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Article: Fiscal Policy and Presidential Elections: Update and Extension.
- Article from:
- Presidential Studies Quarterly
- Article date:
- June 1, 2000
- Author:
CopyrightCOPYRIGHT 2000 Center for the Study of the Presidency. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to two articles previously published in this journal, fiscal policy exerts a predictable effect on the outcome of presidential elections in the United States (Cuzan and Heggen 1984; Cuzan and Bundrick 1992). It appears that, independent of economic conditions, fiscal restraint is rewarded but fiscal expansion is rejected at the polls. These findings are consistent with those of William Niskanen (1975, 1979) and Sam Peltzman (1990, 1992), the only other scholars, both economists, who have explored the impact of fiscal policy on American presidential elections.(1)
This article updates, deepens, and extends the earlier work. The 1992 and 1996 elections are ...