The president is not the economy

The word “impeachment”  has been getting a lot of play over the last few days, including by President Donald Trump, who said this during an interview on “Fox and Friends”: “I tell you what, if I ever got impeached, I think the market would crash. I think everybody would be very poor.” Setting aside whether or not the president is likely to be impeached, his statement raises an interesting question about his influence over the economy. 

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