With #5, it should also be acknowledged that a president does impact the state of the economy, sometimes for better and sometimes for worse. However, no single politician can take sole credit (or sole blame) for the state of a multi-trillion dollar economy. A common reason for oversimplification, especially in the political realm, is a personal agenda. It is a very effective means for either taking credit for something (#5) or for placing blame on others (#4).


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