Money,Money,Money,Money
"There are few sorrows, however poignant, in which a good income is of no avail." This quote by Logan Pearsall Smith illustrates a rather interesting point in the world of American Public Policy, namely the fungibility of money. It is difficult to examine the role of public policy without examining it from an economic context. The formation of policy has been limited in recent years due to budget constraints. The ability to implement various programs and initiatives from Three Strikes Laws, to Head Start Programs, to Star Wars Defense programs, all share one common thread, the ability to raise enough capital to fund these programs. What often results are that one program is advanced at the expense of another program. The only way to advance all programs is to advance the American economic system in general. It is for this reason that fiscal policy is the single most important policy in m
American fiscal policy has been bogged down in recent years by instability in the party in power. Congressional and Presidential power in the past 20 years has fluctuated greatly. This creates a situation where there is no clear vision for fiscal policy. This alternation between the ultra-conservative times of the Reagan years, to the comparatively liberal times of the Clinton years, and now back to the right during the G.W. Bush years has left the American economy without an identity. It is clear that prosperity has suffered as a result. The only way to correct this problem is to develop some kind of long-term plan and stick with it. Unfortunately, the party in power would never allow their predecessors to dictate the future of American economics and therefore the chances of a long term solution are next to nil. As one can see, very little in American Society is not tied to Fiscal
Some common words found in the essay are:
GW Bush, Wars Defense, Fiscal Policy, Public Policy, Congressional Presidential, fiscal policy, , Pearsall Smith, fungibility money, American Society, vision fiscal, common thread, people money, public policy, party power, american policies, american society, economic context,
Approximate Word count = 600
Approximate Pages = 2 (250 words per page double spaced)
|
