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The Presidency

Jeffrey Cohen, Fordham University - Bronx
David Nice, Washington State University - Pullman

The President and Economic Policy Making

End of Chapter Questions


1		Discuss the evolution of economic policy making responsibility in the presidency. When and why did the presidency assume so much responsibility for making economic policy?



2		Discuss the institutionalization of economic policy making within the executive. What does this tell us about the modern presidency in comparison to the premodern presidency? How effectively is economic policy making institutionalized in the executive?



3		How much leeway does the president possess to make economic policy outside of these institutional bodies that also hold economic policy making responsibility?



4		What are the major units of the economic subpresidency? Compare their missions and the advice that they offer the president. Which have been most important to the president over time? How able is the president to influence these advising bodies?



5		Describe the development of the budget process. What factors have led to changes in the way budge is made at the federal level? How has the president’s influence over budget making been affected by changes in the budget process?



6		Discuss the evolution of the budget office. Where has if been located in the federal executive? Why has it been moved? Why was it renamed from the Bureau of the Budget to the Office of Management and Budget? What else was changed with its renaming? What role does the OMB now play in budgeting and other policy areas for the president?



7		What are the major tensions between the president and Congress over budget policy? How do economic conditions, deficits and surpluses, and politics affect those tensions?eficits and surpluses, and politics affect those tensions?

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