Elizabeth II’s years-long reign that influenced the whole world. That, and each the succulent occasions, betrayals, and scandals provide “The Crown” what it must go toe-to-toe using U.S. political TV collection.

The Handmaid’s Tale (2017-present)

According to Margaret Atwood’s bestselling book, this dystopian play received instant acclaim when it aired this past year, also became the very first show by a streaming agency to nab an Emmy for Outstanding Drama. The show portrays a futuristic America in which a totalitarian society issues rich women, known as “Handmaids,” into child-bearing servitude. Some critics have drawn parallels between the series and Donald Trump’s America.

The Politician (2019-present)

Ryan Murphy’s initial Netflix series celebrities Ben Platt as a young guy whose lifelong dream would be to become POTUS. Although the first two installations revolve around a few low-stakes attempts — Season 1 a race to turn into student-body president Season two a struggle to get a seat on the New York state senate — that the most “American Horror Story” mastermind employs the satire to produce severe comment about American politicians and their skewed priorities.

The Comey Principle (2020)

According to former FBI director James Comey’s memoir, “A Greater Loyalty,” Showtime’s two-part miniseries recognized the disorderly 2016 election — providing Hillary Clinton fans PTSD from the procedure — and the more mad beginning to the Trump presidency. Jeff Daniels surfaced as Comey, who had been fired by Trump weeks in his presidency, while Irish actor Brendan Gleeson donned the orange wig and makeup to depict that the 45th president. It’s noteworthy mainly because it depicts a sitting president really badly (and perhaps illegally) less than two months prior to his reelection bid.

 

How Does Immigration Impact the Economy?

North America has more immigrants than any other countries around the globe. Immigrants is defined as anyone living in a country other than where they were born. Nearly 60 million immigrants live in the United States alone. Some of which came from places like Mexico over into the United States. It’s at the forefront of national debates and is driving political discourse. But what do we know about immigration’s effect on the actual economy?
The United States is often referred to as a “Nation of Immigrants.” With around 60 million immigrants, that’s about equal to the entire populations of Australia, Ecuador and Switzerland combined. Saudi Arabia, Germany and Russia follow the US; with about 12 million immigrants each. The US-Mexico border has become a focal point in the migration debate. Immigrants continue to make up a larger portion of US Society. This has increased since the 1970’s when foreign born residents made up less than 5% of the population.


What have economists known about the impact of migration? One report found that an extra one percent increase in a country’s migrant population adds on an extra 2% GDP per capita in the long term. This boost happens in two ways:
• It impacts productivity per worker because migrant skills often complement the existing population’s.
• It increases the percentage of working-age people in a country because migrants tend to fall within this age bracket. That helps pay for things like Social Security.
The IMF recently advised advanced economies like Japan, The U.S and U.K to open up their borders to avoid being overwhelmed by their aging populations.

The Relationship Between Politics and the Economy

Politics and Economics are always connected. It’s wrong for economists to treat the political as something outside the realm of economics. Many ask the question; how does the political volatility affect the global economy?

Economics and demographics drive politics, not the other way around. Political outcomes like elections, can have an effect on the economy in the short run. The political outcome that we receive worldwide are being driven by what’s happening economically and demographically. We are living in a world where growth appears to be stalled out. This is giving people the sense that maybe globalization can’t deliver. But not all believe this is true. They believe that we are living in a transition where different economies in the world transitions. We are also living in a world where the presence of the “Super dollar” has disrupted global trading patterns. This big increase in the US Dollar has been highly disruptive to global trading patterns. Another demographic factor that is driving politics worldwide is the emergence of millennial as a force in the economy at exactly the same time when the economic power of  baby boomers is beginning to subside. This explains that we are living in this world where we have a lot of population that is very young who are being balanced a population that tends to be over 55 who are living in the most conservative years of their lives. Where their concerns are different than those millennials who are living liberally. So we are living in a world where are demographics are giving us this sense that we are extremely divided and demographically, we are.

