By Berke Gursoy Published April 2, 2017
Why then is NAFTA under such attack? The answer is due in part to the very nature of trade agreements. The benefits of trade are dispersed and appreciable only over time while its costs are sometimes ideating and are highly concentrated in specific industries such as auto manufacturing. As such, attacking trade agreements is politically very easy, since the vast majority of people whose standard of living has been improved are unaware of it while those who have bared the cost care very much.
By Berke Gursoy Published October 31, 2016
Tax Policy isn't the most discussed or most controversial issue dividing the two candidates in this election, but for the American people, it may prove the most important outcome of the election. The tax plans of Clinton and Trump reflect those of their respective parties orthodox, and therefore represent two distinct visions of the American economy. Trump proposes across the board tax cuts centering on the wealthy in addition to easing the corporate tax rate and removing the estate tax. Clinton proposes maintaining the tax rate with increased taxes on the rich, maintaining of the corporate tax rate while eliminating certain loopholes and increasing the estate tax. They are opposites in policy and effect, Trump's is the tried and tested Republican policy of promoting short term growth at significant long-run cost, Clinton's is to cut into short-term growth for long term gain. With this information it is each American's decision over what policy would be best for them and the economic health of the nation as a whole.