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- Economic_policy_of_the_George_W._Bush_administration abstract "The economic policy of the George W. Bush administration was a combination of tax cuts, expenditures for fighting two wars, and a free-market ideology intended to de-emphasize the role of government in the private sector. He advocated the ownership society, premised on the concepts of individual accountability, less government, and the owning of property.During his first term (2001–2005), he sought and obtained Congressional approval for tax cuts: the Economic Growth and Tax Relief Reconciliation Act of 2001, the Job Creation and Worker Assistance Act of 2002 and the Jobs and Growth Tax Relief Reconciliation Act of 2003. These acts decreased all tax rates, reduced the capital gains tax, increased the child tax credit and eliminated the so-called "marriage penalty", and were set to expire in 2011.The last two years of his presidency were characterized by the worsening subprime mortgage crisis, which resulted in government intervention to bail out damaged financial institutions and a weakening economy.The U.S. national debt grew significantly from 2001 to 2009, both in dollar terms and relative to the size of the economy (GDP), due to a combination of tax cuts and wars in both Afghanistan and Iraq. Budgeted spending under President Bush averaged 19.9% of GDP, similar to his predecessor President Bill Clinton, although tax receipts were lower at 17.9% versus 19.1%.".
- Economic_policy_of_the_George_W._Bush_administration wikiPageID "8976498".
- Economic_policy_of_the_George_W._Bush_administration wikiPageRevisionID "604144763".
- Economic_policy_of_the_George_W._Bush_administration hasPhotoCollection Economic_policy_of_the_George_W._Bush_administration.
- Economic_policy_of_the_George_W._Bush_administration subject Category:Presidency_of_George_W._Bush.
- Economic_policy_of_the_George_W._Bush_administration subject Category:Public_economics.
- Economic_policy_of_the_George_W._Bush_administration subject Category:United_States_economic_policy.
- Economic_policy_of_the_George_W._Bush_administration comment "The economic policy of the George W. Bush administration was a combination of tax cuts, expenditures for fighting two wars, and a free-market ideology intended to de-emphasize the role of government in the private sector.".
- Economic_policy_of_the_George_W._Bush_administration label "Economic policy of the George W. Bush administration".
- Economic_policy_of_the_George_W._Bush_administration sameAs Q5333531.
- Economic_policy_of_the_George_W._Bush_administration sameAs Q5333531.
- Economic_policy_of_the_George_W._Bush_administration wasDerivedFrom Economic_policy_of_the_George_W._Bush_administration?oldid=604144763.
- Economic_policy_of_the_George_W._Bush_administration isPrimaryTopicOf Economic_policy_of_the_George_W._Bush_administration.