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SUSIE’S CURRENT EVENTS December 4, 2012 THE BASICS Topic The “fiscal cliff” Article “The Fiscal Cliff Explained” http://www.forbes.com/sites/rickungar/2012/11/10/the-fiscal-cliff-explained/2/ Questions to Consider • • • • • What is the fiscal cliff? Why is it a serious problem? Who might be affected? How did we get there? How do we get over the cliff? How does compromise or lack of compromise among US political leaders affect the solution? THE EXTRAS Pre-teaching, Extensions & Further Reading • http://politicalticker.blogs.cnn.com/2012/11/12/republicans-and-democrats-proclaimoptimism-on-fiscal-cliff-deal/ • http://www.cbsnews.com/8301-505267_162-57548233/fiscal-cliff-compromises-fallinginto-place/ • Teaching strategy: Invite students to create their own info graphic (wheel or chart or diagram) assigning revenue to basic government services Visuals: • Middle School http://www.thereformedbroker.com/wp-content/uploads/2012/06/fiscal-cliff.jpg • High School The-Fiscal-Cliff pdf What’s the connection? Constitutional The Great Compromise http://usgovinfo.about.com/od/uscongress/a/greatcomp.htm Students Cuts to many social programs including student aid, health care. Concern about a new economic recession. http://www.globalpost.com/dispatch/news/regions/americas/united-states/121107/fiscal-cliffobama-congress-tax-increases-spending-cuts Oregon State Standards HS.50. Explain how economic indicators (including, but not limited to GDP, unemployment, Consumer Price Index, inflation) describe the condition of the economy.