front cover of Congress and Economic Policy Making
Congress and Economic Policy Making
Darrell M. West
University of Pittsburgh Press, 1987

Economic policymaking has perpetually been one of the central dilemmas facing Congress, leading to huge budget deficits and disagreements among legislators about spending priorities and tax policies.

This book examines congressional decision making on economic policy during the Reagan administration. It looks at legislative actions on Reaganomics, tax reform, and the politics of deficit reduction, and shows the importance of looking not just at the consequences of these decisions but also at the legislative processes that led to them.

Using an “activist-based” approach and previously unexamined data, Darrell West shows that district activists, often more conservative than the public at large, exerted a disproportionate and misleading effect on congressional voting. When this support eventually proved unstable, a more skeptical Congress began to eventually back away from the president's policies. This move had serious consequences for deficit reduction and policy initiation, and also influenced the final shape of the tax reform package adopted in 1986.
 

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front cover of Economic Policy Making in Mexico
Economic Policy Making in Mexico
Factors Underlying the 1982 Crisis
Robert Looney
Duke University Press, 1985
This volume argues that the Mexican crisis of August 1982, in which the country was left facing the prospect of national default and zero economic growth, was not only the result of some fundamental flaws in the country's economy, but is more accurately characterized as a cash flow problem—in the author's words, "a case of illiquidity rather than insolvency." Based on a thorough analysis of the Mexican economy, the book assesses the effectiveness of the various economic programs of the de la Madrid presidency in dealing with the nation's problems.
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front cover of White-Collar Government
White-Collar Government
The Hidden Role of Class in Economic Policy Making
Nicholas Carnes
University of Chicago Press, 2013
Eight of the last twelve presidents were millionaires when they took office. Millionaires have a majority on the Supreme Court, and they also make up majorities in Congress, where a background in business or law is the norm and the average member has spent less than two percent of his or her adult life in a working-class job. Why is it that most politicians in America are so much better off than the people who elect them— and does the social class divide between citizens and their representatives matter?

With White-Collar Government, Nicholas Carnes answers this question with a resounding—and disturbing—yes. Legislators’ socioeconomic backgrounds, he shows, have a profound impact on both how they view the issues and the choices they make in office. Scant representation from among the working class almost guarantees that the policymaking process will be skewed toward outcomes that favor the upper class. It matters that the wealthiest Americans set the tax rates for the wealthy, that white-collar professionals choose the minimum wage for blue-collar workers, and that people who have always had health insurance decide whether or not to help those without. And while there is no one cause for this crisis of representation, Carnes shows that the problem does not stem from a lack of qualified candidates from among the working class. The solution, he argues, must involve a variety of changes, from the equalization of campaign funding to a shift in the types of candidates the parties support.

If we want a government for the people, we have to start working toward a government that is truly by the people. White-Collar Government challenges long-held notions about the causes of political inequality in the United States and speaks to enduring questions about representation and political accountability.

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