DislikedYou're absolutely right JugHead. He is a politician and all politicians are exactly the same. The will say anything to anyone if they feel it will get them more votes. Unfortunately nowadays honest politicians don't get elected.Ignored
To be fair about it, for all the finger pointing and name calling, i'm yet to see anyone provide me with any significant proof that any president has the authority or ability to enact policy that affects the economy.
The president doesn't write or vote on bills. Now, he MAY veto them... so i suppose in this way a president could influence certain economic policy... but congress can alway override that veto if they feel strongly about some particular economic policy.
Everyone always blames the president.... especially new/old presidents, lol
during the bush/gore (or was it kerry...) florida voting problems, we didn't even HAVE a president for a while really, lol...and things went along just fine.
and besides, anyone with real economic power would have change the economy to make it better. Bush would have...and so would obama. they would LOVE to get the credit for actually making things good.
but, they can't. and if you ask me, if we had someone who had not passed the trillions in bailout funds, etc... it wouldn't have made a difference. maybe we would be worse off.... maybe a bit better...but it would still basically suck.
until the overextention of credit issued in large part to fund real estate transactions is purged from the world wide, interconnected, capitalist system... nothing anyone can do, be them a head of state, a leading member of a central bank, or the worlds greatest living economist, to prevent the overall downward spiral of the world economy until the debt is purged.
and this time...it's worse than it ever has been before.
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