General Discussion
In reply to the discussion: Just as being a poor republican makes little sense, I cannot vote for Hillary. [View all]lovemydog
(11,833 posts)They might not have an immediate affect on your bank account, but they have long-term consequences.
Abortion restrictions hit poor women hardest. The Supreme Court rules on many of these cases. The Court's upholding of the constitutionality of the primary tenets of the Affordable Care Act affected macro economics in terms of how the legislative branch may and may not shake up the largest most profitable industries in our country, and micro in terms of many millions now receiving free coverage. Going forward, the Court will help enable or obliterate legislative efforts to provide free accessible health care for every American.
An opinion confirming gay marriage might pave the way for millions to get the same taxation and other economic benefits that straight couples enjoy. Brown v. Board and the decisions that followed helped lessen economic discrimination on the basis of race, paving the way for millions to receive schooling and own homes in neighborhoods that they were previously denied.
The upcoming rulings on immigration will have macro and micro influence. Citizens United affects the way money and free speech, via Congressional efforts toward election reform, will be handled for decades. Imagine if we'd had one or two more progressives on the Court during the height of the Vietnam War or Iraq War. Justice Douglas wanted to shut down the Vietnam War on the basis that the President did not receive sufficient Congressional approval. The Court could have declared the extension of the War Powers Congress granted to the President to launch the Iraq War to be overly broad, or in violation of various treaties or laws.
Dozens of rulings historically both good and bad on ending slavery, housing & gender discrimination, the legality of collective bargaining, restricting rights of organized labor, expanding or restricting capitalistic or socialistic governmental regulations or interventions.
The judicial branch, from the Supreme Court on down to presidential appointees to federal courts, exerts tremendous influence on micro/micro economics by ruling what is permissible within its interpretation of conflicting State laws, previous precedent and the United States Constitution. Often by the narrowest of margins, most dependent on who the most recent President had appointed to the Court.