[FoRK] Fed Makes Emergency 0.75% Rate Cut
Russell Turpin
<deafbox at hotmail.com> on
Tue Jan 22 20:18:00 PST 2008
J. Andrew Rogers:
> I always found it odd to blame a President for an economy -- for
> good or bad -- when it is almost entirely Congress that has control
> over these things to the extent that the government has control
> over the direction of the economy at all.
For the six years prior to last, Bush had a trained dog Congress
that pretty much gave him the legislation he wanted. Even if that
had not been the case, the president's power give a large say in
the course of legislation. How much that affects the economy is, as
you point out, another issue.
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