Quote:
Originally posted by NismoXse02:
Moby, you're pretty smart for a liberal. I'm glad you can see outside the box. I thought you were going to argue that point. I wish you would haven't said anything though so I could see how many lefties think the President plays a major role in the economy status.
I think the Presidency does have *some* influence on where things go, but not a lot. Greenspan has more power over the economy (and I suppose, by logic, that would say the President does by appointing him). While the economy does go through it's cycles, I think the dot-com thing was an apparation of sorts - the economy would have continued chugging along (slow, fast, whichever), but the dot-com magnified it unbelievably.
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"Nature has constituted utility to man the standard and test of virtue. Men living in different countries, under different circumstances, different habits and regimens, may have different utilities; the same act, therefore, may be useful and consequently virtuous in one country which is injurious and vicious in another differently circumstanced" - Thomas Jefferson, moral relativist