The Government and The Economy

Socialism, Capitalism, Communism, Marxism, Feminism and all the ism you can think of can be regarding philosophy, politics, ways to organize the government, economy etc. It just shows that people to not usually agree on the best ways to do things. In the past 10 years or more people had been organizing themselves. Nowadays we do not only look over our families, we no longer live in towns with a hundred people or less, most people live in countries with millions of people. For some reason not all of this countries have agreed on the best “ism” or the best ways to organize themselves nor the best philosophy to follow. Two of the most influential system at the moment are communism and  capitalism. Communism controls mostly all of a countries economy and affairs. A good example of a Communist country is the People’s Republic of China. Between 1911-1949, China had two major revolutions. And this time, china was also invaded by Japan. Until 1949, more capitalist regime fled to Taiwan leaving just the communist party in mainland China. Moa Tse Tong, who was the head of the communist party changed the Chinese law getting rid of a lot of the Chinese cultural heritage. He also radically change the economy, educational system and social system. The communist system caused a lot of human rights violation during this period. But on 1976, when Moa Tse Tong died and stop being chairman of the communist party, the new leaders made some reforms to some of the more radical programs. China is not now purely communist unlike before. This country has open itself to international trade and even allows different private companies to set up their businesses in China. We can say that Communism has helped China experience the biggest economic growth  than any other country.

Another interesting fact is about Socialism. We can set Portugal as a good example on this. It has mentioned Socialism in its constitution but note that Portugal is not that extreme compared to other Socialist countries. It’s still a multi party democracy and still practices free market trade. Since Portugal moved towards Socialism, the Government has taken over more businesses because of the process called Nationalization. They have increased benefits and Government services. This has been effective in Poland and the people have seen an excellent economic improvement. But of course, this does not mean that they are free from critics. Although it has improve in some certain areas, Socialism in Poland has taken a toll on individual freedom. I the Government control gets more involved in activities, people have to comply and it limits them to make their own choices.

What is the role of the Government in Economics?

The Government has a limited but important role in the market economy. It has four major roles in the economy:

  1. Providing the Legal Structure. The Government sets up the system and procedures that the public should follow.
  • Government is in charge to provide the legal status of a business.
  • The registry of the articles of a corporation is also legalized by the government.
  • Protecting property rights.
  • Legalization of contracts
  • The Government provides a medium of exchange
  • The Government guarantees product quality.

  1. Maintaining Competition. Competition is essential to innovation and choice. The Government steps in to correct monopolism.
  2. Redistributing Income.
  • Transfer Payments
  • Market Intervention
  • Taxation
  1. Reallocating Resources.

Political Risks and Its Impact on the Economy

We should be concern and aware of the different political risks. On how it impacts different economics sectors such as growth, trade, the value of currency, investment, incomes and many more.
Here is why common people should be knowledgeable about these risks. Political risks can lead to the following:

1. Lower Investment. It may result to slower economic growth that may lead to higher unemployment. An example of this is when a new election has taken place and the elected president would impose higher taxes on certain goods and services.
2. These risks may lead to weak exchange rate and equity market. Political unrest or strikes usually affects how the currency plays in the market.
3. Political risk in other nation or country can negatively impact your economy.
4. Political risks can lead to the fall of the stock market and increase interest rates.

A New Political Season

The Year 2021 in America sees another political season setting in. The new governance under the rule of Joe Biden and Kamala Harris is bringing more hope for the nation. Their strategy, governance and political exercise can impact the economy. In turn, the economic cycle will strongly depend on them. The American people are hoping for a better year despite the impact of the pandemic. With the new administration they are faced with many issues and problems. The new administration is steadily coming up with strategic plans to meet these problems and generate a solution. They want to prove to its citizen that America will again be a great nation regardless of different economic conditions. During the political noise of the election season, Americans will have to work hand in hand with the new Government. They should continue to work and build back the economy.

