cover of episode Business Rundown: How Much Power Do Presidents Really Have Over The Economy?

Business Rundown: How Much Power Do Presidents Really Have Over The Economy?

2024/10/28
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The Fox News Rundown

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Brian Riedl
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Taylor Riggs
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Taylor Riggs:本期节目探讨美国总统对经济的影响力。尽管国会拥有大部分权力,但总统正通过关税和行政命令行使越来越多的权力。总统候选人在经济形势好转时会宣称功劳,而在经济低迷时则会推卸责任。总统不能单独制定财政政策,国会拥有最终的立法权和拨款权。 Brian Riedl:总统通过行政命令绕过国会,行使越来越多的权力,例如征收关税和增加支出。拜登政府利用行政命令增加了1.2万亿美元的支出,包括学生贷款减免、食品券和医疗保健支出。虽然大部分权力仍然掌握在国会手中,但总统在关税和行政命令方面拥有越来越多的权力。特朗普总统曾提出用关税替代所得税,这在数学上行不通,而且关税最终由美国人民承担。历史上,关税主要被用作针对性的报复措施,而非广泛征收。特朗普的关税政策确实导致某些商品价格上涨,但整体通货膨胀率并未大幅上升,因为关税是针对性的。与针对性关税相比,对所有商品征收关税会导致更高的价格水平和更高的通货膨胀。对所有商品征收广泛的关税,每个家庭的额外支出可能高达6000美元。 过多的政府支出导致通货膨胀,而行政命令绕过国会增加了政府支出。总统利用行政命令绕过国会增加支出,导致联邦预算膨胀。民主党总统利用行政命令增加支出,共和党总统则更多地利用行政命令来实施关税政策。特朗普和哈里斯的政策都会导致巨额赤字,这在财政上是不可持续的。由于债务增加,利息支出急剧增加,这将对美国经济造成严重影响。美国政府债务持续增长,最终可能导致债务危机。持续增长的债务最终将导致债务危机,因为债券市场无法提供足够的资金。根据模型预测,在目前的债务趋势下,美国经济在20年内可能崩溃。

Deep Dive

Chapters
Presidential candidates often take credit for a strong economy and blame external factors when it's weak. While Congress holds most fiscal power, presidents increasingly use tariffs and executive orders to exert influence.
  • Presidents utilize tariffs and executive orders to influence economic policy.
  • Congress retains primary control over fiscal matters like budgets.

Shownotes Transcript

When the economy is doing well, presidential candidates like to accept the credit. But when the economic picture looks a bit muddier, we hear politicians pointing the blame elsewhere.

As former President Trump and Vice President Harris campaign hard on the economic issues, it begs the question: just how much power does a U.S. president really have over our economy?

Co-anchor of The Big Money Show Taylor Riggs is joined by Manhattan Institute senior fellow Brian Riedl to explain how U.S. presidents have found workarounds to claim more powers of the purse without needing Congress and the threat that excessive government spending poses to the American people if it spirals into a debt crisis.

Photo Credit: AP

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