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The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.

Robert Fogel
President, Credit, Want
Interview with Marika Griehsel, www.nobelprize.org. September 2004.
The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.