Read e-book online American Politics in the Age of Ignorance: Why Lawmakers PDF

By D. Schultz

ISBN-10: 1137308737

ISBN-13: 9781137308733

ISBN-10: 1349456128

ISBN-13: 9781349456123

American Politics within the Age of Ignoranc e seems to be at ten coverage myths and undesirable rules that governments and public officers - in general conservatives - continuously repeat and re-enact. performing on those myths, the regulations necessarily fail and thereby strengthen preconceived ideals that govt is useless at fixing difficulties.

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Additional resources for American Politics in the Age of Ignorance: Why Lawmakers Choose Belief over Research

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Thus, when a business adds up all of the costs and factors affecting where it should do business there may be only a handful of locations that make sense of a business to relocate to. Here is the point where businesses then pit communities against one another (LeRoy 2005). It is like the classic prisoners’ dilemma. If two accomplices are separately questioned by the police, the best scenario would be for both to remain silent. If that were to occur perhaps both walk free. If one talks and confesses he goes free or gets a lesser sentence and the other gets a worse sentence.

All of the candidates promised to make the Bush-era tax cuts permanent. Michelle Bachmann wanted a return to the Reagan-era tax cuts, even though it was not clear what that really meant. Yet do high taxes really hurt the economy as much as they believe and will lowering them have much of an impact on stimulating it? Anecdotal stories and illustrations question this tax fallacy. For example, high tax states such as Minnesota have generally fared better in terms of economic growth, unemployment, median family incomes, and location of Fortune 500 companies than low tax ones such as Mississippi and Alabama.

Taxes may have an impact that must be calculated over the long term but waiting for such effects maybe like waiting for Godot. However the above data over nearly 80 years fail to show any long-term patterns. Conversely, maybe one can assert that examining the relationship between top rates and growth is the wrong benchmark for a study, or that the analysis above is incomplete. Perhaps one needs to really look at effective tax rates—what people and corporations really pay—to tease out the real impact of taxes.

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American Politics in the Age of Ignorance: Why Lawmakers Choose Belief over Research by D. Schultz

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