CAS PO 111 Lecture : 1____
Document Summary
Intro to american politics lecture 9/3/13: consequences of a good and bad government lorenzetti, 1300s, good government is necessary (arts, civilization, bad government is hell c) idea that government is not just part of life, but has an impact on life, wall street, katrina, etc effects of bad government, hobbes, leviathan, state of nature, government is necessary to provide order, look at iran without hussein. What is government supposed to do: environment, externalities of business, what is good for profit or jobs is bad (pollution, fumes, economic security, fdic, set up rules of the economic game prevent monopoly, doj struck down airline merger, tarp to buy up bad loans; stimulus package, wall street regulation, education, last 12 years more stepping in no child left behind, public goods, social security, medicare, medicaid, most $ spent in government b, obamacare everyone has health care.