It's the Economy, but don't be Stupid

Robert Samuelson makes the case:

"Sensible voters should look beyond the cheery or dreary economy of the moment. They should recognize that if presidents could control the business cycle, recessions would never occur, there would always be "full employment" and inflation would remain forever tame. Instead of judging prospective presidents on what they can't do, voters ought to concentrate on what they can do. There are plenty of real differences among the remaining candidates. But (James) Carville is probably right. For many, it will be the economy, and it will be stupid."