Where Presidents Have No Power

Don't give them credit (or blame) for the economy--it's beyond their control

We are the home of the brave and the land of the free, but our elections are an exercise in irrationality. Presidential races are won and lost largely on the state of the economy. War is the only larger issue, and of course this year Iraq looms large. But bad news from Iraq appears not to be altering the presidential race. John Kerry certainly seems to think the election will hinge on the economy, which is why he just spent three days riding 427 miles through the economically hard-hit Midwest on a bus called the Jobs First Express.

The last challenger...

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