CAS PO 111 Study Guide - Midterm Guide: Business Cycle, Money Supply, Aarp

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Different types of policy have different types of politics, lowi distributive, redistributive, regulatory typology. Politics creates policy but policy creates politics. Government, health care and wealthfare: american exceptionalism makes us think welfare will be low-individualism, welfare comes in different types, insurance versus targeted, different politics. Gvt needs to do more work help needy. Country composed on immigrants and their descendants. Prosperity everyone who comes to the us came from a poorer home/ background. Can"t get supreme court ruling - can"t get through republican filibuster. Refers to the actions that governments take in the economic field. Types of economic policy: micro and macro. Makes up own mind and doesn"t take orders from president. Problems with keynes in us: suspicion of government, separation of powers, illustration; negotiations on the deficit. Impact of globalization: globalization a triumph of us economic diplomacy, winners and losers, capital movements.

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