...not be also true that? a president can not break the economy?
Im fine with the first statement, as long as the second holds true... Which believe it or not would make you a republican...
awww lol, even less sense to be honest. The Executive branch is responsible for enforcement to. SEC ring any bells? Federal Reserve policy? not being mean but.... you are way off... The president has far more control than you know.
So the Federal REserve does not control the interest rates? and the SEC does not turn a blind eye to blatantly illegal activities and ratings (CDS for example)?
The president has little influence over the economy (to fix it or to break it) because the president does not make laws. It goes down to the branches of government. The president signs or vetoes laws but he does not originate them. It's not his (or her if the case may one day be) job. And no that does not make me a republican it makes me someone who paid attention in civics class.
Added - No, he doesn't. Candidates might pretend they do during an election but even the regulators don't have a fraction of the influence over the economy that the individual corporations and banks themselves do. The US economy is still incredibly unregulated. Even now that companies are making more profits they still aren't hiring at pre-recession levels because they have found out they can still operate with fewer employees which means more profits for them. And the biggest problem with the economy is that a few entities control most of the wealth and will either have to be a) broken up by the government or b) fail on their own and reorganize.
The president has little influence over the economy (to fix it or to break it) because the president does not make laws. It goes down to the branches of government. The president signs or vetoes laws but he does not originate them. It's not his (or her if the case may one day be) job. And no that does not make me a republican it makes me someone who paid attention in civics class.
Added - No, he doesn't. Candidates might pretend they do during an election but even the regulators don't have a fraction of the influence over the economy that the individual corporations and banks themselves do. The US economy is still incredibly unregulated. Even now that companies are making more profits they still aren't hiring at pre-recession levels because they have found out they can still operate with fewer employees which means more profits for them. And the biggest problem with the economy is that a few entities control most of the wealth and will either have to be a) broken up by the government or b) fail on their own and reorganize.
