Where Presidents Have No Power

This is a great column by Charles Krauthammer that appears on the back page of the May 10 issue of Time Magazine. It gets to the heart of what I’ve been saying for a long time—Presidents have virtually no control over the economy.

Both sides will CLAIM that the president controls the economy (Bush will say that he’s responsible for economic growth, Kerry will say that Bush has caused job losses and that Clinton caused the ’90s economic boom), but in the real world it’s businesses, investors, and people who control the economy. The government can help or hurt some, but it’s not their show.

Scott Bradford has been putting his opinions on his website since 1995—before most people knew what a website was. He has been a professional web developer in the public- and private-sector for over twenty years. He is an independent constitutional conservative who believes in human rights and limited government, and a Catholic Christian whose beliefs are summarized in the Nicene Creed. He holds a bachelor’s degree in Public Administration from George Mason University. He loves Pink Floyd and can play the bass guitar . . . sort-of. He’s a husband, pet lover, amateur radio operator, and classic AMC/Jeep enthusiast.