I beg to differ, presidents can create or lose jobs. How? By the way they handle the economy. In a strong economy, people experience what is called consumer confidence, which means they are earning well, feel secure in their jobs and hence they go out and spend money not just on what they need but also on what they want according to their possibilities. This creates jobs how? Well, competative businesses sell more, begin to grow and thus hire more people. In a weak economy the opposite happens, poeple start spending less, companies make far less and begin cutting their fixed costs, and the first thing most companies cut is labor cost ie jobs. So yes, a president can affect the job market. I should know, I'm a business broker.
Okaaaaay....you beg to differ, say the President "handles" the economy, then go on to talk about jobs in strong and weak economies, without ever even trying to explain HOW exactly the President of the United States has determined whether the economy is strong or weak. The recent recession was felt all over the world. It has affected the Japanese far more severely and for longer than it has the U.S. In the modern day of freer global trade and economic interdependence, the economy of every country is affected, for better or worse, by the countless variables of not only their own economic, social, and political situtations, but all the variables of the rest of the countries, too. So if you'll please explain how a President, Prime Minister, or any other person can possibly hope to hold even a few of the strings of this giant global economic puppet show?
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