Overview
Politics plays a major roll in the repetitive nature of the "long
wave". While the first Kondratyev Economic Law states clearly that government
is a lagging factor in the course of economic events, the selection of leaders reflects
the general mood of the public. This is very true in a democracy, but applies to
even dictatorships and kingdoms where freedom of choice is severely limited. Here we
examine the roll of the leaders in relation to each cycle in the U.S. Beyond
tracking liberal vs.conservative we look at the role that each leader plays in the course
of the long wave irrespective of party |