Regardless if we "see" the effects of the current President, they're there and they're effecting us every day. How much money has Google and the Telcos spent 'defending' their data from The Bush Administration and their privacy views (or lack of)?
Democratic Control of Congress? Whoppie. Tell that to them, after, with one stroke of the pen, Bush vetoed their attempt to end the war in Iraq - an action directly against every member of Congress that voted for the bill and an action that will have direct consequences on the lives of a large number of troops in both Iraq and Afghanastan (and many troops elsewhere), the friends and families of those troops and those living in Iraq and those fighting against us in Iraq. All this, from one single action from one individual.
Additionally, the actions of this president will have a direct effect on the outcome of the next presidental election (for better or worse).
This list is supposed to be presented by a magazine under the premise that the people listed are the most influential people this year. Not the most liked or most well known or such, simply the "100 Most Influential People". If they want this list to be taken seriously, they should actually include the most influential people - and the President of the United States is one of them. I would accept that it could be debated that he isn't the "most influential", but he's in the top 100 easily.
Am I saying that Miyamoto doesn't deserve to be on the list? Not at all. But if anyone seriously thinks that Miyamoto is more influential than the President... well... wow... I thought I was a Nintendo fanboy.