Nablus asked in Social ScienceEconomics · 1 decade ago

Rep vs. Demo (economy views)?

Anybody knows what the Demo has to offer in their agenda to the US economy and what the Rep offered already?

1 Answer

  • holdon
    Lv 4
    1 decade ago
    Favorite Answer

    The man difference between left and right in the economy is the role of Government.

    A left leaning person, will view the government as having a place in the economy, i.e minimum wage, labour laws, health, governemnt spending on good and services, distribution of wealth.. any number of things.

    A right leaning person will view the government to have a limited place in the economy, only be involved on what absolutly needs to be involved in, which would be a legal framework for business, and basic health and labor laws. Government does not need to consume much goods and services, wages are a function of demand and supply etc etc

    There is not right or wrong, just a world view.

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