Here’s what the U.S. economy may look like under a Joe Biden presidency

Economies Are Hoping For A Comeback

Not too long ago the buoyant economic growth made it a place to go for good returns on investments. But since this pandemic started, and especially when the lock-downs in many countries have taken effect, many countries have fallen far behind in terms of return on equity. This is a figure that represents the net income of a company as a percentage of the value of shares issued in it. The different government and their politics are doing their best to cope up with this ordeal. Many nations are hoping that this will soon overturn. They are praying that this pandemic will be over. With the introduction of the new vaccine for COVID 19, they are hoping that the economy will recover. Many successful businesses and company’s has gone through these stages to survive the pandemic:

  • Restructuring the company
  • Downsizing
  • Debt-reduction
  • Selling non-core businesses and
  • Improving transparency

There is a long way to go for economies to fully recover. We are just hoping that it will be soon.

Politics Has a Huge Role on The Economy of a Country

Politics has a huge role on the economy of a country. During elections a candidate has his platforms to make the economy flourish. If this candidate is elected and put into power, he should implement all his promises when he was campaigning. If these promises cannot be fulfilled this may have a great impact on the nation’s economy and standing. Leaders of a country should make sure to run the nation towards greatness. It is vital that citizens should put into power a leader who is deserving and great. We all know that politics decide the fate of every economy. If the public is educated and wise the leader they will elect will be very effective thus the nation will surely follow a path to progress. If the public votes with analyzing and thinking, there is no doubt that the politician who has no political will will be its leader and will surely harm the economy. During elections politicians struggle for power. This power can make the elected leader takes over how the nation grows. Hence we can say that politics indeed will shape the economy of a country.

The Impact of Corona Virus to The Economy

Coronavirus is real! The virus has taken a toll on many economies around the world. Without a vaccine, cases continuously spike in number. Many nations have experienced another wave of infections when they tried opening their economy.

Governments around the world implement strict measures to halt the spread risking the economy. Measures such as social distancing, lockdowns, and quarantines have been very common in many countries around the world. These measures had a great impact on many economies. It had slowed down many businesses. Because of this, we have begun experiencing a global recession. Up to this date when the first breakout of Corona Virus many economies and governments are struggling to survive and fight this worldwide problem. Still many are uncertain about this global crisis. However, despite these economies and Governments around the world are working hard to come back in order to return to normal.

For many nations, the impacts of the Corona Virus on the economy are still real. Finding solutions on how to recover is still uncertain and blurred. It has caught many policymakers, politicians, and business owners off guard.

 

 

Thailand Continues to Rely on Tourism for Economic Recovery

Even if Thailand was able to effectively prevent the virus from, the country is still at risk of experiencing a record-high economic decline due to travel and tourism disruptions. While a proposal for legalization of online gambling was put forward as a fresh source of revenue, the country’s economic recovery program remains focused on travel and tourism.

Since October 08, 2020, Thailand re-opened its doors to international tourism to which new Special Tourist visas are being issued. The visas are special because they will enable visitors to stay up to nine months. Acceptance of online applications begun last October 01 and will be ongoing up to September 2021.

Initially, approved Special Tourist visas will be valid for 90 days, but are renewable and can be approved for extension twice — up to a maximum of nine months. However, international tourists have to observe quarantine measures by staying for 14 days in a state-accredited facility quarantine protocols before they can go sightseeing.

Who are Eligible to Apply for Thailand’s Special Tourist Visa?

Only foreign nationals of countries deemed as low risk territories are eligible to apply for the Special Tourist visa.

In addition, those with approved visas must be able to present a negative result from a coronavirus test taken within 72 hours before arrival in Thailand, as well as provide proof that they have booked accommodation. Moreover, visitors planning to enter the country can only do so by taking chartered air flights or private jets.

