Economics, Politics, and American Public Policy

ISBN-10: 0765637707
ISBN-13: 9780765637703
Edition: 2nd 2013 (Revised)
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Description: This text introduces students to the interrelationship of politics and economics in American public policymaking: how economic concerns have been legislated into law since Franklin Roosevelt's time and how politics (e.g., Washington gridlock)  More...

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Book details

List price: $44.95
Edition: 2nd
Copyright year: 2013
Publisher: Routledge
Publication date: 3/16/2013
Binding: Paperback
Pages: 264
Size: 7.25" wide x 9.00" long x 0.50" tall
Weight: 0.990
Language: English

This text introduces students to the interrelationship of politics and economics in American public policymaking: how economic concerns have been legislated into law since Franklin Roosevelt's time and how politics (e.g., Washington gridlock) affects the economy and the making of public policy. Students learn how to measure various indicators of economic performance, how the U.S. economy works (domestically and with international linkages), and how and why policymakers act to stabilize an economy in an economic downturn. Additionally, many social insurance programs (Social Security, Medicare, Medicaid) are explained and the current fiscal issues concerning current/future costs are treated in some detail. The book concludes with a full chapter case study on the Obama administration's response to the Great Recession and its dealings with Congress; the implementation of the Affordable Care Act is also discussed.

List of Figures and Tables
Preface
An Introduction to America's Political Economy
Measuring Economic Performance
Fiscal Policy
Monetary Policy
Deficits and Debt
America in a Global Economy
Government Regulation and Deregulation
Government and Social Provisioning
Rising Inequality and the Middle-Class Squeeze
The Great Recession
Glossary
Index
About the Authors

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