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Presidents, governors, and mayors can have an impact on job creation during their terms in office. Almost always, however, the impact is small in relation to the effects of events and trends over which elected officials have little control, especially in their first few years on the job. A recession that is underway or begins soon after a president or governor takes office is in no way the fault of the new officeholder.
September 4, 2012, Gary Burtless, PolitFact