The Special Visa is different from the proposed ‘Safe and Sealed’ travel scheme that is still being considered. This proposal puts forward recommendations of allowing foreign visitors to fly directly to Phuket and take their 14-day quarantine period at a designated beach resort. The scheme though would still require the visitor to take a test before setting off for Thailand, and if negative would take another test after the 14-day quarantine before traveling around the island. Should the visitor/s desire to leave Phuket and continue their vacation in the mainlands, they would have to take another test.

Thai MPs Recommendation to Legalize Online Gambling Met with Orders for Crackdown

In the latter part of August, 2020, MP Mongkolkit Suksintharanon, leader of the Thai Civilised Party floated the idea of looking into the legalization of gambling as an alternative source of government revenue. The Thai politician rationalized that while there are many online gambling websites catering to Thais as online recreation, the government does not get to collect any revenue in the form of taxes, which the MP estimates could amount to as much as 5 to 6 million bahts annually.

MP Mongkolkit asserts that will take some time before it can fully bring the much needed revenue due to the worsening COVID-19 crisis. Whereas the online gambling operations poses as an untapped source of potential revenue that can speed up the country’s economic recovery.

However in September, as an apparent response to such proposal, Prime Minister Prayuth Chan-ocha ordered the Minister of Digital Economy and Society Minister to launch a crackdown on online gambling. As a result, Internet Service Providers (ISPs) are now under orders to block the foreign gambling websites from accessing Thai’s local networks.

Most Thai gamblers are not as worried though because their favorite online casinos, like 918kiss, can be accessed by way of mobile application that works outside of a public network.

Why your Vote Matters

Voting is a right, a privilege, and a duty and therefore must be seen and treated as such. Often times, people brush away the opportunity to voting and suffrage- the opportunity to change. Can we make a difference? Yes. How? Register now.

By just a few simple clicks, you can register and be part of the change- A change for the future and a change for the better. All your voting FAQs and guidelines can be found in an ala one-stop-shop site for your convenience and all you have do is take the time and minimal effort to sign up and register, just 5 minutes of your time today can be the path to a thriving and flourishing nation tomorrow.

Be the change you want to see in the world; vote now.
https://www.usa.gov/register-to-vote

Political and Economic Effects of COVID 19

COVID 19 has affected almost 19,300,000 people all around the world which claimed almost 717,000 lives.

Hundreds of thousands of unrecorded cases will add up to the figures. Governments and medical experts around the world cope to straighten the curve. It is a sad reality that COVID-19 will be a threat to public health.
 

2020 Political Economy Aspects of the COVID-19 Pandemic

The virus caused a major political and economic impact. Different nations around the world have experienced this. We felt the impact of COVID 19 on the economy by the lockdowns that each nation imposed on its borders. This affected work and travel. Many big factories failed to supply its Global market.
 
The virus has also caused an impact on politics. Citizens accused powerful leaders around the world for poor leadership skills. Leaders like Donald Trump had experienced this. Citizens accused them of being unable to handle the crisis. Because of the increase in cases they blame their leaders for this. Americans are fearful of economic slowdown or recession in this great nation. One’s this happens Donald Trump has lessened his chances for reelection.

Economics For People

On the subject of Economics for the People

“It is very vital for our democracy to work that average individuals be aware of primary concerns and fundamental ideas of economics.” – Ha-Joon Chang

The economy for the longest time has been the territory of the ivory structure, in which unique dialect and opaque theorems cause it to unavailable to many people. That is an issue.

Ha-Joon Chang, bestselling author of “Economics For People” points out the essential principles in economics, strengthening anyone to have the government, the society, and economic climate responsible.

The World Must Go On Even Without Trump

The US President has been blocking an important body of the World Trade Organization for months. The European Union is now presenting a new association. That should impress Washington for one reason in particular.

Under President Donald Trump, the United States has strongly been away from the world. He showed this most recently in the current corona crisis, in which Trump speaks disparagingly of the crisis reaction of Europeans despite the desperate situation in his own country and even calls the coronavirus the China virus. While Brussels was only astonished at the beginning of Trump’s tenure in view of the new tones from Washington, the stiffness in the shock has now given way to a grim determination.

