Barack Obama and the Bush Tax Cuts (A)

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.

Case

Reference no. 9-709-037

Subject category: Economics, Politics and Business Environment

Authors: Matthew C Weinzierl (Harvard Business School); Eric Werker (Harvard Business School)

Published by: Harvard Business Publishing

Originally published in: 2009

Version: 24 October 2011

Revision date: 9-Nov-2011

Length: 27 pages

Data source: Published sources

Topics: Balance sheets; Business and Government relations; Decision making; Economics; Federal government; Finance and investing; Financial crisis; Tax policy

Share a link: https://casecent.re/p/86481

| No reviews for this item

This product has not been used yet

View our pricing guide or login to see prices.

Abstract

As his inauguration approached, President-Elect Obama faced a financial sector meltdown, a costly bailout, and massive government deficits. With the economy in recession, interest rates near zero, and joblessness on the rise, Obama needed to decide whether, and how much, to use fiscal stimulus to resuscitate the economy. To help students understand Obama's options, the case reviews both the recent tax cuts under President George W Bush, including the supply-side and demand-management justification given for them, and the broad history of fiscal policy in the United States.

Location:

United States

Size:

2,700,000 employees, USD2.6 trillion

Other setting(s):

2001-2008