DiscussMormonism.com

Inevitably, then, the question being asked now is whether Donald Trump or Barack Obama created today’s strong economy. The correct answer: neither. To the extent that personal responsibility can be assigned, the worthy recipient is Janet Yellen. In practice, presidents’ influence over the economy is limited. If it were otherwise, we’d live in an economic paradise. Unemployment would always be low, wages would always rise, and recessions would never occur. No one has that kind of power. Presidents and their agencies can’t govern the business cycle.