|
I guess we're back again to the topic of how much does the President control the economy. Since he doesn't, the unemployment rate, poverty rate, and median income have no relevance to the discussion. But alas, some people continue to believe the President reigns supreme and can dictate the course of the economy.
Interesting that many of those same people claiming the Pres can impact the economy point to the tax cut as being the reason the economy grew at such an incredible rate in the 3rd quarter of 2003. Now, if this tax cut only went to the rich, how could it possibly have had such an impact?
Of course people who don't pay much in taxes won't get much relief when it comes to a tax cut.
As far as Bush being a boon to the working man, again, he has no real impact on the economy. The billions of dollars Bush has added to government spending is dwarfed by the size of the economy. Increased manufacturing, while slightly impacted by Bush's spending, is due to the perception that demand is increasing due to a strengthening economy.
Everything good that happens isn't because Bush is a genius, just as everything bad that happens isn't because Bush is the anti-christ.
__________________
Strive to be more curious than ignorant.
|