Quote:
Originally Posted by dd74
I like to think the president and economy are not linked.
|
They are not. Consider the last 30 years.
Reagan had a boom 1981-1987...and a crash. (1987) Republican.
Bush had a small expenasion and then a recession, even if it did not technically qualify. (Republican)
Clinton had a boom and then a bust (Who could forget?) (Democrat)
Bush 2 has had a recession, an expansion, and likely a recession again. (Republican)
Tough to see a connection as to who is doing the better job.
In truth if you look at things historically, the economy expands most when the executive branch is held by one party and the legislative branch by the other.
They are too busy fighting each other to pass new taxes or spend on pork