The Politics Of Economics

Abstract

The purpose of this article is to examine the relationship between presidential politics and economic policy. Does it make a difference, from an economic perspective, as to what political party occupies the oval office? With evidence of voter discontentment (rise of Ross Perot, low voter turnout), this would seem to be a most relevant question. Using economic variables, it is found that presidents can and do influence economic events. In fact, the presidents party affiliation can be used as an indicator as to what economic policies will be implemented.