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once inflation takes hold there is not much BO can do about it!


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Exactly. The president has less effect on the economy than most believe, positive or negative.

 

Less immediate effect but the policies they promote and convince others to go along with can have a long term effect. CRA, QE, Obamacare, Stimulus legislation, budget deficit, etc. to name a few.

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Exactly. The president has less effect on the economy than most believe, positive or negative.

Unless of course your spearheading massive dependent class programs like socialized health care that will send the our countries debt to unacceptable levels. Also causing Obama and his idiot comrades to soak the private sector to try to pay for it. No, this won't have any effect at all on the economy.

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Unless of course your spearheading massive dependent class programs like socialized health care that will send the our countries debt to unacceptable levels. Also causing Obama and his idiot comrades to soak the private sector to try to pay for it. No, this won't have any effect at all on the economy.

 

More of the same. The right and left have been spending like drunks forever. Obama can spearhead all he wants: If Congress would stand up to him, he'd be stymied.

 

The Bushes were horrific spenders and no one stood up to them either.

 

The economy is undoubtedly affected by what the government does but the government has less effect than most people think.

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