The Presidential Election and Economics
With the election in mind, here’s a roundup of some of the recent work we’ve done on the subject of presidents, politics and the economy. First, how much power does a president, and the president’s political party, really have over the performance of the economy?
“The forces that affect the economy act over long periods of time, and in many cases there is not much that a president can do, no matter his or her economic agenda,” wrote Polina Vlasenko, senior research fellow at AIER, earlier this year in this blog. In the piece, she points to deep economic undercurrents over which a president has little control.
Vlasenko also wrote in September about the misconception that the election of a new president tends to cause a recession.
Finally, senior research fellow Max Gulker wrote this piece about Clinton and Trump’s plans to promote small business.
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