HIST-H 106 Lecture Notes - Lecture 1: Social Liberalism, Earned Income Tax Credit, Endangered Species
Document Summary
I(cid:373)pa(cid:272)t o(cid:374) the earth"s ecology of unregulated economic development: endangered species, depletion of ozone. The collapse of communism between 1989 and 1991 opened the entire world to the spread of market capitalism and to the idea that government should interfere as little as possible with economic activity. Clinton in office: appointed several blacks and women to his cabinet, raised taxes on the wealthy, earned income tax credit (eitc) a cash payment for low income workers begun during the ford administration.