This is quite a loaded statement and can have many interpretations that all point towards the same idea: how does this affect me?
I may be creating new words here but I believe the same concepts of macro and micro economics apply to politics. You have macro-politics and micro-politics. Local, focused economies are what cumulatively impact the worldwide dynamics of the economy but those micro economies are influenced by the macro economic forces they operate within. I believe the same concept applies to how the federal level politics influence local politics while the local politics are what make up and determine the federal political climate. Hope that made sense!
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