POL326Y1 Lecture Notes - Lecture 14: George W. Bush, Marshall Plan, Watergate Scandal

30 views4 pages
21 Jan 2015
School
Course
-Democrats tends to be more protectionist-democrat dominance in the Senate
-Economic policy in U.S. had generally been the dominant policy category throughout the 19th
century
-aims of federal gov’t were to expand the American economy & opportunities for American
businesses abroad
-foreign policy was generally given less importance
-those who managed were generally mistrusted (state department)
-set of priorities shifted during Cold War-made national security high policy and economic policy
of lesser importance
-but both policies can be intertwined i.e. Marshall Plan and NC-68
-came in turn to end with the collapse of the Soviet Union & the Cold War consensus
-economic policy again took center stage (George Walker Bush & Bill Clinton)
-George Walker Bush viewed as being extremely successful president in terms of foreign policy
(by general public in U.S.)
-had engaged in the invasion of Panama and the repelling of Iraqi forces from Kuwait-in both of
those U.S. achieved its goals fairly quickly and to little expense of American taxpayers\
-Bush had extremely high approval ratings as a result
-people considered him as a shoe-in for re-election
-But Bill Clinton won as a leader of the Democratic Party
-viewed economic policy as a weak point of Bush administration (bread and butter issues
concern most voters)
-largely that campaign that won Bill Clinton the election
-he expanded the economic bureaucracy through the creation of the national economic council
-aimed to coordinate the activities of the various executive branches in terms of economics
-has provided the president with a set of advisors that focus solely on economic issues
-Economic policy has always been central to American foreign policy
-One of the first military ventures in U.S. was conflict with barbaric pirates
-in 1815 defeated them
-won of the earlier American military victories by the marines
-sticky power-American consumer market
open door policy-china open to trade with all western powers
Washington consensus-set of economic policies U.S. has supported throughout the world
Unlock document

This preview shows page 1 of the document.
Unlock all 4 pages and 3 million more documents.

Already have an account? Log in

Get OneClass Notes+

Unlimited access to class notes and textbook notes.

YearlyBest Value
75% OFF
$8 USD/m
Monthly
$30 USD/m
You will be charged $96 USD upfront and auto renewed at the end of each cycle. You may cancel anytime under Payment Settings. For more information, see our Terms and Privacy.
Payments are encrypted using 256-bit SSL. Powered by Stripe.