Quote:
Originally posted by azasadny
I don't think there's anything any president can do to raise or lower the stock market. Even if they could, it would take a long time for their policies to have any effect. When the economy is good, they take credit for it and when the economy is bad, they blame someone else...
The war in Iraq is another matter...
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Maybe so. We're certainly hearing a lot these days about the President's virtual impotence, at least in the area of economics. And maybe so. Maybe the POTUS cannot make the market rise. But it sure looks like he has the power to make it fall.