Why do Americans think the president has the say on the performance of the economy?
Watch the documentary called "The Warning" on PBS in Google.
Notice how Greenspan (former fed chairman) is noted as saying the government has no business regulating even "FRAUD", because the "markets" will take care of it.
These people control economic policy. They set the benchmark interest rates that affect everyone who has debt.
Most people owe money -- on a mortgage, student loan, car note, credit card, etc.
Who do you think holds more sway over the economy? We got a lot to learn if we think the president has any more power than 2 take credit 4 good times and lay blame for bad times.
Our American President in most cases has very little say in what goes on. When one party controls congress and one party controls the senate a president pretty much can't do anything.
Wat u say is true b/c it's about debate over potential stim funds. The pres want stim funds to stim a down economy -- to mitigate damage. Overall, the econ will stay bad nway. When it recovers, it wont b b/c of the pres. Point: pres can't affect econ
What Americans is that then, Mexicans, and the president of Mexico, or one of the other, many American countries, north or south, that have a president as head of state?
Mmm, or perhaps United Statsians. For a citizen of the US to call himself American, Is no different than a Nigerian, calling himself, African. It just means a native of the continent of America, which like Africa is vast with many countries.
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