IF he is the reason for the economy going up or down then he gets blame/credit. Same with gas prices. not complicated. What actions of Obama's do you credit with lowering gas prices?
That's not really how it works. The economy is an extremely complicated entity and Republicans choose, in whatever inconsistent manner they see fit, whichever parts within that entity to show why the economy is succeeding or faltering to assign blame to Obama and deny him credit. It's your usual shell game politics.
i cant answer your question. it does seem to me though that R's would actually be happy if it were bad economic news instead of good. its very weird to me.
Because there really is very little interest in the well being of America There is R Team and D Team Each only want America to do good when they can claim responsibility and they will sabotage the other when they can Rocket River
U.S. employers extended a healthy streak of hiring in February by adding 295,000 jobs, the 12th straight monthly gain above 200,000. Jobless rate falls to 5.5 pct.
That's surprisingly strong given the weather - more or less all of New England has been entirely out of commission and the rest of the East coast has had huge amounts of missing time.
Great news. I recall there were two camps, one saying that unemployment rate will never go back to 5% again and another saying that it can and will go back to 5%. Here is an article from CNN in 2012 touching on that topic. Always fun to look back at some of these predictions. Got to give some credit to Bernanke.
Well, if the Republicans didn't **** it up so much, the Democrats wouldn't look so smart fixing it. So, this is really thanks to the Republicans!
Most misleading image ever. Economy 101 - The presidency has nothing to do with the fluctuations of the economy long term. It is purely coincidental. Do you consider Clinton a genius since he was the president when the Dot Com boom was happening? They might be able move some numbers artificially but the president almost has nothing to do with the economy. Ask any economics professor and they will tell you that.
Why just 50 years and not 100 years? Maybe the Great depression happen to have FDR, who is a democrat...as president? Rigged propaganda data to me
Economy preABC - The presidency can absolutely impact economy. Just look at past wars, major tax changes, labor and social programs. Now, do president directly impact economy - who knows. Maybe it's just luck. Maybe not. Maybe it has to do with consumer confident, to do with foreign policies and external factors that may or may not be in direct/indirect relationship with the President policies. Whatever the case, there is a pattern and one that can't simply be explained away as "pure coincident". Perhaps you can explain some of it or even most of it away with in depth analysis, but all of it? And to said that the President having NOTHING to do with economy is too common a talking point that is too commonly accepted that doesn't seem to make any sense, at least to me.
Wasn't Hoover (R btw) the president during the start of the great depression? FDR presides during and after the great depression. I would bet if you look at the job #, FDR has a big gain since most of the lost is probably early on during Hoover tenure. So yea I think so: http://en.wikipedia.org/wiki/Jobs_created_during_U.S._presidential_terms Look at "job creation by term". Hoover -> -5.41% or a lost of 6.4M jobs. FDR -> +5%, +2.5%, +5% or gain of ~15M jobs. Also you would note that prior to 1941, the data were estimates. So probably good statistics weren't kept back then.
LOL, that's what I was getting at above. I'll give him the benefit of the doubt and guess he is yet another conservative troll like bigtex, rudan, basso...
Here's a PBS article exploring a study that tries to explain why the economy usually does better under Democrats. Short version: President has very little direct influence, best indicator is oil prices, Dem foreign policy generally does less to F with the price of oil than Repub foreign policy. Some Dem presidents were just lucky, but "luck" accounts for half the difference between D and R, so there's something else too.
