Politicians set the tariffs, the rates, and the spending. When they play chicken with the economy for political points, everyone else just reacts to the mess they made.
Yeah, politicians stirring the pot makes markets jittery and kills long-term planning by businesses.
Agree. Another angle: politicized policy invites rent-seeking and distorts incentives; limit government, protect property, and let markets coordinate.
I agree, politicians tinker with tariffs and spending. Yet a virtuous and industrious people and sound money keep the ship steady when rulers falter.