Europe has no choice but to work on a new world order in the age of Trump – and the latest result is now presented by EU Trade Commissioner Phil Hogan. His employees have been working for months to keep the global trade order alive despite Trump’s attacks: not only that the US imposes punitive tariffs on key trading partners and thus destroys wealth worldwide.

The US government is also working to ensure that trading partners within the WTO can no longer defend themselves against punitive tariffs . To do this, they block the dispute settlement within the Geneva organization that has been working successfully for almost a quarter of a century.

The U.S. Economic Boom Under Trump’s Administration

So is Trump right? There is a lot to be said about that. First of all, the president inherited this boom from his predecessor Obama. Then there is, and that also applies to the previous president, a substantial growth difference with the previous duration records of the American economy. The long boom in the 1960s had an average annual economic growth of 4.9 percent. The heyday of the 1990s produced an average of 3.6 percent economic growth annually. But the current period of continuous growth is tame, with an average growth of only 2.2 percent. It has been going well for a long time, but also very slowly. Last year, economic growth amounted to 2.3 percent. Trump’s new budget assumes 3 percent growth, but even his finance minister Mnuchin said last week that this is not being achieved for a long time.

Examining the Strength of the Trump Economy

In addition, the interest rate policy of the central bank is extremely flexible and experienced a remarkable tournure at the start of last year. The president of the Federal Reserve, Jerome Powell, bent an intention in less than two months to raise interest rates to lower them in an intention. That was a corn on the stock market mill, where stock prices had one of the best years since the Lehman crisis in 2019.

And then there is the budget policy itself. According to the new budget, the US budget deficit will amount to 4.6 percent of the gross domestic product. According to the International Monetary Fund, which uses a different definition, it even amounts to 5.5 percent. Such a high deficit is unusual after such a favorable and long economic boom. In its most recent publication, the Congressional Budget Office, the formally impartial mathematician of Congress, reports that the US budget is now on course for an endless series of rising deficits. At least until 2030, when the deficit will be 5.4 percent. The national debt will have risen by that time from 81 percent of GDP to 98 percent. And that is the American definition. According to international budget standards, the US national debt is already 108 percent of GDP. Except just after the Second World War, there was not such a series of budget deficits as those under Trump.

There are two stories in the U.S. economic growth. One in which the US is going through a renaissance, under the unorthodox policy of President Trump. With increasing employment, rising wages and strong stock prices. The Great American Comeback, as Trump called it in his State of the Union. But there is also another story in which the lifespan of the American economy is extended with equine resources. Just like in a horror movie, to dissolve rapidly in the event of death. It is unlikely that these two lectures will meet each other. Just like that, in current American political relationships, it seems to be the case with every other subject. Certainly in the election year 2020.

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The First Phase Agreement Between US and China

The phase one trade deal between the United States and China has not really guaranteed an end to the dispute between the two nations. This had been the words of Myron Brilliant, the American Chamber of Commerce vice-chairman.

As outlined by Brilliant, the trade agreement is anticipated to be agreed upon sealed by signatures. This clearly shows that pressure involving the two camps is easing. Brilliant added that there is more to the agreement that it had been previously envisioned.

As we all know, he has attended briefings on the content of the contract but has not yet seen the text. “In order to build trust and certainty, the implementation of ‘Phase 1’ is very important,” Brilliant said.

He said, but even though the preliminary contract “eases the bleeding,” it did not end the dispute. China carries on to support its own industries, while the United States still imposes import tariffs on Chinese goods worth billions of dollars. Therefore, it is expected that the contract extension will be more difficult.

Several critics have also questioned the implementation of existing contracts. Included in the agreement, China should significantly expand its acquisitions of American agriculture products.

Politics Versus Economics

Politics is the politician who puts together the opinions of the group and makes a rule. The person who does that is called a politician. The economy is a series of activities from making things to be bought and sold to people who need them, to buying and using them.

