How does the president affect the economy?
so many people say its his fault none of you even know how the economic cycle works well maybe a few do heres your chance libs impress me how does the pres control our economy?
NOTE: dont say the war because a the wars gonna continue even if obama is there (he said hed stay till alqaeda was gone whos there now) and dont say earmarks because the congress(dem controlled) is way worse.
- Anonymous1 decade agoFavorite Answer
John F. Kennedy, a DEMOCRAT, was sworn in as the 35th President of THE United States of America, at noon on January 20, 1961. In his inaugural address he spoke of the NEED for ALL Americans to be ACTIVE CITIZENS, famously saying, "Ask not what your country can do for you; ask what you can do for your country."
Please NOTICE that it said DEMOCRAT - NOT Socialist and / or Communist Democrat !!
It means this country is only as strong as the people in it. It means get off your a$$ and do something!!!
Unfortunately for Democrats ... they have to recognize that since the 73rd Congress in 1933, for a majority of the last 65 years, Democratic Houses of Representatives and Democratic Senates have CONTROLLED the nation and the President. A TOTAL of 38 Sessions with Democrats in CONTROL for 28 of those!
WE need to inform/TELL our political representatives that WE NEED TO PASS a Constitutional Amendment for the LINE ITEM VETO.
This will keep the SPECIAL INTEREST GARBAGE from being attached to valuable legislation.
The President was briefly granted this power by the Line Item Veto Act of 1996, passed by Congress in order to control "pork barrel spending" that favors a particular region rather than the nation as a whole. The line-item veto was used 11 times to strike 82 items from the federal budget by President Bill Clinton.
If Congress wants to give the president that power, they will have to pass a constitutional amendment, Supreme Justice John Paul Stevens said. "If there is to be a new procedure in which the president will play a different role in determining the text of what may become a law, such change must come not by legislation but through the amendment procedures set forth in Article V of the Constitution," Stevens said, on June 25th, 1998.
IF your special interest is SO valuable, why do you have to HIDE it in valuable legislation?
So, with them REFUSING to PASS the Line Item Veto, in reality, the House and Senate have REALLY been controlling the country!!
AND, with the CURRENT Senate and Congress having the WORST approval rating in HISTORY, hopefully we will see a LOT of changes after the general elections.
A recent Reuters poll is out and Nancy Pelosi and Harry Reid have pulled an upset: They have managed to make George Walker Bush twice as popular as CONGRESS.
THIS WEEK - - Just 13% of Likely Voters now say the DEMOCRATICALLY CONTROLLED Congress is doing a good or excellent job. The latest Rasmussen Reports national telephone survey found that 43% give Congress a poor rating.
Those results represent a slight decrease from last month, when 15% gave Congress a good or excellent rating.
Democrats generally believe in heavy fines for honest work, while rewarding sloth and indulgence.
Do YOU think that people should be able to do absolutely nothing productive and get government hand-outs for sloth and indulgence - healthcare, tobacco, alcohol, drugs, STDs, etc. ??
Do YOU want to have YOUR MONEY TAKEN from YOU and YOUR FAMILY to FINANCE these people ???
- ?Lv 44 years ago
i've got puzzled the comparable element. in case you study a sprint economics you will observe that each and each concept, clarification for an journey, or proposed new gadget constantly has a sprint political schedule outfitted into it. however if it is Social Darwinism or Marxist classification conflict or Libertarian loose markets, in case you look you will discover it. each and each college of economic concept sees the international by way of it extremely is very own ideological lenses. 3 economists would have 3 different motives for why some thing exceeded off. 3 economists would have 3 different predictions for the destiny and all of them will prove incorrect. Economics only isn't a technology. Economists have not found out what brought about the large melancholy, or why it stopped, and that they easily do not know the thank you to keep away from it from occurring lower back. Then in case you communicate the long term impacts of differences, spurt of economic improve must be the top results of rules that have been began years until now. Then there is shopper self assurance, and furnish and demand.. the fee of a inventory can drop via fact of a rumor, and an city legend like Y2K can create a spike interior the fee of gold. Inflation on the different edge of the international can convey foreign places capital into our banks. Blaming a president for the economic gadget is like blaming him for the climate.
- DARLv 71 decade ago
He appoints the head of the Fed who plays games with our monetary value manufacturing credit and lowering interest rates to stimulate profits for wall street while devaluing our dollars earned and saved. He sets the budget and can veto spending bills, and can just bring the troops home in this case since there is no Constitutionally declared war, and can impact foreigh policy and therefore cut foreign spending when the funds are needed in our own economy.
I'm not liberal, though.
- Anonymous1 decade ago
The President either takes a leadership role in turning the annual deficit into an annual surplus, like President Clinton did, or he pays a lot of lip service to fiscal responsibility, while letting the GOP congress spend our tax money like drunken sailors in a whore house, like Bush did.