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?

• 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.

  source
• 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.

  source
• palebluethought@lemmy.world ⁨3⁩ ⁨months⁩ ago

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

  source

  • Clinicallydepressedpoochie@lemmy.world ⁨3⁩ ⁨months⁩ ago

    I guess, thank you for your response.

    source