For example, make vegetables, deliver them to the market, buy vegetables from the market and eat them, or create an amusement park and have customers visit the park and enjoy riding a roller coaster.

Economics and Politics: Basic Definitions

The Role of Politics in Economy

It is the role of politics to make rules for the production of goods, the production of goods, the distribution of goods to people, and the consumption of goods used.

For example, if there are chemicals that should not be used during production, it is the job of a politician to gather the opinions of experts and compile them into rules (laws).

It is the job of politicians to create laws that will not abuse new technologies and other harmful things.

The role of politics, as well as how to deal with various foreign affairs, also responds by incorporating the opinions of various people, and this is called diplomacy.

So, if the politicians are blurred without any decision, the economy, technology, and foreign situation are changing every moment, and the current law becomes useless over time. In a straightforward example, PCs and mobile phones did not exist 50 years ago, but now everyone has it, and there are many crimes using it.

China Still Has Strong Economic Security

Primary financial institutions in China said the Chinese economy still has strong resilience despite mounting pressure. Among the increasing pressure is related to debt swelling and the ongoing trade war with the United States (US).

The PBOC (Peoples Bank of China) added that many Chinese households saved more, the business community was vibrant and there were large financial institutions that functioned well and many policy tools. The PBOC statement was revealed in a report on financial stability.

China: Economy ‘still operating within a reasonable range

“The PBOC will increase the flexibility and coordination of financial supply in serving the real economy while preventing financial risks,” the PBOC said, as quoted by Xinhua, Saturday, November 30, 2019.

On the other hand, the Chinese central bank placed so much stress on the significance of the financial market in preserving China’s real economic climate. At the PBOC meeting chaired by PBOC Governor Yi Gang, conference participants agreed that the financial sector had offered stable support to the real economy in 2019.

However, according to a statement released after the meeting, achieving stable macroeconomic and financial operations still faces a number of challenges, the downward pressure on the economy continues to increase, and social credit still faces pressures of partial contraction.

Yi said ongoing efforts must be made to strengthen counter-cycle adjustments and increase credit support for the real economy. He underlined that the increase in money supply and combined financing must be in line with nominal GDP growth.

“As for M2, the extensive gauge of the money supply which involves cash in circulation as well as all deposits, increased to as much as 8.4% YoY to 194.56 trillion yuan (around USD27.7 trillion at the end of October, PBOC data show.

M2 growth is the same as growth at the end of September. However, 0.4 points higher than the same period last year. Its growth this year is basically in line with nominal GDP growth.

Furthermore, Yi urged that the financial sector can play a full role in the role of the LPR mechanism in reducing real lending rates and continue efforts to increase bank lending capacity by replenishing capital.

“China will continue to implement wise monetary policies and see banks contribute more to financing the real economy,” the PBOC statement said

On a side note, while China’s economic climate is highly affected by its financial sector, the support of its primary institutions is overwhelming. And even if loans to the public is not easily accessible (except for settlement loans like car accident loans), they still manage to keep a strong economic climate.

Factors That Affect Currency Values: Economy, Politics, Government Policies

Forex signals are suggestions for going into a trade on a pair of currency, typically at a certain value and time. These signals are either produced manually by an analyst or automatically by a Forex robot provided to a forex signal service subscriber.

Factors Affecting Currency Values

But, similar to most commodities, forces of demand and supply in the market impact the prices of currencies. Sequentially, these forces are affected by numerous factors wherein they sometimes raise demand or supply bringing about a fluctuation in the value of the currency.

Whatever influences money flow in a nation or between nations may affect the values of a currency. Below are three of the major factors that impact the price of a currency:

  • Economy

The currency value of a nation is determined by its economic status. Usually, a budding economy is the basis for a currency that’s stable wherein it is valued greatly compared to others. Whichever factors that influence the progression of the economy, whether in a positive or negative manner also have a bearing on currency prices.

