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After all, shouldn't politics and economics remain separate? This is an incredibly stupid question. The fact is economics and politics are deeply intertwined. History has shown that economics and politics are mutually inclusive and reactive, meaning if one changes, it will have a direct effect on the other.

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Thus, it makes it impossible to talk about our economy or investing decisions without addressing politics. One of the ways that politics affects economics is the agenda of the political party in charge. The right side pushes for capitalism. They help to build real wealth creators and allow the freedom for anyone who wants to seek wealth to go out and get it. Changw promote economic self-sufficiency. However, the left side pushes more of a socialist agenda. They create what I like to call welfare-politics. They want the people to depend on the government to control their economic stance. There is less room to build self-sufficient wealth and a push to deter people away from becoming wealth creators.

They operate on the premise that the people should become reliant on the government to supply them with their needs and nothing more. They make it more difficult to accumulate economic freedom. Secondly, the government has control over the regulations put in place for business owners.

While the right side pushes for deregulation of business, the left side seeks to put tons of restrictions on the way a person can operate their business. Fewer regulations give a business a better opportunity to grow and expand. It gives them the opportunity to create more wealth and more well-paying jobs for the public. It dwindles the job pool down drastically and forces people to become government servants. Not to mention, it also takes away from one's ability to create their own wealth. The last point I'll make on how politics impacts the economy is tax regulations. The government controls tax brackets and percentages. The right side pushes to lower taxes keeping more money flowing into the household of Americans.

On the other hand, the left side generally pushes to raise taxes on the Role Of Economics On Political Change as yet another way to deter people from creating wealth. At the end of the day, their reasoning behind it is all a facade and in reality is a way to push the wealthy to carry the bill for the government financial dependency read more are forcing Americans into. Supporting the political side that empowers the ability for people to create wealth, is a push for freedom for all. No one wants to live in a world enslaved by the constrictions of a government that only wants to supply you with just enough to survive.]