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Milkman · 07-06-2006, 10:13 PM

Presidents do not have much control over the U.S. macroeconomy

H. Bush and Clinton did not follow the coat-tails of Reagan nore any other President before them.

The economy in the 1990s adapted and changed significantly from that of the 1980s.

Congress, also only has an affect on certain industries of the U.S. Macro-economy.

Consumer spending is 2/3 of the economy in the U.S.

So toss the politics and focus on interest rates, CPI (which measures inflation) and the per capita debt ratios, and PPI (production price index).

Inverted J-curve? Probably doesn't forecast much, but it shows how things could look someday.

07-06-2006, 10:13 PM	#17 (permalink)
Milkman Gone Off Join Date: Dec 2005 Location: shelf Posts: 9,593	Presidents do not have much control over the U.S. macroeconomy H. Bush and Clinton did not follow the coat-tails of Reagan nore any other President before them. The economy in the 1990s adapted and changed significantly from that of the 1980s. Congress, also only has an affect on certain industries of the U.S. Macro-economy. Consumer spending is 2/3 of the economy in the U.S. So toss the politics and focus on interest rates, CPI (which measures inflation) and the per capita debt ratios, and PPI (production price index). Inverted J-curve? Probably doesn't forecast much, but it shows how things could look someday.