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Partisan Gridlock In The Contiguous States: Credit Ratings, Economic Stability, And The Ramifications Of Political Competitiveness, Polarization, And Party Control In U.S. State Legislatures, 1992-2010, Logan Nee

Honors College

Today’s complex sociopolitical context features an increasing determent of fundamental bipartisan principles and negotiation at both the federal and state levels of government. A competitive political environment akin to post-Civil War times, amplified by growing partisan polarization and politicians’ quest for party allegiance and self-reward, pervasively discourages productive compromising efforts to work across the isle. We believe this hinders government’s sole and rather straightforward fiscal duty: to provide stable, healthy, and predictable economic conditions for its constituents. Credit ratings offer a window into the interaction of public policy, political uncertainty, and economic performance, which all lie at the nucleus of …