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Hot Topics: Election Campaign 2004
An election year always impacts Wall Street and the business world. This year with the Iraqi war and the rising national debt, what impact will national elections have on the economy? The articles below focus on the economic issues of the campaign.
Selected articles
Due to contractual arrangements, access to some articles may be restricted to the Stanford community, and subscribers of the " Library Databases" offered through the GSB Alumni's Lifelong Learning Program. Inclusion below does not imply University endorsement of the ideas expressed.
Bush's Agenda Faces Opposition From Election-Wary Republicans. Bloomberg, Apr. 4 2005
The tightly disciplined, Republican-controlled Congress that gave President George W. Bush key pro-business victories in the first few months of his second term may now put political survival ahead of party unity.
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Rove Uses Campaign Playbook to Mastermind Social Security Fight. Bloomberg, Mar. 2, 2005
As President George W. Bush crisscrosses the U.S. promoting his plan to set up private Social Security accounts, a familiar face from past campaigns is usually close by: political strategist Karl Rove.
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Stock Trends: The Experts Are Wrong. Forbes, Dec. 13, 2004
The hard-fought election teaches lessons that are as applicable to Wall Street as to Washington.
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Domestic Policy in President Bush's Second Term. Brookings Inst., Nov. 29, 2004
Social Security provides that core tier, the bottom layer of financial security, we should be shoring it up in a way that makes it more progressive and that protects its defined benefits structure.
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Economic Growth Expected to Slow in Major Economies During 2005. Reuters
The world's top economies are likely to put in a strong performance this year, before growth starts to slow.
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Straight Up from Here? S&P Industry The Outlook, Nov. 10, 2004
The good news that the election is over and the October payrolls swelled by 337,000 boosted shares. But we expect some retracement.
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The Bush Bounce. Economist, Nov.11, 2004
Investors cheer the election, shrugging off higher interest rates and economic fears.
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Bitter Election Could Spell Trouble for Stocks. MSN Money, Nov. 12, 2004
Looking at the past 16 races, it's clear the markets favor consensus and certainty -- and the hard-feelings squeaker of 2004 provides anything but.
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A Very Modest Proposal. Business 2.0, Oct. 2004
Regardless of whom we elect, America needs to do something about the issues that will affect our ability to compete in the years ahead. Prof. Jeffrey Pfeffer suggests some good places to start.
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The Conditional Nature of Presidential Responsiveness to Public Opinion. American Journal of Political Science, Oct. 2004
For reelection-seeking presidents, responsiveness is shown to depend upon two key political factors. First, presidents are more responsive to public opinion when the next election is imminent. Second, the effect of presidential popularity is nonmonotonic; presidents with average approval ratings are most likely to adopt policy positions congruent with public opinion…
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Taking Economics at the Electoral College. Forbes, Sept. 30, 2004
Two very different economic predicting tools have gotten a great deal of attention, and both are right now pointing strongly to Bush. The first is the model published by Yale economist Ray Fair. A second favored tool is the Iowa Electronic Market…
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Politics Versus the Market. Forbes, April 26, 2004
This article discusses the relationship between politics and the current state of the economy. What can we blame for the interruption in the stock market's recovery this winter?
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Going Up? Time, Feb. 23, 2004
Read what impact the growing deficit might have on the Fed changing interest rates and how this might effect the elections.
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The Economy: Economists, Bush Disagree on Jobs. Wall Street Journal, Feb. 13, 2004
The Wall Street Journal reports on a survey of 55 economists working for private firms, concerning the growth of the job market.
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Why John Kerry Worries the Street. CNN/Money, Feb. 4, 2004
The perception of Massachusetts Senator John Kerry's potential "electability"as a presidential candidate makes him both Wall Street's most alluring and most dreaded Democratic contender.
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Bush Unveils Budget Package of $2.4 Trillion; Funding for Iraq is Put Off Amid Cuts to Popular Items; Deficit Tops $500 Billion. Wall Street Journal, Feb. 3, 2004
The author offers some observations and conjectures about the bearing of the recent scandals on the literature of business ethics.
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