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Book
U.S. politics and the American macroeconomy
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ISBN: 160649533X Year: 2015 Publisher: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press,

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Abstract

This book considers the interrelation among macroeconomic politics, macroeconomic policymakers, macroeconomic policies, and macroeconomic performance. This interaction is examined using the expectational Phillips curve model, which measures macroeconomic outcomes in terms of inflation and unemployment. In this book, the subject of macroeconomic politics mainly focuses on voter behavior, presidential re-election ambition, and political party priorities. These factors influence the macroeconomic policy actions of the president, Congress, and the central bank. This analysis takes into account both fiscal and monetary policies. Our examination of citizen sentiment is based on rational voter theory and the median voter model. We compare the effects of macroeconomic farsightedness versus shortsightedness among voters. We also contrast the conservative versus liberal perspectives on macroeconomic policy and performance. The empirical component of our analysis examines the electoral and partisan political business cycle effects upon the U.S. economy, and we find evidence of idiosyncratic effects during the time frame of 1961 through 2014. Finally, we discuss macroeconomic influence on various measures of voter sentiment, such as presidential job approval as well as presidential and congressional election outcomes.


Book
The unheavenly chorus
Authors: --- ---
ISBN: 1280494336 9786613589569 1400841917 9781400841912 9781400898701 1400898706 9780691154848 0691154848 9780691159867 9781280494338 661358956X Year: 2012 Publisher: Princeton, N.J. Princeton University Press

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Politically active individuals and organizations make huge investments of time, energy, and money to influence everything from election outcomes to congressional subcommittee hearings to local school politics, while other groups and individual citizens seem woefully underrepresented in our political system. The Unheavenly Chorus is the most comprehensive and systematic examination of political voice in America ever undertaken--and its findings are sobering. The Unheavenly Chorus is the first book to look at the political participation of individual citizens alongside the political advocacy of thousands of organized interests--membership associations such as unions, professional associations, trade associations, and citizens groups, as well as organizations like corporations, hospitals, and universities. Drawing on numerous in-depth surveys of members of the public as well as the largest database of interest organizations ever created--representing more than thirty-five thousand organizations over a twenty-five-year period--this book conclusively demonstrates that American democracy is marred by deeply ingrained and persistent class-based political inequality. The well educated and affluent are active in many ways to make their voices heard, while the less advantaged are not. This book reveals how the political voices of organized interests are even less representative than those of individuals, how political advantage is handed down across generations, how recruitment to political activity perpetuates and exaggerates existing biases, how political voice on the Internet replicates these inequalities--and more. In a true democracy, the preferences and needs of all citizens deserve equal consideration. Yet equal consideration is only possible with equal citizen voice. The Unheavenly Chorus reveals how far we really are from the democratic ideal and how hard it would be to attain it.

Keywords

Democracy --- Pressure groups --- Equality --- Political participation --- ANES panel studies. --- America. --- American civic culture. --- American democracy. --- Internet. --- Supreme Court decisions. --- Washington pressure community. --- Washington representation. --- advantaged. --- age groups. --- age. --- business interests. --- class bias. --- class differences. --- class inequalities. --- class inequality. --- cohort effects. --- creative participation. --- democracy. --- democratic dilemma. --- democratic governance. --- differential voice. --- disadvantaged. --- economic inequality. --- economic interests. --- educated parents. --- educational attainment. --- egalitarians. --- elections. --- electoral democracy. --- empirical analysis. --- equal consideration. --- equal political voice. --- equal voice. --- equality. --- family background. --- federal constitution. --- free rider problem. --- home politics. --- inequalities. --- life-cycle effects. --- material well-being. --- median voter model. --- national politics. --- nonvoters. --- organizational activity. --- organized interest activity. --- organized interest influence. --- organized interest politics. --- organized interest representation. --- organized interest system. --- organized interests. --- organized representation. --- parental education. --- participatory advantage. --- participatory inequalities. --- participatory patterns. --- policy benefits. --- political activism. --- political activity. --- political advantage. --- political conflict. --- political division. --- political inactivity. --- political inequality. --- political involvement. --- political organizations. --- political outcomes. --- political participation. --- political polarization. --- political processes. --- political recruitment. --- political voice. --- pressure community. --- pressure politics. --- pressure system. --- public officials. --- public opinion. --- public policy. --- rational prospecting. --- resource constraint. --- resource constraints. --- resource deprived. --- resource disadvantaged. --- social class. --- social processes. --- socio-economic status. --- socio-economic stratification. --- state constitutions. --- strategic considerations. --- survey data. --- surveys. --- systematic empirical data. --- trade-offs. --- unequal political voice. --- union membership. --- voluntary associations. --- voters. --- voting power. --- voting strength. --- voting. --- websites.

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