Historical Economic Grace Period?
I have a simple question: Historically, how long does it take for a President/Congress' actions to show up in the economy?
Clearly, the current economy lays at Bush and the last Congress' feet. So, legitimately, at what point does the situation fully rest on Pres. Obama, and this Congresses feet?
I believe it would take a minimum of 4 months to judge initial results, and by 1 year, it would be 80-90% of the current crews choices. Does anyone else have an opinion, or economic data to let me know. Thanks
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