Mood: sharp
Now Playing: football
Topic: Economy
Interestingly enough, this Sunday's Journal Sentinel had an article in the Busines section that is related to two earlier posts of mine (here and here--Ben's comment here is good also).
The article is from the Wall Street Journal and quotes Brad DeLong, a former Treasury official now teaching at the University of California at Berkeley. He says,
"'Is George W. Bush responsible for the fact that the employment situation is lousy?' asks Brad DeLong, a former Clinton Treasury official who teaches economic history at the University of California at Berkeley. 'No,' he says. 'Presidents influence the economy. They don't control it.'"Now he doesn't let Bush off the hook, but as a conservative, I think he overstates his case by saying that "nearly every major Bush economic decision will hurt the U.S. economy."
The article goes on to mention things that presidents can control and others may agree or disagree with those things.
Posted by Dean
at 11:19 PM CDT