TY - BOOK AU - Wood,B.Dan TI - The Politics of Economic Leadership: The Causes and Consequences of Presidential Rhetoric SN - 9780691225623 PY - 2022///] CY - Princeton, NJ : PB - Princeton University Press, KW - POLITICAL SCIENCEĀ / American Government / Executive Branch KW - bisacsh KW - Annual Economic Report of the President KW - Barrett, Andrew KW - Blumenthal, Sidney KW - Brace, Paul KW - Bureau of Economic Analysis KW - Bureau of the Budget KW - Canes-Wrone, Brandice KW - Chappell, Henry W KW - Clark, Harold D KW - Council of Economic Advisors KW - Druckman, James N KW - Economic Report to Congress KW - Erickson, Robert S KW - Federal Reserve Board KW - GDP (Gross Domestic Product) KW - Gergen, David KW - Great Depression KW - Greenstein, Fred KW - Gross Domestic Product (GDP) KW - Heclo, Hugh KW - Hinckley, Barbara KW - Iran hostage crisis KW - Jacobs, Lawrence R KW - Keech, William P KW - Kernell, Samuel J KW - Keynesian economics KW - Machiavelli, Niccolo KW - Mueller, John KW - National Economie Council KW - Norpoth, Helmut KW - Omnibus Budget Reconciliation Act KW - Page, Benjamin I KW - Peake, Jeffrey KW - Ragsdale, Lyn KW - Roosevelt, Theodore KW - Stimson, James A KW - Treasury Department KW - WCALC KW - Welch, Reed KW - Wilson, Woodrow KW - economic growth KW - elections KW - energy crisis KW - executive orders KW - inertia KW - institutional prerogatives KW - intensity of economic rhetoric KW - misery index KW - reverse causality as factor KW - scandals KW - stagflation KW - systematic relationships N1 - Frontmatter --; Contents --; Illustrations --; Tables --; Preface --; CHAPTER 1 Presidential Words and the Economy --; CHAPTER 2 Measuring the Intensity and Tone of Presidential Rhetoric about the Economy --; CHAPTER 3 What Determines the Intensity and Tone of Presidential Rhetoric on the Economy? --; CHAPTER 4 Four Cases of a President's Rhetorical Leadership of the Economy --; CHAPTER 5 Do Presidents Affect Public Approval of Their Job Performance through Economic Rhetoric? --; CHAPTER 6 Does Presidential Rhetoric on the Economy Affect Economic Behavior and Performance? --; CHAPTER 7 Why Should We Care about Presidents' Economic Rhetoric? --; Notes --; References --; Index; restricted access N2 - The American president is widely viewed by the public and media as the nation's single most influential political and economic figure. But social scientists have often concluded that presidential words fall "on deaf ears" or have little lasting impact on policy or public opinion. Then why did Bill Clinton make 12,798 public references to the economy during his eight years in office compared with Harry Truman's mere 2,124 during his own two terms? Why George W. Bush's 3,351 remarks during his first term? Did all these words matter? The Politics of Economic Leadership is the first comprehensive effort to examine when, why, and how presidents talk about the economy, as well as whether the president's economic rhetoric matters. It demonstrates conclusively that such presidential words do matter. Using an unprecedented compendium of every known unique statement by U.S. presidents about the economy from World War II through the first George W. Bush administration, Dan Wood measures the relative intensity and optimism of presidents' economic rhetoric. His pathbreaking statistical analysis shows that presidential words can affect everything from approval of the president's job performance to perceptions of economic news, consumer confidence, consumer behavior, business investment, and interest rates. The impacts are both immediate and gradual. Ultimately, Wood concludes, rhetoric is indeed a tool of presidential leadership that can be used unilaterally to affect a range of political and economic outcomes UR - https://doi.org/10.1515/9780691225623?locatt=mode:legacy UR - https://www.degruyter.com/isbn/9780691225623 UR - https://www.degruyter.com/document/cover/isbn/9780691225623/original ER -