> Jim wrote: > I can't agree more. Presidents have much less control than most people > think AND many aspects of budgeting at this level take years or decades to > bubble to the surface. >
Without veering way off thread, there are 2 throttles to the economy: fiscal policy and monetary policy. The Pres & congress control the fiscal policy and the Fed controls monetary. While the degree of control an individual President has over fiscal policy varies, no recent President has had as much control as this one. For example, this President has tossed hundreds of billions at the war in Iraq even though Congress didn't declare war and the President sold it on arguably shaky grounds. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Find out how CFTicket can increase your company's customer support efficiency by 100% http://www.houseoffusion.com/banners/view.cfm?bannerid=49 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:154740 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
