How the U.S. Consumer Controls the President

The video discusses the limited impact of presidents on the economy, emphasizing that the economy itself, along with the Supreme Court and Congress, plays a larger role. It highlights a Bloomberg chart showing that consumer behavior influences political outcomes more than presidential actions. The video also touches on the topic of Federal Reserve officials making political contributions, questioning the implications of such actions.

What role do presidents play in the economy according to the text?

How does the consumer influence the president's chances of re-election?

What does the text suggest about the relationship between the economy and the incumbent president's approval?

Discuss the implications of blaming or crediting the president for market performance.

What are the ethical considerations regarding Federal Reserve officials making political contributions?