The influence of a president's economic policy is far less important to the economy than the private sector's influence. In fact, federal reserve policy probably has more influential than presidential economic policy. Presidential economic policy is usually centered around congressional legislation. However, that legislation once approved by congress may bear little resemblance to what the president proposed and if congress does not support the president's policy, then the policy is rather meaningless. Then there's the problem of timing. In the economic cycle there is a time to encourage and discourage expansion and most of all, a time to do nothing. If congress does not move rapidly with the legislation it may well come too lake.
