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.
by tobey1007 years ago
Glad you asked but, the loss of confidence and associated distrust is not only in Obama but in many of our national and cultural entities such as the media, colleges and universities, and numerous, if not all,...
by Norma Lawrence12 months ago
Why are people so afraid of Trump becoming President?Do they think he might do good and make the country great again. The U.S. is no longer a world leader in much of any thing. Some countries call us a third...
by TheWorldNow16 months ago
Why do so many Americans hate America? And if they hate it so much why don't they just leave?One thing that really bothers me is the way some Americans seem to hate everything about America. I'd just like to ask them:...
by ReddiWhip0076 years ago
While he was campaigning to become president back in 2008, he said that he would in his FIRST year, take $1 trillion dollars off of Americas debt, which clearly did not happen. The economy has not gotten better, he...
by Thomas Byers5 years ago
Rev. Jackson pointed out that their is no debate in the Presidential Debates about the Poor, the Homeless, and the Hungry. Are both of our Presidential Candidates ducking the important issues? What do you think?He also...
by Cagsil6 years ago
Hey Americans,Just curious what you think. Is it time for America to close it's borders, shutdown economic aid around the world, build it's infrastructure, such as more stable housing complex, more structure...
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.