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The government has two tools with which to influence the economy. Monetary policy and fiscal policy. It can take a long time before changes in monetary policy ripple through the economy, because businesses have to reassess investment opportunities and so forth, but the President doesn't attorney job control monetary policy. The President and Congress control fiscal policy, and when fiscal policy attorney job is changed the effects are felt immediately. When Bush passed his tax cuts we all got money pretty quickly. The impact of that money was felt immediately, it will not show up in statistics 6 years from now. [ ...reply just to this | comment on the story... | next new ] 102. A preview of year 12 of the "Clinton Recession" by Akio at Thu 1 Sep 6:54amscore of 1 in reply to comment 99 When Bush passed his tax cuts we all got money pretty quickly.
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