From Glenn Reynolds at Instapundit.com
Scroll down to the commentary on the Donald Sensing piece. here
Professor Reynolds posits that presidents don't have much actual control over the economy but there are times that the wrong fiscal policy could be disastrous. Raising taxes after 9/11 in the midst of the capital spending bust hangover of the late nineties would have been a disaster.
I belive the American people sense this even if they cannot precisely articulate it.
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