Economic Actors, Economic Behaviors, and Presidential Leadership

The Constrained Effects of Rhetoric

AvC. Damien Arthur

Inbunden, Engelska, 2014

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Beskrivning

There is considerable disagreement about whether the U.S. president has a direct and measurable influence over the economy. The analysis presented in Economic Actors, Economic Behaviors, and Presidential Leadership: The Constrained Effects of Rhetoric suggests that while presidents have increased their rhetoric regarding the economy, they have not had much success in shaping it. 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 to everyone and toe the party-line to their base. Arthur presents an overview of economic rhetoric from the presidential office that will be of interest to scholars of the economy and political communication.

Produktinformation

Utgivningsdatum:2014-07-22
Mått:162 x 236 x 18 mm
Vikt:417 g
Format:Inbunden
Språk:Engelska
Serie:Bloomsbury Studies in Political Communication
Antal sidor:180
Förlag:Bloomsbury Publishing Plc
ISBN:9780739187838

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C. Damien Arthur is assistant professor of political science at West Virginia State University.

Recensioner i media

Notwithstanding Richard Neustadt's assertion that presidential power is the power to persuade, Arthur demonstrates empirically that presidents are not very effective when they attempt to persuade key economic actors. Relying on content analysis of speeches, Arthur examines presidential rhetoric and its effect on the economy. While presidents have increasingly tried to use persuasion to build support for their policies, the author finds that rhetoric has little impact on the Federal Reserve's actions, Congress, or the public's perceptions of the economy. Indeed, the author suggests that congressional committees may have more influence over the Fed than the president. Arthur also finds, paradoxically, that presidents are often less likely to talk about the economy when times are bad (Barack Obama being a notable exception). Arthur concludes that 'presidential rhetoric on the economy is, at best, a tool presidents use to appear concerned about the economy to everyone and toeing the party-line to their base.' This work provides empirical evidence to support what many have long suspected: that presidential talks about the economy are just talk. Summing Up:Recommended. Upper-division undergraduate, graduate, and research collections.

Innehållsförteckning

Chapter 1: Presidential Rhetoric and the EconomyChapter 2: Ascertaining Presidential Influence with Economic ActorsChapter 3: Presidential Rhetoric and the Federal ReserveChapter 4: Presidential Rhetoric and Public PerceptionsChapter 5: Congressional Actions as Preeminent Economic LeadershipChapter 6: Conclusions