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"The best way
to stimulate the economy is through investment. Bush's tax cut proposal will motivate
the wealthy to increase their investments and, therefore, improve the condition of
the economy. I think the new Bush administration will benefit the economy."
Michael
Welsch
finance and accounting major
St. Paul, MN
"The true impact
of the executive branch on the economy is often overstated by the media, and therefore
I believe that any impact of the new Bush administration will be minimal. Any administration
is given credit for a robust economy and the blame for a poor performing economy.
However, the reality is that the forces that truly drive the economy on, in large
part, are out of the control of the executive branch."
Thomas
Root
assistant professor of finance
CBPA
"I think the
Bush administration will stimulate the economy. The tax cut plan will put money back
into the hands of the people and result in more spending."
Chuck
Schultz
sophomore finance and accounting major
Minneapolis, MN
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"People are looking
for someone to blame for the state of the economy, and now that Clinton is out of
office, they will turn to Bush. In reality, Bush is not capable of having an immediate
effect on the economy, and any current problems can not be attributed to him."
Jay
Whiteside
sophomore information systems and accounting major
Rock Island, IL
"Every administration
realizes they serve a limited role in the management of the economy. However, an
administration can and does make strategically crafted arguments that match current
public opinion about things like the economy to implement their preferred policies.
Take, for example, tax cuts. To achieve this policy goal, an administration will
wisely assess the current situation and match it to their policy. So, if the economy
is thought to be in bad shape, tax cuts become a vital economic stimulus program.
If the economy is good, then tax cuts are said to serve the public's wish to rein
in the excesses of government or to shift money back to the people, etc. Not to say
these are not legitimate arguments, but they are strategically assessed and selected
to support the policy. Policy researchers refer to this condition as a solution looking
for a problem."
Lance
Noe
visiting assistant professor of public administration
CBPA
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