The Politics of Boom
Title: The Politics of Boom
Category: /Law & Government/Government & Politics
Details: Words: 861 | Pages: 3 (approximately 235 words/page)
The Politics of Boom
Category: /Law & Government/Government & Politics
Details: Words: 861 | Pages: 3 (approximately 235 words/page)
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The Economist published an article on September 30, 2000 entitled “The Politics of
Boom”. This article brings up several issues that we have discussed in Economics 103 this
semester. The article discusses the presidential election and both candidate’s positions on some of
the major issues dealing with the economy. Mainly, the article centers around the federal budget
surplus and tax cuts.
“This year’s presidential election is being fought against the backdrop of an unprecedented
economic boom”.
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persists for at least a half-year. Recessions are marked by high unemployment.
It remains undecided today, nearly a week after the election, whose economic proposals
were favored among the American people. This issue is one where views differ greatly. Fiscal
policy has varied with each president from Reaganomics to the Clintonian economic policy.
Furthermore, taxes are on the mind of everyone who pays them so they have played a very
important role in this election.