During the Presidential race a citizen would assume that the President is in charge of the economic health of the nation. If you listen to the radio. watch TV or read the papers you know what I mean.
The Democrats are uniformly complaining about Bush and what he has done to ruin our economy. They moan and groan about how good it was under Clinton and how bad is has been under Bush. Now they are promising to bring back prosperity as soon as they pull the Federal Government away from the bad man Bush.
But go back to Economy 101 and Political Theory 001 to examine the facts. Neither Clinton or Bush has much effect on the economy. That Branch of the Government is not powerless but almost powerless to do anything about whether the economy is strong or weak.
The federal Reserve has some influence as does Congress but not the President. Sure, a President can lead cheers and suggest ideas but the major levers of the economy are in the hands of others. So, despite what the Democrats say, there have been 55 straight months of record setting economic growth under Bush. So, should Bush get the credit? Nope. Some, for pushing tax cuts, I suppose, but not much. The Congress cuts taxes not the President.
Now we are in a bad economic slump. Is it the fault of Bush? Nope, he did not cause banks to lend money to people who cannot pay their mortgages. Greedy banks and other lenders took too many chances but Bush was not a banker.
Our unemployment is still very low, even in Ohio. Is Mr. Bush the man who did that? Nope. So, be sensible and vote for your favorite. Just don't expect miracles.
I have a favorite in the election but if he/she wins our problems will not disappear. There will be radicals and terrorists and economic greed and bad guys until Jesus returns. However, He is not running for office.
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