The economy goes up. It goes down. Sometimes it goes sideways...
How much credit or blame should a president get for the state of the economy?
*give someone credit 공로를 인정하다
History shows presidents get more credit than they deserve when things go well and more blame than they deserve when things don't go well.
*ossify [|ɑːsɪfaɪ] 경직되다[시키다]
Before the bureaucracy has a chance to ossify.
But, you know, somewhat ironically, he says the president doesn't have much direct control over the economy.
The chairman of the Federal Reserve has more power over the U.S. economy than the president of the United States.
*as of now 현재로서는
As of now, though, that is not the case.
*go after ~을 추적하다, ~을 쫓다
*junk fees 잡다한 수수료, 숨은 수수료
*allegedly 주장에 따르면, 의혹대로
The Biden administration has the Federal Trade Commission, which has gone after so-called junk fees and sued big companies for allegedly anticompetitive conduct.
*forgive (빚을) 탕감하다
The Education Department has tried to forgive student loans.
I would tweak a couple of things.
*analogy 비유, 유추
First of all, I think your analogy is fine.
*square 똑바른, (거의) 직각을 이루는
*square with 일치하다, 조화를 이루다, …와 아귀가 맞다
How does that square with what you found in your study?
Alan says, partly, it was just chance. 그냥 우연이었다.
*domain 영역[분야], (책임의) 범위
*in the economic domain 경제분야에서
There's not that much in the economic domain a president can do with Congress.
*pronounced 확연한; 단호한, 천명된 (=definite)
It's way more pronounced.
*go at it (일 따위에 맹렬한 기세로) 착수하다
*go at it against 반대하다
They are going at it against the opposing team.
*apt description 적절한 표현[설명]
That sounds like an apt description.
*acknowledge (사실로) 인정하다
I think we should acknowledge at this point that.
Voters have a bleak outlook on the economy right now, and many are pointing the finger at President Biden. At the same time, many voters have a rosy view of the economy when Donald Trump was president.