Final Research Paper

In Units II (Research Paper Topic) and V (Paper Segment), you worked toward a research paper that you will complete in this unit. For the final research paper, you will add an evaluation of the changes needed on the local, state, or federal level to address the economic issue you discussed in your paper segment from Unit V. In your evaluation, include the following:

1.) Explain how the current budget influences the running of the local, state, or federal government, along with how the budget impacts people on the local level.

2.) Include views/analysis (pros/cons) on a possible amendment to the United States Constitution requiring a balanced federal budget. If on the state or local levels, what changes to state constitutions or local laws are needed?

3.) After evaluating the impact of this economic issue, discuss how it applies to your own daily life (work, home, and recreation).

The evaluation must be a minimum of two pages in length, and your full research paper must be a minimum of five pages in length, not including the title and reference pages. Additionally, you must use at least one outside source in this section. Remember this process is academic, so ensure the use of proper APA standards for formatting and citing/referencing.

Unit II Research Paper Topic

Inequality: An Economic Issue in the Federal Government

There are currently several economic issues that the federal government continuously faces. These given problems span from economic issues related to areas like education, polarization, inequality, and money in politics. It is important to note, that given economic problems, normally have a great significance in the General Domestic Product of the federal government. Due to the federal implementation of various social programs in the past, inequality has been a continuously increasing economic issue the federal government has had to face. Furthermore, this paper will discuss not only these social programs, but the many other issues related to inequality that the federal government faces today as well (Meissner, 1977).

What is Inequality? About the economy, inequality is the existing alteration in numerous economic well-beings amid persons in a state or a given region. Most of the time, it often entails a reference of income inequality. In the US, economic disparity has three level of measurement. They include an individual’s consumption, basic salary, and the general prosperity.

In the US, it is true that there exists a broadening alteration amid the haves and the have-nots. It is an issue that follows the dwindling of the middle-class individuals. Regarding this, inequality has a great influence on the overall economic growth of the US. For a long period, there has been the uneven distribution of salaries in the US. From the span of the 1970s, a larger portion of the state’s income often goes to wealthy class. It, therefore, leads to a lessening stability among the citizens. The criteria as mentioned above are evident in the measurement of income before taxes (Meissner, 1977).

Recent research indicates a comparison of the income inequality in the US collectively with other advanced countries. However, there is an indication of relatively high variation of inequality after taxes and given transfers. It is a sign that after taxation process, the federal swings a significant amount of payment from upper-income families. On the other hand, there exists a reduction in income to minor income homes. Similarly, the same trend exists in the market income inequality. It has an indication on functioning families, where there occurs a high comparison of revenue variation. It accompanies sensible levels of reallocation of resources. The similarities as mentioned above depicts that the citizens of the US as a whole often swings from dependence on market income. Instead, they majorly rely on the income transfers in the subsequent lives than the other advanced states (Cancian & Danziger, 2009).

Despite the demerits of inequality in the US, one advantage is that it accelerates fairness to the federal government of the US. Most of the economists point to the fact that economic inequality is just to a given state than a nation that experiences an equivalent general dissemination of fortune. The point of the argument is that free markets often advance given economic inequalities unsurprisingly. Afterwards, there exists a requirement of utmost exploitation of particular redistributive strategies. Given strategies involve progressive taxes. In general, this given point tries to explain that in economic inequality, it often requires captivating resources from the wealthy, and redistributing it to the poor (Meissner, 1977).

On the other hand, there occurs an affiliation between income inequality and crime in the US. Economic inequality has resulted in in-depth rates of crime. The scarcity of resources and employment opportunities leads to the low-income earners top indulge in criminal activities. Most of the youths in the US own arsenals that comprise from daggers, guns, and other drug-related weapons. It also leads to the State experiencing continuous crimes mostly from the teenagers. In conclusion, economic inequality gradually leads to the depreciation of the economy of the federal government. It is an issue that requires utmost responses to counter its effects (Cancian & Danziger, 2009).

References

Cancian, M. & Danziger, S. (2009). Changing poverty, changing policies. New York, NY: Russell Sage Foundation.

Meissner, C. F. (1977). A commentary on selected economic issues facing the world market economy: A staff report to the Committee on Foreign Relations, United States Senate. Washington: U.S. G.P.O.

It is important for you to understand  the state of Georgia constitution and the impact of constitutional provisions for your identified policy. The policy identified was health care policy

For your project this week, examine the state of Georgia constitution and study your health care policy  in relation to the state of Georgia constitution.

Examine your state’s constitution and explain the following in your paper:

• Is your policy topic addressed in your state’s constitution? If the policy is not directly addressed in the constitution, what constitutional provisions indirectly affect the policy area? For example, does the constitution give the legislative or the executive branch greater responsibility for the policy area?
• Should your policy be a constitutional issue or is it more appropriately dealt with through legislation or administrative regulation?
• Is your policy topic important to the general public? Are there any organizations involved in advocacy for or against existing policy? If not, why? If so, describe how they affect your selected policy.
• Does the policy deserve more public interest? How might public involvement in the policy be increased or improved?

Cite all sources using the correct APA format.

Create a 2- to 4-page response in a Microsoft Word document. Note that the state is Georgia