Reference no: EM133698334

Assignment:

Explain why the cost-benefit analysis process in the George Floyd act. Can it be described as an attempt to employ rational decision-making processes?

How is George Floyed Act budgeted? How much is being authorized and spent? Note: You can use the policy agendas data here, particularly the graphing, and ask for budget figures. What arguments are used to make it politically accepted as a budgetary expense? How have political debates over budgeting in your area played out? That is, what are the arguments for increasing and/or decreasing the amount allocated and spent?

In the lesson material, the cost-benefit analysis procedure is described as being composed of 4 basic concepts:

1) Determining costs and benefits;

2) assigning value;

3) discounting; and

4) Choosing among alternatives. Earlier in this course, you identified various alternatives in the policy process related to your policy choice (this was explicit or implicit in the agenda-setting phase).

Choose any two of them and perform a cost-benefit analysis on the two (if you can identify the two most likely scenarios, i.e. the one that was finally passed and the one that was its most closely contested alternatives).