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Six Dumb Misconceptions About The Economy (that the Politicians Want You To Believe)

www.mrmoneymustache.com Six Dumb Misconceptions About The Economy (that the Politicians Want You To Believe)

– Well, it looks like we’re here in another US election year already.  As Advanced Mustachians, we already know that the ongoing battle of Harris vs. Trump should not be consuming much o…

Six Dumb Misconceptions About The Economy (that the Politicians Want You To Believe)

I generally don't like to make political posts, but this one has an interesting correlation to some of the culture around FI, which is things we can and can't control (i.e. this older post about circle of control, which echoes The Seven Habits of Highly Effective People).

So even if you're not in the US or just aren't interested anymore in the election (i.e. I already voted last week), there's still some interesting points about what the head of government can and can't do, as well as what the rest of government has and doesn't have control over.

Stocks are all over the place right now, and there's a lot of concern about what might happen after the results are announced. I hope this article can bring a little peace since a lot of what the market and news orgs are worried about aren't really things the President has direct control over, and the rest of government will have a delayed impact.

It's certainly an important decision and there will be significant impacts, but sometimes it helps to take a step back and look past the excitement in the news cycle.

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