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The President as Economist: Scoring Economic Performance from Harry Truman to Barack Obama
220Overview
The President as Economist: Scoring Economic Performance from Harry Truman to Barack Obama provides eye-opening insights about matters of critical importance for the future of the United States. Author Richard J. Carroll tackles a topic that he has researched and been focused on for more than 20 years, providing impartial assessments and rankings of each presidential administration according to numerous key performance indicatorsquantitative data, not subjective opinions. The final chapter combines all of the data to present a numeric score (Presidential Performance Index-PPI) for each administration that allows an overall ranking of the 11 presidents.
The analysis covers 66 years of U.S. economic history, ranging from 1946 through 2011. The earlier administrations of Harry S. Truman through Jimmy Carter set the context against which more recent presidencies are judged. This title will be an invaluable resource for everyone from general readers to students at the high school, undergraduate, and graduate levels, as well as journalists, lobbyists, and anyone directly or indirectly involved in the political process.
- An appendix provides the official data upon which the rankings are based
Product Details
ISBN-13: | 9781440801815 |
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Publisher: | ABC-CLIO, Incorporated |
Publication date: | 06/06/2012 |
Pages: | 220 |
Product dimensions: | 6.30(w) x 9.30(h) x 1.00(d) |
About the Author
Table of Contents
Figures and Tables vii
Preface ix
Acknowledgments xiii
Introduction xv
Abbreviations xxix
Timeline of Events xxxi
Part I General Economy: The President's Influence on the Private Sector
1 GDP and Productivity: Presidential Influence on Economic Production 3
2 Inflation and Interest Rates: Incentives and Disincentives for Economic Production 43
3 Savings and Investment: Groundwork for Growth 55
4 Growth of the Stock Market: The Value of Private Companies 65
5 Employment and the Poverty Line: The "Other" Bottom Lines of Economic Policy 77
6 U.S. Exports and International Trade Balance: America's Global Competitiveness 91
Part II Fiscal Economy: The President's Influence on the Public Sector
7 Federal Budget Growth and Share of the Economy: Maintaining a Public/Private Balance 105
8 Federal Budget Deficits and the National Debt: A President's Fiscal Responsibility 119
9 Federal Taxation: Raising Revenue Effectively for the Public 133
Part III Combining Public and Private Indicators: Overall Presidential Performance Rankings
10 Economic Performance Rankings from Harry Truman to Barack Obama 153
Annex 1 Methodology 183
Annex 2 The Great Depression and World War II: Background to the Modern Economy 187
Annex 3 Statistics 193
Selected Bibliography 211
Index 215