[Purple Haize]

Well of course the president doesn't DIRECTLY control the economy. There was some countries who tried that in the 30's, didn't work out too well. However, his/her actions CAN have a direct impact on it. Cases in point:

1. Coporate Tax Rate
2. Windfall Tax
3. Estate Tax
4. Personal Income Tax
5. Tax Credits
6. Governmental Industry Standards. See: EPA, FDA, OSHA, etc
7. Federal Land Allocation

Those just name afew. And with everyone of those actions that the President can initiate, the economy will have to adjust. Thankfully, the Prez. can not rule by fiat, but by their actions they can have a HUGE effect on the economy. For fun, watch what happens when Barry O starts hitting on the Tax Increase. You will see the stock market go down, bonds MAYBE go up, and a lot of companies start looking over seas.

[coolhandluke]