There are numerous economic signs that must be thought through prior to making a decision on a forex trade. These signs exemplify different economic aspects. As the overall condition of the economy influences the value of the currency, these signs are quite beneficial in identifying how the prices of currency will turn out given the present conditions of the economy.

  • Policies Of The Government

The economy of a country is always being assessed by its government and act on it. Policies are formed and carried out by its government to boost existing economic conditions throughout a positive movement and to remedy the disproportion if the condition of the economy isn’t faring well.

Most policies of the economy are under two types, the monetary and fiscal policies. The monetary policies affect the different elements of the financial framework of the country to better or uphold the economy. The country’s central bank executes the policies of the government by means of using numerous investment tactics in the markets.

Fiscal policies sketch out the government’s spending. Part of the fiscal policies is the yearly budget. It identifies the places where government spending will take place. Spending done by the government encourages the industries’ prospects as well as the economy’s segments.

Both fiscal and monetary policies have an effect on currency prices, however the influence of monetary policies is just about instantaneous.

  • Politics

Frequently, politics determines the route taken by an economy. Political turmoil or instability causes many ambiguities regarding the future and suppresses the growth of the economy and the value of the currency. An imminent election or warfare may bring about a careful and guarded investment tactic, lessening the flow of capital into a nation.

Moreover, a change in administration frequently subdues the currency’s price movement in the foreign exchange market. Up until the political outlooks of the new administration or leadership, fiscal and monetary policies as well as viewpoints on global trade clears, the markets don’t demonstrate a clear movement in the value of the currency.

A nation that is regarded as politically unstable won’t be an ideal or preferential partner for trading. This will have an effect on its forex trade and the currency’s value in this market. Conversely, a progressive and broadminded political leader as well as an unwavering leadership put forward amplified investments since the confidence of investors grows sturdier.

What is IPE or the International Political Economy?

The IPE is a part of social science that aims to better understand global issues through the use of theoretical viewpoints and multifaceted tools. Even though it has primarily grown as a field under International Relations, it has now fully developed to stand alone. The University of Puget, there are more than 30 students who have finished a degree in IPE every year. The rising popularity of IPE is a result of the continuous breakdown of limitations that divides the economy, politics, and various other social sciences.

Progressively, the single most stressing issue that researchers and lawmakers are facing are those that can only be understood from various points of view. IPE brings down the walls that limit rational inquiry within the arena of social sciences. Therefore critical questions and issues could be analyzed with no disciplinary reference.

International Political Economy

 

Politics And Cryptocurrency – Will They Ever See Eye To Eye?

Investors have the opportunity to become involved in cryptocurrency trading at anytime and anywhere. However, cryptocurrencies are identified to be extremely volatile or unstable, with drastically fluctuating prices even in minutes. With its volatility and the capability to trade anytime and anywhere, these factors restrict in numerous ways the efficiency of manual cryptocurrency trading.

Providentially, there is a solution to such issues. One of the major solutions is the best crypto bots for trading, or tools that are automated to administer trades as well as carry out transactions for human investors.

Slow Acceptance and Adoption of Crypto by Politicians and Governments

Many individuals, businesses and industries are quick to adopt cryptocurrencies. Politicians and governments on the other hand appear to be taking the adoption of cryptocurrency slowly. Moreover, when Facebook has publicized its new crypto project, legislators and regulators were quick to respond with apprehensions and criticisms. Additionally, they called for its strict regulation, which would definitely impact the cryptocurrency industry.

Regardless, politics and cryptocurrency must look for some commonalities as cryptocurrencies is to remain. Regulators are more and more expected to integrate crypto assets into the worldwide economy. Furthermore, as the masses become more interested, knowledgeable and involved with digital currencies, central authorities must recognize it as part of human society.

With increasingly more G20 countries prepared to back the global regulation for digital currencies, politics and cryptocurrency might grow to be more tightly and strongly intertwined. Still, a large number of government officials correlate digital currencies with high risks, especially with the announcement of the Libra project.

