Soft Money in Economics :: essays papers

Soft Money in EconomicsWith each election vibration rolling around e really 4 years, the various political parties, peculiarly the Republican and Democratic parties, ar setting new records for feat contri thations and face lift higher and higher amounts of money toward their goals. It seems elected officials spend more(prenominal) and more time on fundraising and less time on work for the mass they atomic number 18 sworn to serve Now what is wrong with that picture? Does the excogitate We have the best government money can buy, mean what it says? If it did, our body politic would be in serious trouble. Only of 1% of the people enforce 80% of all campaign contributions. These special interest groups and wealthy individuals are controlling the peoples government. Whether the issues are bring uped over the military, education, Medicare, or Middle eastmost issues, individuals like you and me have little or no say in what should be done to correct the situation. Soft money and the whole campaign finance reform issue is a very big c at oncern to our economy. Yes it does have a more political stance then an stinting stance but it will affect the regular hard working families of our nation. Have you ever taken the time to actually read the U.S. measure codes? If not, you are very lucky. Its a capacious mess and hardly readable, but there is a reason why you cant read it. Former Sen. Wyche Fowler (D-Georgia) once said, Every single interest that comes to you has got a special private interest where they are seeking to get subsidized, through the tax code Tax bills are a good place to hide those special legislative favors congressmen and women converge when they are elected. With the money donated from insurance industries, health professionals, and law firms and a huge amount of special interest groups, the resulting factor ends up being a tax system skewed toward big-money interests. How will this affect your standard of liveness? Welllets look at the something everyone has problems with and that is oil and sport prices. The gas patience is a very generous industry for politicians and in turn very prosperous in reaping the benefits. In the 98 election cycle, gas companies gave over $22 million in soft money contributions. This huge contribution gave gas companies a long list of tax breaks created by a congress that is supposed to be the best money can buy.