Is there a \"lag\" period in economic policy between presidents? For example, ov
ID: 1113185 • Letter: I
Question
Is there a "lag" period in economic policy between presidents? For example, over 4 years of a presidents term, how much of the economy's growth (or contraction) is due to the sitting president, and how much is the past president responsible? Is there a generally accepted time period for when the past presidents economic agenda starts to "die out" and the new presidents policy starts to take hold? Is there a "lag" period in economic policy between presidents? For example, over 4 years of a presidents term, how much of the economy's growth (or contraction) is due to the sitting president, and how much is the past president responsible? Is there a generally accepted time period for when the past presidents economic agenda starts to "die out" and the new presidents policy starts to take hold?Explanation / Answer
Yes, there is a lag period in economic policy between presidents. Suppose a policy is framed with the full effective results occuring into years to come . This may take more than 4 years. Suppose government iniatated complete immunization program for newborns , pregnant and lactating women . So immunization program may go for more than 4 years . This is because it takes how to target the population , how to finance the program , which areas to cover in first phase and areas to be covered in latter phases.
Yes, different Presidents has different views on economic conditions prevailing in America. Everyone has different remedy to problems prevailing in America . So the time period for which a President is in office is generally accepted time period when past Presidents economic agenda starts to die out and the new presidents policy to take hold .
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