a policy in which almost everybody benefits and almost everybody pays. such as . was.
interest group politics
One small group bears the cost of the policy and another small group receives the benefits.
a policy in which one small group benefits and almost everyone pays
legislation that gives tangible benefits to constituents in several districts or states in the hope of winning their votes in return
a policy in which almost everybody benefits and a small group pays that cost
activists in or out of government who pull together a political majority on behalf on the unorganized interests.
rules governing commercial activities designed to improve, consumer, worker, or environmental conditions . Also called social regulations . - includes rules aimed at improving consumer or worker safety and reducing environmental damage. there are good and bad ways of achieving these goals and much of the dispute about regulations concerns the means no ends.
what occurs when the government in one year spends more money than it takes in. do not confuse with national debt . This is in a one year period.
in the total amount of all the deficits. the total deficit from the first presidency down to the present.
gross domestic product
the total of all goods and services produced in the economy during a given year
Milton Friedman, believes that inflation occurs when there in too much money chasing to few goods. Monetarism suggests that the proper thing for government to do is to have a steady predictable increase in the money supply at a rate about equal to the growth in the economy's productivity ; beyond that it should leave matters alone and let the free market operate.
the belief the government must manage the economy by spending more money when in a recession and cutting spending when there is inflation.
the belief the government plans such as wage and price controls or the direction of investment can improve the economy
the belief the lower taxes and fewer regulations will stimulate the economy
The belief that a combination of monetarism , lower federal spending , and supply-side economics will stimulate the economy.
Managing the economy by altering the supply of money and interest rates the effort the shape the economy by controlling the amount of money and bank deposits and the interest rates charged for money .