Sunday, October 19, 2008

Can A President Tame the Business Cycle?

Check out this great New York Times interactive graphic. Notice the biggest change in the past 16 years (i.e. bipartisan) is the change in the share of income of the bottom 99%.

2 comments:

Taggert said...

But the President generally has little impact on the economy. At least not much of a contemporaneous impact. See Mankiw

giddings said...

That is, if you assume no psychological impact and that all of the "independent" agents are truly independent.