Politics and Economic Policy in the United States, Second Edition, provides students with comprehensive knowledge of the field. Written with the student in mind, this text is organized logically and includes examples on how economic policy decisions impact the lives of average citizens. A student background in math or economics is not necessary. The book presents a wide variety of economic policies, including tax, budget, regulatory, and distributive policies. The Second Edition reflects the most recent events and scholarship. Analysis is provided on the projected budget surpluses. Recent successes of organized labor are also discussed. The Asian financial crisis and the creation of the World Trade Organization are analyzed in the revised and updated International Economic Policy chapter. Features to help you learn: - Book begins with basic themes and a historical overview. - Technical terms are highlighted and defined clearly throughout the text. - "Explore the Web" section at the end of each chapter provides an annotated list of web sites.