12-11-2020, 09:52 PM
Wait, are you talking about the recession we are already in?
Edit: my bad, we had growth in Q3.
In all seriousness, though, there are things presidents do that impact the economy, but the president's role in the economy is not as great as many people like to think it is. Even what Benton pointed out, that was also the responsibility of Congress for passing the tax cuts and what not. The economic indicators have been pointing to a looming recession for a while, now.
Edit: my bad, we had growth in Q3.
In all seriousness, though, there are things presidents do that impact the economy, but the president's role in the economy is not as great as many people like to think it is. Even what Benton pointed out, that was also the responsibility of Congress for passing the tax cuts and what not. The economic indicators have been pointing to a looming recession for a while, now.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
