- Jun 17, 2005
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Some of those look a little dubious.
Is Trump responsible for these events occurring? If so, can this be demonstrated? Probably the answers are "no" and "no."
A deeper look in to this I would check this link out. Some from the link below:
"During normal times when mild fluctuations ripple around the economy, the task of keeping things on a stable growth path depends mainly on the actions of the Federal Reserve. The chair of the Fed, who’s chosen by the president, has a large impact on how monetary policy is conducted. In addition, members of the board of governors (which includes the chair), who are also appointed by the president, have a majority of the 12 votes on the monetary policy committee. So if they’re unified, they can set the policy agenda.
Finally, the president also plays a role in determining how GDP is divided between various income classes and how muchprotection workers have against lost income when they lose their jobs. Tax cuts for the wealthy and spending cuts to social insurance that Republicans advocate will tend to redistribute income toward the wealthy and reduce the protection workers have, while Democratic policies -- tax increases on the wealthy and more generous social insurance -- would do the opposite.
When the executive and congressional branches of government are controlled by the same party, policy is likely to move in one direction, and when the branches are from different parties, the threat of a presidential veto tends to preserve the status quo. In addition, the president can shape the policies of agencies such as the Federal Trade Commission that determine the regulatory environment and the tolerance level for monopoly power of firms. "
How much impact can a president have on the economy?
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