That is not necessarily true. Presidential administrations can affect the economy through fiscal spending. The Biden administration started their administration

That is not necessarily true. Presidential administrations can affect the economy through fiscal spending. The Biden administration started their administration with $1.9 trillion in stimulus, on the heels of about $3 trillion in stimulus spending. Their $1.9 stimulus was poorly targeted and risked exacerbating inflation, a few federal reserve banks and many economics said this at the time. Gosh, imagine if the administration got their $4-6 trillion dollar build back better program passed. Obviously there are a lot of factors at play and a lot of this is up for debate. My local community spent $10 million dollars of federal covid stimulus money on a park/tourist attraction that is less than 1 acre in size. That is just one example of the frivolous items governments all over the country have spent this money on. There isn't a lot of auditing or reporting going on about this. This is all inflationary.