General Discussion
In reply to the discussion: NAFTA at 20: One Million U.S. Jobs Lost, Higher Income Inequality [View all]jeff47
(26,549 posts)You ascribe far too much economic power to the President.
"Morning in America" happened because the Fed cut interest rates. Not because of "Reagan's tax cuts".
The boom during Clinton's presidency was due to the dot-com bubble.
The recovery from the dot-com crash during W's presidency was due to the real estate bubble. Largely created by banking regulations being gutted in the 1990s.
The most those Presidents did was not get in the way. But even then they have a very limited ability to get in the way. Congress has way more power than the President in affecting the economy. A President can call for tax cuts or tax hikes. Or for more or less regulation. He can't actually make them happen to any significant degree.
Your post is an attempt to rewrite history to fit the narrative you want to tell. Just like those attempting to excuse the invasion of Iraq.