Comment on If the obscenely wealthy benefit most from having Republicans in power; and collectively they have disproportionate control over the economy; wouldn't they use that power to sabotage Democrats?

palebluethought@lemmy.world ⁨3⁩ ⁨months⁩ ago

• xmunk@sh.itjust.works ⁨3⁩ ⁨months⁩ ago

  As an example… fox news.

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  • TheAlbatross@lemmy.blahaj.zone ⁨3⁩ ⁨months⁩ ago

    And the Sinclair Media Group.

    To answer OP’s question succinctly, yes, and they do.

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• Clinicallydepressedpoochie@lemmy.world ⁨3⁩ ⁨months⁩ ago

  The general consensus seems to be which ever party is in power has the most control over the economy.

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  • njm1314@lemmy.world ⁨3⁩ ⁨months⁩ ago

    I think that’s only a consensus among people who don’t understand the economy very well. The truth is politicians have very little control over the economy particularly in the short term. At most politics is able to nudge the economy very slightly like the rudder on a massive ship that takes years to turn.

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  • DarkCloud@lemmy.world ⁨3⁩ ⁨months⁩ ago

    It’s pretty difficult to control a lot of the economy still, especially where international concerns like the OPEC price setting cartel is concerned, yet oil prices are often blamed on leadership.

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  • palebluethought@lemmy.world ⁨3⁩ ⁨months⁩ ago

    Sure, I mean pretty much by definition. What does that have to do with your question?

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    • Clinicallydepressedpoochie@lemmy.world ⁨3⁩ ⁨months⁩ ago

      I guess, thank you for your response.

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