Grade Richard M. Nixon’s Economic Policy:Economics relate to…
Grade Richard M. Nixon’s Economic Policy:Economics relate to the president’s handling and management of the country’s economy, labor relations, taxes and tariffs, domestic and foreign trade, business regulations, protections for workers, the American standard of living, and the federal budget (government expenditures and deficits). When examining a president’s handling of the economy, consider the economic situation inherited by the president (for example, consider if the economy and economic issues improve or decline during the person’s presidential tenure). Try to evaluate how the president responds to the economic situation of the era – does this person effectively address economic problems like inflation or unemployment during economic crises? – Does this person manage the economy well during an economic boom? Keep the context in mind as you assign this grade.