Once again, we have been hearing that this is the most important election in our history -- maybe so and maybe not.  I’m sure that was also said during the election leading up to the Civil War, and probably again in the depression era of the late 20’s.

Actually, neither candidate can have much effect on the economy except for his/her ability to sway congress.  Congress controls spending, so statements that begin with “My plan … “ do not really mean much unless Congress goes along.  Even with complete cooperation from Congress, a major change in economic policy frequently takes years to become fully effective, and by then a different administration gets the blame or credit.  The United States economy is like a huge ship, and moving the rudder full left or right will still take the ship a very long time to turn.  Our current problems have grown from seeds planted years ago.  In the same way, our present military shortages stem from cuts made years ago.