Week 6 - Assignment: Examine the Impacts of Policies Implemented During the Great Recession and Week 7 - Assignment: Measure the Effects of Social Policies
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Week 6
PUB-7019 v1: Public Policy Administration (5264028831)
Assessing the Benefits and Challenges with Government Subsidies and Incentives
The great recession of 2007-2009 has left lasting strains on the U.S. economy, different
industries, businesses, and families across the United States. During the recovery period,
the U.S. government through the Obama Administration provided certain bailouts to
various industries like the banking and automobile industries. Many policies were drafted
and implemented to slow down the economic damages, while also trying to find ways to
restart the economy.
The financial bailout of the different industries during the great recession added a vast
amount of money to the U.S. debt. The gamble paid off as the U.S. economy started to
bounce back, the unemployment rate dropped, employment increased, and consumers
regained their confidence in spending.
Many opposing political leaders criticized the bailout of the different industries, citing the
impact to the national debt as not being worth the risks. Many in the media carried
ongoing coverage to shed light on the recession and recovery efforts. The media, in this
case, played a crucial role in how information was released to the public and helped to
narrate and analyze different policies being implemented.
Media personnel and other policy experts were analyzing different policies on television,
radio, and in print and online newspapers on a daily basis to help the public understand
what each policy meant. Naturally, there were some political influences, but that is to be
expected with policy development and implementation. Politics play a role in policy
development, implementation, and evaluation because different political views often clash
over what policies are instituted.
References:
Be sure to review this week's resources carefully. You are expected to apply the
information from these resources when you prepare your assignments.
4/7/22, 3:57 PM PUB-7019 v1: Public Policy Administration (5264028831) - PUB-7019 v1: Public Policy Administration (5264028831)
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Books and Resources for this Week
Béland, D., Rocco, P., & Waddan, A.
(2016). Reassessing policy drift: Social
policy change in the United States.
Social Policy & Administration... Link
Breznau, N. (2017). Positive returns and
equilibrium: Simultaneous feedback
between public opinion and social
policy. Policy Studies Journal... Link
Gertler, M., & Gilchrist, S. (2018). What
happened: Financial factors in the great
recession†. Journal of Economic
Perspectives, 32(3)... Link
Glei, D. A., Goldman, N., & Weinstein,
M. (2019). A growing socioeconomic
divide: Effects of the Great Recession
on perceived economic distress... Link
Week 6 - Assignment: Examine the Impacts of Policies
Implemented During the Great Recession Assignment
Due April 17 at 11:59 PM
80 % 4 of 5 topics complete
4/7/22, 3:57 PM PUB-7019 v1: Public Policy Administration (5264028831) - PUB-7019 v1: Public Policy Administration (5264028831)
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As an independent consultant with the federal government, assess three policies that
were implemented during the Great Recession and then explain how those policies helped
shape the recovery efforts. During the Great Recession, several industries were bailed out
such as the automobile industry and the financial industry. Select any of the bailout
policies. Then, be sure your paper includes the following:
1. Explain the benefits that resulted from the policies you chose.
2. Criticize the overall recovery efforts and identify whether the bailouts were
necessary.
3. Describe alternative policies that could have been drafted instead of the bailout
approach to the banking and automobile industries.
4. Assess any changes those great recession policies might have gone through up to
today.
Length: 5–7 pages, not including title and reference pages.
References: Include a minimum of 5 scholarly resources.
Your paper should demonstrate thoughtful consideration of the ideas and concepts
presented in the course and provide new thoughts and insights relating directly to this
topic. Your response should reflect scholarly writing and current APA standards. Be sure
to adhere to Northcentral University's Academic Integrity Policy.
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