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market economyCollege of Agriculture and Life Sciences
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70% Informative
Mike Walden : One question people are asking is if a president can control the economy.
Walden says a president has influence over both fiscal policy and monetary policy, but the influence is indirect.
He says Congress has the power to change the Fed 's charter charter, but a president’s veto of changes would have to be overruled by the sitting president or Congress .
A president doesn't guide the economy like an executive or manager guides a company.
Walden: A president has influence over the economy, but the influence is indirect through working with Congress , making appointments to the Federal Reserve and rallying support from the public. Walden says it takes more than that one person — even a very powerful person — to move the economy.
VR Score
80
Informative language
82
Neutral language
66
Article tone
formal
Language
English
Language complexity
54
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
long-living
External references
no external sources
Source diversity
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