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Salon
Salon
Zina Kumok

Does the president control the economy?

About 50% of Americans believe that the winner of the presidential election will affect their own finances, a recent survey from fintech company Empower found. And while the president can do a lot of things on their own — like invade a country or declare a state of emergency — their effect on the economy and the stock market is more nuanced. 

The economy isn’t just one thing — it’s influenced by multiple different factors and components.

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