I took a political test recently to identify my political belief and I turned out to be a Market Skeptic Republican. A Market Skeptic Republican is a person who believes the economic system is unfair and that big corporate make way too much money and rapidly getting rid of the smaller businesses. A Market Skeptic Republican also believe that poor people have it easy because the government provided them with everything they need without needing them to return the favors. These are just two of the many things a Market Skeptic Republican believe in but they are the most important factors on what determined a person to be a Market Skeptic Republican. They are also what I believe to be the flaws of America.
Differences between a Market Skeptic Republican and Other Republican.
Less Government Regulation
One political Ideology that is different from mine is the Core Conservative ideology of having less government regulation on corporates and businesses. Having fewer government regulations is the belief that is often from a Core Conservative because to them, government regulations are redundant because the free market is already self-regulating. What that means is "Goods and services that appeal to and please consumers will thrive, while those that do not will be rejected and fail." (Lehman, 2017) It is a common sense that the buyer will buy items that are in good quality and beneficial to them and not buy the items that are in bad quality. With the business selling those good quality items to its buyer, the business will gain profits and grow over time. But with the business that sells items that are not as useful, the consumers will not buy anything from them and they will be forced to shut down. Because the free market is able to self-regulate, laws and regulations imposed by the government are redundant and therefore should be eliminated.
On the other hand, Market Skeptic Republicans believe that are more than to only protect the market, they exist to also protect the consumer, the business, and protect the environment. Without government regulation on big companies, companies will get to do what they want and can potentially hurt and damage not only their employees but also the environment. According to Marc Davis, the author of the article Government Regulations: Do They Help Businesses? During the Global Financial Crisis that unfolded from 2007-2011, "too many publicly traded corporations have misstated earnings to maintain or boost the market price of their stock. They've violated immigration laws by hiring undocumented workers. They've broken environmental laws by illegally dumping wastes or emitting pollutants into the atmosphere or into rivers and lakes." To maintain the price of their stocks, not only do they violated the immigration laws by hiring undocumented workers but they also violated environmental laws by dumping wastes and pollutants into the environment. These wrongdoings are done with laws and regulations in place. Now imagine what would happened without these laws and regulations. Will the world be like it is now (with the environment still being polluted) or will it 3 times worst with pollution causing by the big corporates that are doing whatever day can to upkeep their stock price and how much money is going into their pocket? Even when there are regulations, corporates are still secretly having their ways around things. So without government regulations, things like employees and environmental right will only be worst since there are no regulation to put those corporates in check.
Lower Taxes
Another Core Conservative ideology that I and the general Market Skeptic Republican do not agree with is the belief that the government should lower corporate taxes on corporates. Core Conservative Republicans believe that cutting of taxes "lower taxes can increase incentives to work...lower income tax will encourage people to work longer hours and new people to enter the labor force. Lower corporation tax will encourage firms to invest in the country." (Tejvan, 2008) With the people getting less money taken out from their earning, they will feel more encouraged to work longer hours to make more money. With people now getting pay more (the amount they should get without income tax cut), they will work with higher proficiently level.
Market Skeptic Republican think differently about the out the come of lowering taxes on corporates. They believed that lowering taxes on big companies will lead to a decrease in funding for programs like the free and reduce lunch (the program that provides free lunch for students who are from low-income families), healthcare, and other programs that support/benefit the working and middle class. "The budget would cut more than $5 trillion from non-defense programs over the next decade (2019 through 2028). Half of these cuts would likely come from programs that aid low- and moderate-income individuals and families." (Friedman and Kogan, 2018) If the tax cut were to be put in place, the price of everything would be higher to no longer affordable for low-income families. Programs that were put in place to help the working low-income families would receive less money.
- $2.1 trillion in cuts to health programs
- $923 billion in cuts to income security programs
- $231 billion in cuts to education and social service programs,
Money that funds those program will decrease and decrease over time to the point where those program can no longer stay open and will be forced to shut down. After those programs are down, the middle and working class will be forced to pay for everything with the money they do not have. People will be driven to poverty have the rights that were given to them taken away. Because of the dangerous future of lowering taxes on big corporates, I do not agree a Republican's belief about the benefits of lowing taxes on corporates.
Has America made the changes needed to give blacks equal rights with whites?
According to the research from the Pew Research Center, only 61% of the Market Skeptic Republican believe that America did make the change needed while a 20% higher of 81% of the Core Conservative say yes to the statement. This proves that the general Market Skeptic Republican believe that America still need to make more changes to give blacks equal rights with whites while the Core Conservative Republican does not. When looking at the unemployment rate graph from the United States Department of Labor,
the unemployment rate for black and other races is much higher than that of white. But in general the unemployment rate for for every other races is higher than that of the white. But for now let's focus the statistics of black and white. In 2014, the unemployment rate for the 16+ year old black is 7.8% while the unemployment rate for 16+ year old white is 4.0%. This higher in 3.8% show how much less likely it is for a black person to get a job and be employ than that of a white person. You might think that I'm bias and that there are other factors that also contribute to the higher unemployment rate in black like for example, they might not have the degree needed to obtain a certain job or the education need. But in reality black people have been making huge progress in obtaining their education. "In 1968, only 54% of black Americans graduated high school while today 92% get a high school diploma." (Paul, 2018) and the "3,215,000 blacks in this country who have a bachelor’s degree...1,078,000 African Americans who have both a four-year college degree and a master’s degree...150,000 blacks hold a professional degree in fields such as law, business, and medicine...136,000 African Americans have obtained a doctorate." (The Journal of Black Education). This levels of education in black should have earned them the job they want want and lower their unemployment. But even when black people show huge increases in the number of black people earning high school diploma and college degrees, their unemployment rate is still a lot higher than that of the white.
