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Friday, October 22, 2010

The "Bush" Recession

We often look at whomever is in the White House and assume that is who is in charge of the country.

Presidents get blame and credit for the ups and downs in the economy and frankly its not Presidents that drive the governmental impact on the economy its The Congress.

Congress holds the purse strings. Laws and regulations originate in the Congress. If government is going to help or harm the economy, this help or harm will most often start out in the form of a bill drafted in some subcommittee in Congress.


With that in mind I present the following chart.

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