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Politics : A US National Health Care System?
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To: John Koligman who wrote (6344)3/13/2009 4:07:20 PM
From: TimF   of 42652
 
OT

Do I think BUSH had anything to do with this? No.

Do I think Obama has anything to do with the current drop? No.

I wouldn't say that either had NOTHING to do with the respective drop, certainly at least I wouldn't say that the idea is solid or established that they had nothing to do with it.

BUT I do think "the market's gone down", is weak as an argument for "this president's policies, messed up/are messing up, the economy.

Both for the general reasons I and Lane have been talking about in terms of observational studies rather than controlled experiments, and also for the specific reason that markets have many, often complex, and to an extent unknowable reasons behind their moves.

Presidents frequently get too much credit or blame for what happens when they are president.
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