The Role of the Economy in Presidential Elections

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The Role of the Economy in Presidential Elections
There are many factors that can influence a presidential election in the United States. One of the most important factors is the economy. It is always one of the top debate topics which candidates must pay close attention to. What makes it such an important issue is that it does not matter what state the economy is. Whether it is in good shape or bad shape, it is still going to play a major role. However, if the economy is suffering than is going to be an even bigger talking point. When the economy is not doing well, voters become more concerned about it, which means that the candidates need to have a good plan on how to fix it. Otherwise, they will lose a lot of support. People are always concerned with money, which is why the state of the economy always plays a role in presidential elections. Although, how big of a role it plays does vary. Even though it does vary, it is always going to be an important issue in presidential elections. Money and our economy are things that voters are always going to be concerned with. That is why in this paper I am going to discuss the role of the economy in presidential elections by comparing and contrasting its role in the 2008, 2004, and 2000 elections. In doing so I will show that the economy plays a major role in presidential elections, but that that role does vary depending on the state of the economy.

The 2008 United States presidential election was a very exciting and ground breaking one. There were many issues that played an important role in this election, but one of the biggest was the economy. It played the biggest role in this election compared to the 2004 and 2000 presidential elections. It was considered one of the central issues of the election. The reason why it was such a big issue is the fact that the economy is in the worst shape it has been in since the Great Depression. This caused it to be a central issue which meant that each candidate was going to have to make sure that they had a solid economic plan. Both of their plans needed to appeal to the voters. Each candidates plan on how to help out the economy was one of the first things that people would look at. The United States has the biggest deficit that it has ever had. This played into what plan each candidate came up with. It caused the candidates to change their stance on some issues. For example, Obama has plans to create a national healthcare system for those who cannot afford it (Skarda 2008 1). However, due to the fact that the deficit is so great, this plan would call for increased spending which would only add to the deficit. He then said that he would wait for the market to begin to stabilize before he would implement his plan. During a time of economic crisis like this, it is important for candidates to not have any plans to raise taxes. This would result in making them unpopular. It is something that they need to pay close attention to. Many people become unsure in times of such economic crisis and are going to look to the candidate who they believe has the best plan and seem the most confident in carrying out that plan. The candidates needed to make this a top priority because the country is in tough times economically it becomes a major issue. Under these circumstances, people continue to grow unsure of the economy and their own future. They do not know whether or not they are going to lose their job, be able to pay their bills, or even support their family. So when it comes to deciding which candidate to vote for, they are going to look at what each candidate’s plan to fix the economy is. They are going to want to vote for the candidate who seems most concerned about fixing the economy. As a result of all this, the economy played a very big role in the 2008 presidential election as it was one of the top, if not the top issue in the election. Also it played a much bigger role when compared to the 2004 and 2000...
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