Honestly, I thought you were quoting an SNL skit, but now I see this quote in a transcript from his 2026 state of the union speech.
That being said, over my lifetime I've heard many TV talking heads, people I assume are much more well informed than me, claim that presidents don't really have that much to do with the state of the economy, despite the levers they pull, and it's all a matter of timing whether they reap the benefits of a good economy or get pummelled for a bad economy. That doesn't stop them from taking credit when things are good (or pretending that things are great with things are actually pretty meh).
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Honestly, I thought you were quoting an SNL skit, but now I see this quote in a transcript from his 2026 state of the union speech.
That being said, over my lifetime I've heard many TV talking heads, people I assume are much more well informed than me, claim that presidents don't really have that much to do with the state of the economy, despite the levers they pull, and it's all a matter of timing whether they reap the benefits of a good economy or get pummelled for a bad economy. That doesn't stop them from taking credit when things are good (or pretending that things are great with things are actually pretty meh).