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Economic Report of the President

By Government Printing Office

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Book Id: WPLBN0000082151
Format Type: PDF eBook
File Size: 2.7 MB
Reproduction Date: 2005

Title: Economic Report of the President  
Author: Government Printing Office
Volume:
Language: English
Subject: Government publications, Legislation., Economic & political studies
Collections: Government Library Collection, Government Printing Office
Historic
Publication Date:
Publisher: Government Printing Office

Citation

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Office, G. P. (n.d.). Economic Report of the President. Retrieved from http://www.worldlibrary.in/


Description
Government Reference Publication

Excerpt
Excerpt: The economy is recovering from the effects of the slowdown that began in the middle of 2000 and led to the subsequent recession. The American economy has been hit hard by the events of the past three years, most tragically by the effects of the terrorist attacks of September 11, 2001. Our economy and investor confidence were hurt when we learned that some corporate leaders were not playing by the rules. The combined impact of these events, along with the three-year decline in stock values that impacted business investment, slowed growth in 2002. Despite these challenges, the economy’s underlying fundamentals remain solid-including low inflation, low interest rates, and strong productivity gains. Yet the pace of the expansion has not been satisfactory; there are still too many Americans looking for jobs. We will not be satisfied until every part of our economy is vigorous and every person who wants a job can find one. We are taking action to restore the robust growth that creates jobs. In January, I proposed a growth and jobs plan to add needed momentum to our economic recovery. We will accelerate the tax relief already approved by Congress and give it to Americans now, when it is most needed. Lowering tax rates and moving more Americans into the lowest tax bracket will help our economy grow and create jobs. Faster marriage tax relief and a faster increase in the child tax credit will especially help middle-class families, and should take effect now. We will take steps to encourage small business investment, helping them to expand and create jobs. We will end the unfair double taxation of corporate income received by individuals. By putting more money back in the hands of shareholders, strengthening investor ...

Table of Contents
C O N T E N T S ECONOMIC REPORT OF THE PRESIDENT............................................... ANNUAL REPORT OF THE COUNCIL OF ECONOMIC ADVISERS*...... OVERVIEW....................................................................................................... CHAPTER 1. MACROECONOMIC PERFORMANCE IN 2002................... CHAPTER 2. CORPORATE GOVERNANCE AND ITS REFORM .............. CHAPTER 3. POLICIES FOR DYNAMIC LABOR MARKETS ..................... CHAPTER 4. REGULATION IN A DYNAMIC ECONOMY......................... CHAPTER 5. TAX POLICY FOR A GROWING ECONOMY........................ CHAPTER 6. A PRO-GROWTH AGENDA FOR THE GLOBAL ECONOMY.................................................................................................... APPENDIX A. REPORT TO THE PRESIDENT ON THE ACTIVITIES OF THE COUNCIL OF ECONOMIC ADVISERS DURING 2002............ APPENDIX B. STATISTICAL TABLES RELATING TO INCOME, EMPLOYMENT, AND PRODUCTION...................................................... 1 5 15 27 73 109 135 175 213 257 269 * For a detailed table of contents of the Council’s Report, see page 9 Page Economic Report of the President | iii

 

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