Article Summary
The article by Lowrey “The Low Politics of Low Growth” seeks to create the relationship between politics and economic growth in Washington. As such, the article argues that politics are highly influenced by the prevailing economic conditions. Much of the impact is felt from the additional tax revenue and deficit reductions. Both republicans and democrats express different perspectives with regard to economic crisis. This is because economic crisis affects the income level of individuals significantly. However, it is complex to increase growth while at the same time reducing deficits, but each of these actions has its own implications. The congress has to focus on social security and debt ceiling for the betterment of economy of the nation.
This article is very important since it aids in comprehending how the economic crisis is handled in different situations. This includes the strategies, which may be adopted to end the economic crisis, as well as the implications of these strategies. One of the implications of economic crisis is reduction of GDP, which is an indicator of the poverty level of a country. Further, economic status of a country is a tool for measuring the welfare of individuals who live in that country. For Washington, it is clear that the current economic status has influenced the inherent political system.
The article also relates to politics and decision making. In this, it is clear that the democrats and republicans express different views with respect to fluctuations in economic status and what needs to be done to ensure that economic growth is attained. The article also enables one to appreciate the relationship between economic growth and income level of citizens. As such, one is able to comprehend how unemployment may develop because of low levels of income.
Opinion on the topic
This article is based on economic growth. Personal opinion is that economic status of the country influences the current political systems. This is because different key players in politics tend to express different opinions on the economy based on the prevailing economic conditions. Politicians also may be divided on the argument for or against the process of increasing or decreasing the performance of the economy in a country.
Discussion on the topic
Economic development is an issue that political systems focus on addressing. The ruling political party has to uphold the performance of the economy. On the other hand, the opposition is keen to observe what the ruling party is doing. This means that the democrats and republicans will express different perceptions and ideas on how to survive in the current economic conditions. Therefore, the political system is reliant on the performance of the economy. Nevertheless, politics may derail the process of economic growth if the participants in politics have vested interests on their needs.
Opinion on article itself
This article is well-written and has detailed explanations on the issue of politics and economic development. However, the article failed to provide more explanations on how politics may influence economic development. The author addressed the topic of the article in an objective manner. This was good since the author was able to provide non-biased information on the article. Moreover, the author has provided adequate examples on the impact of economic growth and how political systems focus on addressing the issue effectively. This enables the reader to comprehend the details effectively.
Works Cited
Lowrey, Annie. The Low Politics of Low Growth. Web. 1 Mar, 2013. Available at:
http://www.nytimes.com/2013/01/13/sunday-review/the-low-politics-of-economic-growth.html?_r=0
