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For the first time, trends in 20 major economic and federal budget indicators, most reported since World War II, are presented in a single source. The economic performances under each presidential administration are ranked for each indicator, as well as for their overall performance. The results are often surprising and counter-intuitive, challenging many popular beliefs. This presentation of averages, trends, and illustrations will allow scholars, students, and others interested in economics, politics, and history, to interpret economic news more effectively.
Sommario
Figures and Tables
Acknowledgments
Preface
Introduction
General Economic IndicatorsMajor Events and Timeline, 1945-93
GDP Growth
Employment Growth and the Unemployment Rate
Inflation
Money Supply and the Real Interest Rate
Saving and Investment Rates
Productivity and Compensation in the Business Sector
Poverty Line
Stock Market -- Dow Jones Industrials
The Federal GovernmentTotal Federal Budget Growth and Share of GDP
Budget Deficits and the National Debt
Composition of Government Budget
Social Security
Taxation
Overall Presidential Performance -- A Synthesis of the Indicators
Postscript: The Economy after Bush and Clinton's Early Returns
Appendix I: Technical Notes
Appendix II: Statistical Appendix
Bibliography
Index
Info autore
RICHARD J. CARROLL is an economist and a financial analyst in Washington, DC. He holds a B.A. and M.A. in economics from Georgetown University and an MBA from the Wharton School. He also analyzes the economies of countries in Asia and Africa.
