Great Recession In America

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When looking at the Great Depression, America as a country did not want to go through a struggle of that magnitude again. However we managed to see a similar situation about fifty years after the depression and another present day. Although neither of these was as bad as the Great Depression these recessions show us that the President control of the economy is simply fortune. The President can influence the economy but controlling the economy is more sophisticated than people think. In addition any expansion experienced in that Presidents term in office is mainly predetermined by the harshness of the recession that may have occurred before him. Economic booms and or recessions depend on the monetary and fiscal policies. Even before the Great

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