Does the President have any control over the economy?

Question

Then why does he have the power to enter the USA into the SPP (Security and Prosperity Partnership of North America) without ANY government oversight?

That is ZERO government oversight from either congress or the supreme court!

Answer 1

No the President has absolutely no power over the economy.

Answer 2

Your economy is being controlled by the Federal reserve banks, which are privately owned... they print your money and loan it to the treasury with interest....They control interest rates and the amount of money in circulation....The money you pay for your federal income tax goes to pay for the interest of the money the treasury has borrowed. Also, American money used to be worth gold. You would bring your gold to the bank for safe keeping and they would give you a receipt which would be bills, makes it much easier to pay for small things then paying with gold. Since the government gold seizure and the change that occurred making your money worthless... Your money is not backed by anything anymore, your moneys worth is determined by how much is in circulation and who controls that? The privately owned Federal Reserve. I'm Canadian and only 22 years old studying economics in Canada, if you don't believe me or you don't realize this youtube the federal reserve and you will have days of interesting and eye opening videos to watch.

Answer 3

No he has almost zero control over the economy.  As for the second part of your question Congress has to ratify any treat that the President makes before it becomes law.  So there is oversight even if it comes after an agreement is made by the President.

Answer 4

Government oversight, Treaties and the President's effect on economics in this country are all different issues.  

A fact that is completely contrary to many of the post on here so far, President Herbert Hoover during the great depression would give addresses to the nation saying how good things were.  In turn the stock market would drop more on his statements of opinion.  Eventually, they told him to stop talking about the economy.  His comments only increased the volitility in the market.  

Bernanke caused a 200 point shift both ways in the market, in one day, the other week when he mentioned how little the fed would help the mortgage banks.  This guy is appointed by the pres.

Answer 5

Checks and Balances are in place to monitor the Branches of Government.  And as far as I known you can still impeach/remove from office a member of congress or even president...thats oversight.

Answer 6

Oh, hon. Now that's just george being george. He has not paid one speck of attention to Congress or the Supreme Court since he began squatting in the White House eight years ago.

Why would he behave any differently now?