Do you believe the next president can improve the economy?

Question

I don't think people truly realize how little the power the president has outside of the military. How can the government, let alone the president, fix a capitalistic economy without getting rid of it?

Answer 1

always

Reagan improved things from when Carter was President.

Answer 2

You have to look at the Fed.. which most people forget.

The Fed is independent and focuses on interest rates and money supply.  It will most likely get worse in the short run.  Bernanke is also letting on that he may have to raise the interest rates due to stagflation.  Stagflation is inflation coupled with unemployment.  Usually with inflation, the economy does grow.  Inflation is actually a symptom of a fast growing economy, but when factored in with unemployment you have two undesirables.  He may have to resort to Paul Volcker tactics (The fed chairman under Carter).

Answer 3

Well, we don't have a capitalistic economy.  What we have, good sir, is corporatism.  HUGE difference.  And no, the next president will not improve the economy.  That's not really up to the president anyway, it's up to congress.  The only way the economy would improve is to cut spending a **** ton, and stop subsidizing things.  Which neither McCain or Obama would be interested in anyway.

Answer 4

He can mostly with tax policy  Ex Reagan lowered taxes considerably and made the IRA and 401(k) plan available for general use.  This resulted in the biggest enoncomic gain of all time.  When taxes are raised, capital gains raised it contracts the economy resulting is less capital for the govt.  this is why the Obama plan is backward.

Answer 5

President can't do it by himself.  Congress has to be functioning too.

Answer 6

The president can't accomplish the job alone. Neither can congress, alone.

Scraping the capitalist system is not the answer either. What we do need is to scrap the "favored nation" idiotry and impose a fair system of taxes on goods and services imported from overseas, implement incentives to keep jobs in the US, and get our currency back on a solid foundation like we had with the gold standard.

Answer 7

As when FDR took office, the biggest job the next President has is to inspire people. To convince people to work to prevent the depression that the Bush league has started us into.

In order to do that, the attacks on the workforce have to stop. The fascist mentality that has prevailed for far too long will kill off everybody, labor and business both if business doesn't wake up.

Answer 8

no