In his new book, “Fears of a Setting Sun: The Disillusionment of America’s Founders” (Princeton University Press, 2021), Dennis Rasmussen, professor of political science, grapples with the founding generation’s deep and abiding doubts about their experiment.
"Taking out the politics, planning a tax bill that would help reduce inequality, make the system work better, raise revenue to slow the rate of growth of the debt, all of those things would make a whole lot of sense," says Leonard Burman, Paul Volcker Chair in Behavioral Economics. "But the question is just timing, and it’s always a bad time for a tax increase because it’s hard to get your base excited about raising taxes."
For homeowners, or prospective buyers, "rising insurance rates could lead to a reduction in home values," says Sarah Pralle, associate professor of political science, and "they could be forced to sell at a loss, or even abandon their property."
"Our recent analysis of public opinion about people’s attitudes toward government assistance shows that Democrats can gain the support of conservative voters for assistance to the poor through smart policy design. And there is no better example than the American Rescue Plan (ARP)," Associate Professor of Political Science Chris Faricy and Christopher Ellis (Bucknell University) write.