AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
Reagan is another ideological president that replaced another ideological president: Jimmy Carter, who replaced another president: Tricky Dick Nixon.
The moral of this story? How the current administration performs greatly determines if the same political party stays in the White House, or is sent packing.
Last edited by cabse5; 12-19-13 at 04:20 PM.
Will another ideological president be able to dismantle all of BO's ideological social initiatives?