Business Rundown: How Much Power Do Presidents Really Have Over The Economy?

When the economy is doing well, presidential candidates like to
accept the credit. But when the economic picture looks a bit
muddier, we hear politicians pointing the blame elsewhere. As
former President Trump and Vice President Harris campaign hard on
the economic issues, it begs the question: just how much power does
a U.S. president really have over our economy? Co-anchor of The Big
Money Show Taylor Riggs is joined by Manhattan Institute senior
fellow Brian Riedl to explain how U.S. presidents have found
workarounds to claim more powers of the purse without needing
Congress and the threat that excessive government spending poses to
the American people if it spirals into a debt crisis. Photo Credit:
AP Learn more about your ad choices. Visit
podcastchoices.com/adchoices