Analyze the following government intervention programs:

Posted: January 20th, 2023

Analyze 1 of the following government intervention programs:

Countercyclical fiscal policies (countering economic disruptions such as the housing bubble and the Great Recession)
US agriculture support programs
Assistance for Low Income Families (choose 1)
Housing vouchers
Earned Income Tax Credit (including Child Tax Credit)
Supplemental Nutrition Assistance Program (SNAP)
Low income healthcare (choose 1)
Medicaid (including Children’s Health Insurance Program).
Affordable Care Act expansion
Social insurance programs (choose 1)
Old Age, Survivors, and Disability Insurance (OASDI)
Medicare
Unemployment insurance

Write a 700- to 1,050-word summary of your analysis. Identify the intervention and the market failure leading up to the intervention. Complete the following in your paper:

Analyze the arguments for government intervention as opposed to arguments for market-based solutions.Hint:See the information about market failures.
Examine who has been helped and who has been hurt by the selected government intervention.
Examine externalities and unintended consequences of such intervention. For example, consider whether the SNAP program and health coverage for low-income families result in higher future tax revenues because low-income children grow up healthier and produce higher incomes over their lifetimes.
Analyze whether cost of the intervention you selected as a share of GDP or the number of participants is increasing,decreasing, or varies with the state of the economy, based on the cost trend(or number of participants) since its inception or since 2000.
Analyze credible economists’ opinions on the success or failure of the intervention that you chose in achieving its objectives.
Recommend whether the program should be continued as is, discontinued, or modified based on your conclusions. Defend your recommendation.

Note: Use of charts and graphs is encouraged with appropriate citations. Any charts or graphs retrieved from the Federal Reserve Bank of St. Louis FRED website may only be included when the data sources used by FRED are US government sources such as the Bureau of Economic Analysis or the Bureau of Labor Statistics.
Cite at least 2 academically credible sources.
Format your assignment according to APA guidelines.

Rubric for Research Paper

Outstanding – 20pts
Good  – 15pts
Fair – 10pts
Unacceptable – 5pts

Outline

Excellent section headings, indicative of a steady “flow” to the overall paper. Topics and subtopics clearly indicated.
Professional looking.
Good section headings, indicative to a steady “flow” to the overall paper. Topics clearly indicated, could use more subtopics.
 
Fair section headings, indicative that the paper has “flow”. Topics and subtopics not clearly indicated. Unclear organization of thoughts.
 
Disorganized appearance.
Relevant topics missing or incorrect, paper has no indicative “flow”.
Not professional.

Abstract

Highly informative, complete and easy to understand. Appropriate vocabulary is used.
Abstract makes you want to read the paper.
Informative, complete and understandable. Appropriate vocabulary is used.
Somewhat informative and understandable.
 
Not very informative or understandable.
 

Structure

Thesis is clear, easy to find, and appropriate to the assignment.
Thesis is supported by the rest of the paper.
Paper contains a “roadmap” for the reader.
There is a logical “flow” to the topics/arguments. Conclusion follows clearly from the arguments presented.
Thesis is clear and appropriate.   Thesis fairly well supported.
Paper is fairly well organized.
Conclusion follows from the rest of the paper.
Thesis is fairly clear.
Inconsistent support for thesis. Paper weakly organized. Conclusion is acceptable.
Thesis unclear and/or inappropriate.
Thesis not supported.
Paper is not organized. Conclusion doesn’t follow from the rest of the paper.

Research

The evidence comes from a wide variety of valid sources. The bibliography is complete and reflects appropriate sources.
 
The evidence comes from the minimum valid sources. The bibliography is complete.
Valid sources are inconsistently used.  The bibliography contains minor formatting errors.
 
Multiple sources cited  incorrectly.
Bibliography missing.
 

Critical
Thinki
 
ng
Arguments are pertinent to the topic.
Arguments are logical, supported with evidence. The key arguments have been made – no major points have been left out.
Arguments are
pertinent to the topic.   Arguments are fairly logical and reasonably supported.
Most key arguments have been made.
Arguments are not consistently pertinent, logical, or supported. Few key arguments have been made.
Arguments not pertinent. Arguments rarely, if at
all, logical and supported.
Almost no key arguments have been made.