Case Study - 1 Case Study Fiscal Policy and Presidential...

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Case Study: Fiscal Policy and Presidential Elections
Ashley Oren Parkman
Grantham University

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ABSTRACT:
This paper is written to discuss how fiscal policy may affect output compared to
price levels in an afflicted economy. Also, to find out how switching over to a fiscal
policy may affect political figures, and business cycles.

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Case Study: Fiscal Policy and Presidential Elections
The idea behind switching the financial system over to a fiscal policy is to avoid
inflation and to create jobs in a time period of severe unemployment rates (New
Macroeconomics and Political Science, 2006). If an economy can provide more jobs to
people the idea is that more money would circulate through the market. By doing this a
government leaves it up to the people of that nation to determine the fate of their
economy, and market system. The fiscal policy can be related to national stimulus that
President Obama has given to Americans, as well as the second Bush administration. The
idea is the same however the effects are rather different. This is how some
administrations are affected come election or re-election time.
With a fiscal policy creating jobs, the average American can support his or her
family without having to be forcibly financially distraught which happened in the
approximate year of 2007 when the economy took a turn for the worst.