William Henderson and B. McGraw talk about local vs national politics. This is Part 2 of 2 episodes.
We first discuss comparisons in spending patterns and budgets between local, state, and federal governments. These include discussions around public housing spending, social insurance, law enforcement, national security, and more. Then we discuss the different tax structures at the local and national level. This includes the higher amount of revenue coming from payroll and income tax at the federal level, compared to more revenue from property and sales taxes at the local level. After this, we discuss some of the reasons behind the lack of interest in local news. This includes a drop in local news, lack of interest in less salient local issues, the transient nature of young people, and more.
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2:31 Local vs federal incarceration
5:43 Social insurance
6:21 Law enforcement
8:45 National security budget
11:07 Fiscal responsibility of federal vs local
19:46 Federal transfers (2)
21:00 Drop in local news
25:00 Local politics is not interesting
25:53 Transience of younger people (2)
28:50 Accelerationist argument
32:40 Supremacy clause in practice
36:23 Social issues at the national vs local level
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