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

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1 Case Study: Fiscal Policy and Presidential Elections Ashley Oren Parkman Grantham University
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2 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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3 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. When
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Case Study - 1 Case Study: Fiscal Policy and Presidential...

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