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Originally Posted by Stompy
Yeah, I've never been a firm believer in the thought that any ONE person can dictate and control the entire economy.. as if he's sitting behind a desk putting one of two buttons that read "Create more jobs" "Take more jobs".
It's the product of what every politician does, what laws they make and break, general state of the world, etc...
A lot of people say "Bush destroyed jobs" while others say "Bush got stuck with the after effects of Clinton" etc etc... it's all BS, because I'm sure EVERY President in history would LOVE to magically be able to create jobs for people. It's not like he's sitting back sayin, "Hehe, I just took a million jobs away! My plan succeeded!"
The thing is, it's not easy and it's most certainly not the work of ONE person.
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I believe that the current president has control over public perception of the economy's well-being. His policies encourage or discourage people to have faith in the long-term health of an economy and encourage or discourage spending/consuming/production/etc.
That's at least one direct effect I would attribute to the sitting president.
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