Code: 04669811
There exists considerable disagreement about whether the United States president has a direct and measurable influence over the economy. The analysis presented in Economic Actors, Economic Behaviors, and Presidential Leadership su ... more
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There exists considerable disagreement about whether the United States president has a direct and measurable influence over the economy. The analysis presented in Economic Actors, Economic Behaviors, and Presidential Leadership suggests that while the presidents have increased their rhetoric regarding the economy, they have not had much success in shaping it. Despite attempts to tailor rhetoric to influence specific actors, the presidents are incredibly ineffective. Considering this research, Arthur argues that the president's decision to address the economy so often must stem from a symbolic placation or institutional necessity that is intended to comfort constituencies or somehow garner electoral advocacy from the party's base. No other viable explanation exists given the lack of results presidents obtain from discussing the economy and their persistent determination to do so. This discrepancy suggests that presidential rhetoric on the economy is, at best, a tool used to appear concerned about the economy to everyone and toeing the party-line to their base. Moreover, it allows them to present the facade to their constituents that they are in control of a crucial facet of American life.
Book category Books in English Society & social sciences Politics & government Political structure & processes
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