[CSM]

"If Bush loses and JF'nK gets to raise taxes on US businesses, they have only themselves to blame. Hiring 32,000 in July means an average of 640 new hires PER STATE...just pathetic. This economy is going no where at this rate. The only thing that is up is oil prices."

I am continually amazed at the comments by Freepers expecting the Federal Government to take responsibility for market fluctuations. Since when does our constitution give the President the responsibility of managing the free market?

[Moonman62]

I am continually amazed at the comments by Freepers expecting the Federal Government to take responsibility for market fluctuations. Since when does our constitution give the President the responsibility of managing the free market?

It doesn't, but his policies do affect the markets, and what we're seeing now is the effect of the Bush dollar.

[Dave S]

Since when does our constitution give the President the responsibility of managing the free market?

As soon as he started taking credit for its growth this Spring.

[EEDUDE]

"I am continually amazed at the comments by Freepers expecting the Federal Government to take responsibility for market fluctuations. Since when does our constitution give the President the responsibility of managing the free market?"

He doesn't have the POWER to do that even if he wanted to.

That's why people buying into Kerry's statements about "we will create jobs" is so amazing.

[gipper81]

I am continually amazed at the comments by Freepers expecting the Federal Government to take responsibility for market fluctuations. Since when does our constitution give the President the responsibility of managing the free market?

You're absolutely right, but, as you know presidents get the political blame or benefit for the current macro data regardless.