The President and ruling party certainly have a major impact on the economy. Psychologically if nothing else. Thats why it does so poorly during every Republican administration. From Regan, Bush Sr. and now Bush Jr. Poor economies in every case.


Analyst wrote:
On 5 Mar 2006 at 17:55, Gary VanderMolen wrote:

  
Contrary to popular opinion, neither the political party in power nor
the president has much control over the general US economy. Economic
cycles wax and wane, based on many factors so complex that no one can
forecast them with any assurance.
    

That's merely a myth.


Vince




  

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