Okay, DUmbasses - civics 101.
Q ) How many laws is The President allowed to make ?
A ) None. The President cannot make law, though he can propose laws to congress, and ultimately block the adoption of new laws via veto, provided the law passed with a small enough margin to permit a veto.
It is more important to consider who controls congress than who occupies the oval office when questioning the state of the economy. Even though The President may propose bills that would have economic impact, congress ultimately permits or denies those plans.