Government and the Economy
Examines the manner in which the president, the Federal Reserve Chairman, the SEC Commissioner, and the attorney general can influence the U.S. economy.
# 32086 | 2,400 words | 6 sources | 2002 |
Published on Sep 22, 2003 in Political Science (U.S.) , Political Science (Fiscal Policy (economy)) , Economics (General)
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One of the most important aspects of the structure of the US government is there is no single authority controlling or commanding the economy. This structural decision allowed for the creation of the free-market system in its current incarnation. No single person or institution can have an over-riding effect on the performance of the economy as a whole. However, there are a number individuals who can, to a greater or lesser degree, have an effect on the economy. This brief paper will examine the following four such figures: (1) the president, (2) the Federal Reserve Chairman, (3) SEC Commissioner, and (4) the attorney general.
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