Mostly very insightful article, except for one thing: the reference to the early 1990s recession as ‘the first Bush recession.’ Ancient peoples would sacrifice

Mostly very insightful article, except for one thing: the reference to the early 1990s recession as ‘the first Bush recession.’ Ancient peoples would sacrifice their kings when there was a drought or a bad harvest, and we are not much better. Presidents do not actually control the economy, and neither do governments in general. Granted, they have more effect on the economy than ancient kings did upon the weather. Still, economic cycles move mostly on their own. And of course that 1990s recession ended in March 1991, in roughly the middle of Mr. Bush’s term (he left office in late January 1993): one might just as well refer to ‘the first Bush recovery.’ Neither moniker is really accurate: ‘early 1990s recession’ is best.