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Old 11-20-2011, 03:36 PM
 
6,940 posts, read 9,671,530 times
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Yikes, how did she get her PhD? She needs to read more about economics. She has no idea what she's talking about. I'm a left leaning moderate, but these type of claims are just asinine. The president has no authority over the GDP and deficit.





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Old 11-20-2011, 03:56 PM
 
943 posts, read 781,538 times
Reputation: 587
The president doesn't have power over the GDP, but they influence it with bad or good economic programs.
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Old 11-20-2011, 04:19 PM
 
69,368 posts, read 64,061,835 times
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Quote:
Originally Posted by moionfire View Post
The president doesn't have power over the GDP, but they influence it with bad or good economic programs.
Economic programs are written by Congress, not the President.
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Old 11-20-2011, 06:22 PM
 
23,940 posts, read 15,046,900 times
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My broker told me in 1992 that the stock market generally did better under Democrats. I pay no attention. He still thinks that's true. Of course, he works for UBS.
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Old 11-21-2011, 07:46 AM
 
943 posts, read 781,538 times
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Quote:
Originally Posted by pghquest View Post
Economic programs are written by Congress, not the President.
Congress is greatly influenced by the president. Most major economic policy and domestic policy is thought up by the white house and is implemented by the House and Senate.
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