Many apparently believe that the US President uses magical levers to control the economy. Apparently Reagan and Clinton pushed the levers to “full steam ahead,” but Bush I and Bush II chose to pull the levers back to “slow.” It’s all Bush’s fault that we’re barely emerging from a recession, right?
Bull corn! What silly logic. Suddenly we forgot the hangover from the irrational exuberance of the late ’90s, 9-11, and general global instability? Somehow the current President is entirely to blame for these? Ever heard of something called the business cycle?
If presidents really had such clearly-labeled levers to pull, then every president in history, regardless of party, would prevail over an expanding economy.