[FoRK] How Barack...

Russell Turpin <deafbox at hotmail.com> on Fri Apr 18 14:51:00 PDT 2008

k-elliott at wiu.edu:
> I'm sorry, but the whole idea that any meaningful conclusion can be
> drawn about presidents "sheperding" the economy is total bollocks.
> Short of obscene stupidity (i.e. price controls), the time scales are
> to long and individual events too unpredictable for the president to
> receive either blame or credit for the state of the economy.

What? You don't believe the market correctly factors the future effect
of present policy into present value? You must be some kind of 

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