Policy Project affecting the dairy industry in the United States, specifically the Milk Price Support Program as well as any other policies affecting the industry

In the second part of your
policy paper, you will develop the analytical component of


your
paper. Please write a brief introduction to remind me what policy you’re
working


on
before you start into the content below:


Provide
an analysis of the issue, including (but not limited to) the following:


· Who are the stakeholders?
Stakeholders are parties affected either directly,


indirectly
or who are unintended recipients of benefits or negative impacts of the


policy.

· How are the various
groups affected by the policy? Deal with this from the


intended,
indirect and unintended consequences, both positive and negative.


· Describe the political
situation for the policy you’re exploring. Think about the


Iron
Triangle to the extent it is relevant. Who are the officials/agencies involved?


What
committee at either the state or federal level is in charge of the legislation?


(assuming
you are dealing with a state or federal issue – local issues can also have


political
intervention, but they’re generally a more linear arrangement)


· Budget – what is the cost
of the program/policy, and over how many years is


funding
allocated?




Using concepts developed
in the course, you should work to identify the impacts of existing or potential
policies on economic variables (prices and quantities) and on those who will
gain or
lose
from proposed policies or policy changes. The impact on taxpayers should also
be noted.
In some
cases, it may be possible to find more technical analyses of your problem that
are based
on
economic or statistical models and you are free to draw on these results for
your analysis
(with
appropriate citation and documentation). It is expected that you will include
statistical data
to
support your analysis.


Please
come see me during office hours or check in during class if you have questions
as you
develop
your project.




Please refer to the rubric
for Policy Paper 2 as you develop your work.




Format: Double-spaced,
Times-New Roman 12-pt font, left-justify the text


All
references must be cited and listed at the end in Works Cited page, following
the Reference
Guide.

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