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Episode 69: Government Job Reports Can Be Misleading

Words & Numbers

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The Effect of Presidents on the Economy

The May jobs report is great news for everyone except Democrats running for office. The effect that a president has on the economy has more to do with psychology than it has to do with economics itself. If people perceive that there's a president who's going to be friendly to markets, you'll see businesses kind of relax and start to invest in long term planning.

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