In: Economics
name one policy on a state and local level that you agree with and one policy that you disagree with. Thoroughly explain why you agree and disagree. You should have one paragraph for the policy that you agree with and one paragraph for the policy that you disagree with. Both paragraphs must be no less than six sentences each.
In the U.S, in contrast to several other advanced nations, till quite recently virtually all the initiatives to encourage innovation clusters happened at the state & at the regional level, albeit usually with the benefit of central R&D finances. States face harsh economic challenges in the global age, including the increasing competition from international enterprises, usually supported by comprehensive governmental industrial strategies, erosion of conventional manufacturing sectors, the extensive shift offshore of industrial chains, increasing unemployment & finally, falling populace. Efforts at industrial revival utilizing conventional policy instruments, including industrial staffing & financial incentives to industry are currently being supplemented by more technology-based native growth strategies. Since the first half of 1990s, many states have increasingly viewed backing for innovation clusters as a chief policy instrument for encouraging the international competitiveness of regional industries. I agree with this policy as it fosters innovation at state-level.
Traditionally in the U.S, education has been chiefly the responsibility of parents and regional and state government. The Constitution states nothing about education, & thus, according to the tenth Amendment, the role of the central government is restricted. Education is funded mainly by state & local government, with the central government contributing less than 13% of overall educational expenses for elementary & secondary education in the financial year 2011-2012. However, as education is supervised & carried out by various state & local entities there is much disparity / inequality amongst school systems. For this reason, few reformers encourage providing the central government a bigger role in fixing policy & criteria. Others contend for more local & parental control, & worry that a distant bureaucracy can’t serve the best interests of their kids.