Sixty-five percent of top U.S. economics faculty give Bush’s economic policies ‘poor’ rating
Weatherhead School of Management at Case surveys top 30 economics departments around the country
November 1, 2004 | For more information: Susan Griffith (216)-368-1004
 Sixty-five percent of respondents to a survey of college economics faculty at the top 30 economics departments in the country gave President George W. Bush’s economics policies an overall rating of “poor,” according to a survey conducted by Mark Votruba, assistant professor of economics at the Weatherhead School of Management at Case Western Reserve University.
Eighty-seven percent of respondents thought Bush’s series of tax cuts, championed by the administration as the right solution to a sluggish U.S. economy, were poorly designed to provide fiscal stimulus.
“The results were striking,” Votruba said. “It was clear that the majority of surveyed economics experts in the top collegiate economics departments believe the president’s policies are not what the nation needs.”
When asked which candidate would be more beneficial to an average elderly American, respondents choose Kerry by a margin of 16-to-1. For a family of four earning $50,000 a year, the margin was 14-to-1. For a new college graduate entering the workforce, the margin was 5-to-1.
Survey respondents consisted of 319 economics faculty in the top 30 U.S. economics departments. Respondents favored Sen. John Kerry’s economic policy over Bush’s as better across a range of economic issues including job growth, management of the federal deficit and long-term economic growth.
The survey had a response rate of 31 percent.
Full results of the survey can be found at http://www.chrp.org/election2004/results.asp
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