(United States Department of Labor)
These graphs and data show the hard lives and unfair disadvantage Black American are still living in, America still need to make changes to give blacks the equal rights and opportunities they deserved to make America the place of equal opportunities like it's said to be.
A similarity between a Market Skeptic Republican and a Core Conservative
Even though there are many differences between a Market Skeptic Republican and a Core Conservative, there is still similarity like whether or not America should open up its door to people around the world. From the graph above, 52% of the Core Conservative and 50% of the Market Skeptic Republican voted yes to the "If America is too open to people from all over the world, we risk losing identity as a nation". This close gap of 2% make sense because even though I, a Market Skeptic Republican, do not believe in the economic system (which is similar to those of liberal), I still do not believe America should have an open door on the immigration policy because if everyone from, for example, Mexico just come to America, America is just going to be another Mexico and no longer a place of diversity.
Another similarity between a Skeptic Republican and other republican like the core conservative is the belief that poor people have it easy and are advantage of social program created to help the low and middle class. "The federal government operates at least 69 programs...exclusively to poor and lower-income people. The benefits include cash, food, housing, medical care and social services." (Spalding, 2012) and "only two, the earned income tax credit and the additional child refundable credit, require recipients to actually work for their benefits." (Spalding, 2012) What is this essentially mean is that a person can not work and still receive the money and assistance need from the government. With the government handing them everything the need, there is no reason for them to work when they can just sit at home and relies on those programs to provide for them. This is promoting the U.S to become a culture of laziness and dependency where people relies on the government to give them what they ask for. without having to work in return. In 2018, the total US government spending on "welfare — federal, state, and local — was “guesstimated” to be $1,091 billion, including $642 billion for Medicaid, and $449 billion in other welfare." (Chantrill, 2018) This is a lot of money. With the people "abusing" these programs by not working, the U.S economy can only go down.
Where does my belief come from?
I think my belief came from my school and the environment I'm living in. At school, I was taught that a Republican is bad, the economic system only favored the rich and the poor suffered the most by my teachers and friends. At home and in my neighborhood, I often heard and observed people taking advantage of the free money given out by the government by refusing to work. With the government providing people who are without jobs and money the things they need, they will feel like they already have everything the needed and start getting accustomed to their jobless life and refusing to work.
Cited Source:
Lehman, Tom. “Six Arguments Against Government Regulations.” Capitalism.com - Be the Change, 19 May 2017, www.capitalism.com/six-arguments-government-regulations/. https://www.capitalism.com/six-arguments-government-regulations/
Pettinger, Tejvan. “Advantages of Tax Cuts.” Economics Essays, 1 Jan. 1970, econ.economicshelp.org/2008/01/advantages-of-tax-cuts.html. https://econ.economicshelp.org/2008/01/advantages-of-tax-cuts.html
Pettinger, Tejvan. “Advantages of Tax Cuts.” Economics Essays, 1 Jan. 1970, econ.economicshelp.org/2008/01/advantages-of-tax-cuts.html. https://econ.economicshelp.org/2008/01/advantages-of-tax-cuts.html
Davis, Marc. “Government Regulations: Do They Help Businesses?” Investopedia, Investopedia, 19 Oct. 2018, www.investopedia.com/articles/economics/11/government-regulations.asp. https://www.investopedia.com/articles/economics/11/government-regulations.asp
“Market Skeptic Republicans.” Pew Research Center for the People and the Press, Pew Research Center for the People and the Press, 23 Oct. 2017, www.people-press.org/2017/10/24/appendix-1-typology-group-profiles-2/app1_5/. http://www.people-press.org/2017/10/24/appendix-1-typology-group-profiles-2/app1_5/
Spalding, Matthew. “Why the U.S. Has a Culture of Dependency.” CNN, Cable News Network, 21 Sept. 2012, www.cnn.com/2012/09/21/opinion/spalding-welfare-state-dependency/index.html.
Kogan, Richard. “House GOP Budget Retains Tax Cuts for the Wealthy, Proposes Deep Program Cuts for Millions of Americans.” Center on Budget and Policy Priorities, 28 June 2018, www.cbpp.org/research/federal-budget/house-gop-budget-retains-tax-cuts-for-the-wealthy-proposes-deep-program-cuts.
Spalding, Matthew. “Why the U.S. Has a Culture of Dependency.” CNN, Cable News Network, 21 Sept. 2012, www.cnn.com/2012/09/21/opinion/spalding-welfare-state-dependency/index.html.
Chantrill, Christopher. “What Is the Spending on Welfare?” Government Spending in United States: Federal State Local for 1961 - Charts Tables History, 2018, www.usgovernmentspending.com/welfare_spending.
Kogan, Richard. “House GOP Budget Retains Tax Cuts for the Wealthy, Proposes Deep Program Cuts for Millions of Americans.” Center on Budget and Policy Priorities, 28 June 2018, www.cbpp.org/research/federal-budget/house-gop-budget-retains-tax-cuts-for-the-wealthy-proposes-deep-program-cuts.






One thing strong in your political blog post is that you input stats and that you have given titles to differentiate the topics you talk about. There could be more things that you can update it but in my eyes, I can't find any. Good job *claps.*
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