Who Supports Blockchain and Cryptocurrencies?

Although majority of nations lack a strong and well-defined legislation and regulation for cryptocurrencies, a number of legislators are in favor of crypto and digital assets. For instance, 2020 US presidential candidate under the Democratic party Andrew Yang is enthusiastic about Bitcoin, and actually accepts donations in the form of Bitcoin as well as Ethereum to finance his campaign.

Japan, Sweden, the UK, as well as Switzerland have likewise voiced their support of the adoption of the blockchain technology and cryptocurrencies. Vladimir Putin as well has pointed out cryptocurrency in his addresses, appealing to policymakers to cease in decelerating the development and advancement of new technologies. Yet, these alone couldn’t unite politics and cryptocurrency.

But, when politics and digital currencies come together, it will bring about either adoption and regulation or prohibition. Political figures could advocate the adoption of cryptocurrency; however it is essential they have a clear and working understanding of the concept of decentralization as well as the benefits of crypto and digital assets.

Cryptocurrency has an impact on the traditional system of finance, which is largely controlled and regulated by politics. Therefore, it’s but normal and expected that politicians and governments repudiate the benefits of crypto and blockchain, since they don’t wouldn’t like to lose that control over their economies. It is then necessary to regulate the usage of these digital currencies and assets for the benefit of everyone.

Forgiving Student Debt Could Boost The Economy

Loans are could be very much beneficial to numerous individuals. For example, the American Pride Auto Accident Loans ease the financial load of individuals who have encountered such unexpected incident. However, there are certain loans that do help people along the way but ultimately become a problem.

In the United States, the leading cause of debt is on student loans where 45 million Americans are into about 1.5 trillion US dollars’ worth of debt on student loan. This encumbers the economy of the nation, since money that could’ve been spent on paying for basic needs, establishing businesses, or purchasing homes is rather expended on servicing debt.

Education Reform Plan to Forgive Student Debt

A bold reform plan on education was proposed by Sen. Elizabeth Warren. The proposal intends to forgive student loans of over 30 million Americans that amount to billions of US dollars. The program on debt forgiveness is only a fragment of a bigger program to make more accessible to everyone higher education.

These figures make it simple to comprehend why individuals are so perceptive regarding ideas for higher education to be tuition-free worldwide, but, those plans only does little for individuals who are at present struggling because of student loan debt.

This is probably why Sen. Elizabeth Warren publicized that not only will her plan on education would make colleges accessible to everyone regardless of financial capabilities but also lessen the debt that millions of Americans owe.

Sen. Elizabeth Warren is one of the Democrats presently running for the 2020 US presidential election. The education reform plan that she has announced hits on voluminous of the major democratic discussion points in propositioning that the federal government interpose and create two-year as well as four-year programs for undergraduates free of tuition at public universities. However, Warren’s proposal differs from others as she would as well forgive the debt of numerous Americans who have already graduated.

Warren’s proposal was likewise commended by Robert Reich, Former Secretary of Labor. On his page on Facebook, he mentioned that by disregarding debt on student loan, it would be an immense boost for the economy. Moreover, he also mentioned that it would permit millions of young individuals to invest in things such as purchasing a home or beginning a business.

What Experts Say About The Education Reform Plan

Brandeis University conducted an assessment and projected that, with the education reform plan, it would yield positive economic outcomes. By means of the abrupt deletion of such a great debt load from so numerous individuals, it would steer towards an economy that is consumer-driven, recovered and bettered credit scores, bigger home-purchasing rates and stability in housing, better and greater rates of college completion, as well as bigger formation of businesses.

Warren’s reform plan might end up being a sensible investment. In the US, the cost of a college education has over the years increased dramatically. Numerous proposals were set forward to resolve the issue, however, currently only as single plan exists to absolve the debt of individuals who have completed their higher education already.