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Politics : Formerly About Advanced Micro Devices
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To: SilentZ who wrote (161671)2/19/2003 11:43:16 PM
From: i-node  Read Replies (1) of 1576862
 
So all recessions happen during Republican administrations, but they're the fault of the Democrats, and all the good times happen during the Democratic administrations, but they're due to the Republicans. Makes sense.

This isn't true. During the Reagan years, the economy surged. It wasn't Reagan's responsibility. It was about business cycles. During Carter's administration, the economy was HORRIBLE. It wasn't Carter's fault. It just happened.

While presidents can affect the economy on the margins, there is relatively little influence he can have.

I noted you opted not to explain what it is Clinton did to bring about the great economy of the LATE 90s.
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