Lies My Talking Head Told Me Part Two: The President Creates Jobs

It’s a hard belief to shake but there’s very little evidence that the President of the United States is in control of the economy. Bruce goes over some of the reasons that this belief is probably nothing more than a causation/correlation problem. It’s a long one, and a controversial one. But the cast may well establish that not only is there any direct Presidential power in the Constitution for the President to control the economy, but the powers are miniscule versus the size of the economy. The Congress limits the President’s power. But where Congress is in lock step, which is rare, Presidents haven’t shown a great ability in history to predict gains or losses in the economy. Music in this podcast by two artists, Chris Zabriskie and Curt Siffert their songs are available at http://freemusicarchive.org/