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Essay / Research Paper Abstract
This 5-page paper focuses on Democratic presidential nominee John Kerry, his economic plan, and how it would impact financial markets (and the economy) if implemented. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: D0_MTkereco.rtf
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Unformatted sample text from the term paper:
Though the U.S. economy seems to be recovering from its huge slump of the early 2000s, there are still concerns. For one thing, the "offshoring" of jobs overseas is a
huge concern among many U.S. workers. Also, the federal deficit, which was down to a pittance when George W. Bush took office, has also ballooned (and economists have varied reasons,
although paying for the war on terror hasnt helped much). The question here is, are Democratic nominee John Kerrys economic plans any
stronger than those Bush has in place? If Kerry were elected, how would his economic plans impact the economy and financial markets?
Clearly, the answers to these questions are speculative, but as can be imagined, most economists are paying close attention to what could happen in the event of a Kerry presidential
victory. Before determining what the impact of his economic plan would be, however, it would be helpful to outline it in the
first place. In its most basic form, the Kerry economic plan would involve (JohnKerry.com, 2004): 1. Creation of approximately 10 million jobs
2. Cutting middle class taxes/reforming corporate taxes 3. Balancing the budget
4. Re-start job growth The goal of such a plan, notes the Kerry campaign, is to eliminate
tax breaks that send companies overseas - when companies remain in the U.S., they tend to create more jobs (JohnKerry.com, 2004). Additionally, cutting taxes on the middle class (and closing
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