POLI 103 Lecture Notes - Lecture 35: United States House Committee On Appropriations, Dow Jones Industrial Average, Weighted Arithmetic Mean
4 May 2017
School
Department
Course
Professor
Document Summary
They lobby congressional committees that have authority over related policy issues: charles lindblom said domestic policy making was a science of muddling through , focusing on human nature, timing and luck. Rational comprehensive concept (rational decision makers using scientific analysis and logic). Provides balance between socialism and capitalism (gov"t intervention vs little intervention). High inflation and longer life span strained funds by 1970s. Created with idea that for every retired person, a working person would be paying in for them: current funds drawn from worker paycheck, benefits all economic groups so it receives broad public support (infamous 3rd rail of american. Politics): originally only set to last around 3 years. Institutionalism (created by the people but turns around and effects beliefs and choices of the people): bush 2 attempted reforms in 2005 but republican party said no, health care: u. s system (highest costing system) remains private while many. History: federal agencies (like child labor laws and antitrust regulations) created by.
