Question

In: Economics

Agenda setting consists of decisions about what issues will be addressed through government policy (the legislative...

Agenda setting consists of decisions about what issues will be addressed through government policy (the legislative process for our purposes here). Let it be noted that agenda setting is the "confluence of problems, possible solutions, and political circumstances".  Either from your own experience or from a quick internet search, draft an initial post that identifies:

a) A problem you feel should be addressed by government policymaking.

b) A possible solution that you feel could address the problem by the making of or changing of policy.

c) The political circumstances surrounding your problem and solution that make it either likely or unlikely that lawmakers would put it on the governments policy agenda.

Solutions

Expert Solution

a) Population aging is a growing problem throughout the world and it has more intense exposure in the country like India where, every year the share of aged to total population is growing along with a sharp growth of old age poverty too. Unlike developed countries, Indian elderly do not have adequate social security and their old-age expenses are mostly financed by the young members of their family. Indian households used to be inter-generational, where, the elderly care was embedded on the responsibility of the young generation. However, due to rapid rupture in the traditional family system and unprecedented migration of young generation, elders are now in a financially vulnerable situation. Therefore, there is a policy requirement to address the economic vulnerability of the aged population.

b) The required policy can be designed to provide incentives to the working people to take care of any elderly person, including their parents. For example, tax relief on income. In this policy, an earning member will be exempted from tax by the amount he/she has spent on any old person in the last financial year.

c) The political parties are more focused to the development of youth by creating job, health of the child and reproductive aged women etc. Although these policies are important for the present economic need but policies for financial security of aged is somewhat ignored. If the new tax policy, as mentioned above, is introduced, the young people, who are working may be more focused and sensitive to the aged people. The society will be benefited for both the sides: for working young as they can avoid tax and for elders as they receive greater economic support from the young generation.


Related Solutions

What is agenda-setting? How does the media influence agenda-setting? Do you think this influence has had...
What is agenda-setting? How does the media influence agenda-setting? Do you think this influence has had a positive or negative impact on the policymaking process? Why? Please provide examples to support your position.
Agenda setting can be a difficult task in government. Why? Who do you consider an important...
Agenda setting can be a difficult task in government. Why? Who do you consider an important agenda setter in government? How does this participant help set the agenda? Give an example of an attempt at agenda setting in government. Was it successful? Why or why not? Consider how factors such as culture, political positions, etc. might impact your own, or the agenda setters' priorities. Use evidence (cite sources) to support your response from assigned readings or online lessons, and at...
What is fiscal policy? When the government attempts to generate economic growth through fiscal policy, what...
What is fiscal policy? When the government attempts to generate economic growth through fiscal policy, what are the differences between Keynesian economics (demand creates supply) and Supply-side economics (supply creates demand), and which would be more beneficial now?
1. what is problem recognition and give an example to explain its role in agenda setting....
1. what is problem recognition and give an example to explain its role in agenda setting. 2. Describe 2 reasons a state will be more “receptive” to action on environmental issues? 3. What happens to policies during policy formulation/legitimation? 4. Determine and explain 2 reasons that the 1970s produced the largest number of new environmental laws in US history. 5. How does party polarization make it more difficult to pass new environmental in Congress today?
Q2. Critically discuss two issues that are addressed through collective bargaining in South-West Trains and their...
Q2. Critically discuss two issues that are addressed through collective bargaining in South-West Trains and their impact on organizational performance??? ‏Case Study Employee Relations at South-West Trains The company has a well-established collective bargaining agreement with ASLEF, the RMT, TSSA and AMICUS, which operates through the South-West Trains Company Council. This agreement gives the unions negotiating rights on a range of issues, including pay and terms and conditions of employment. They are also consulted on issues relating to performance and...
1- a) - describe the vignette highlights and the issues addressed. b) - What is the...
1- a) - describe the vignette highlights and the issues addressed. b) - What is the purpose of auditor's reports? c) -Describe the distinction between auditor's and management's responsibility d) -Describe the parts of the audit report e) -Describe the Sarbanes-Oxley Act
Most government policy decisions have winners and losers. What are the effects of Ehsaas Emergency Cash...
Most government policy decisions have winners and losers. What are the effects of Ehsaas Emergency Cash program in the wake of COVID-19? It is more complex than simply government loses and poor’s gain. Who are the winners and who are the losers, and what exactly do they win and lose? To what extent will this impact the overall economy of Pakistan?
What corporate governance issues that AMAZON faces and how they are addressed in the current year?
What corporate governance issues that AMAZON faces and how they are addressed in the current year?
What technical, legal and insurance issues may arise that will need to be addressed in telemedicine...
What technical, legal and insurance issues may arise that will need to be addressed in telemedicine to fulfill any promises on its use?
Macroeconomic policy is about making difficult decisions involving tradeoffs. It is impossible to talk about ‘the...
Macroeconomic policy is about making difficult decisions involving tradeoffs. It is impossible to talk about ‘the best policy. Why ? (350 words) No written responses please, only typed.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT