Chapter 8

This chapter may be my favorite so far, because as we have been learning about economics and all of these good/bad ideas/curves/theory's I have been thinking to myself, why doesn't everyone read this book and understand this? Or why do politicians make poor policies regarding our economic future? This chapter answered it for me. Why do we have our tax dollars and sink us further into debt by giving money to all of theses random groups?Sometimes the impact isn't felt too harshly on the American people, by way of taxes.  Sometimes it helps out farmers that have or could be ruined by the American population diverting it's demand to other products, and sometimes it is purely to gain votes. Keeping the hundreds of millions of people in this country and interest groups happy is an impossible task. Since small groups have better leverage, things are done to ensure their comfort because the reward is greater a greater incentive than the small additions to taxes the large group pays. But there are a lot of $0.98 here and there, and to me this seems like a potential problem. But it also made me realize that economics, while should be the driving point of monetary decisions in this country, sometimes it just wouldn't work with the way we do politics.