Monday, May 08, 2006
Why the Cock Isn't Crowing
A few days ago I wrote about why the Republican run Congress and the president can't see to take advantage of what is widely seen as good economic times.
Here, a pollster says it much better than I did.
"People cannot eat GDP, pay for prescription drugs with the interest-rate spread, clothe their families with orders for capital goods or pay college tuition with the money supply … The public's leading economic indicators are the cost of gasoline, the cost of health care and the number of jobs exported overseas." GOPers "... will not get credit for raising the Dow as long as they are squeezing the middle class."
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Here, a pollster says it much better than I did.
"People cannot eat GDP, pay for prescription drugs with the interest-rate spread, clothe their families with orders for capital goods or pay college tuition with the money supply … The public's leading economic indicators are the cost of gasoline, the cost of health care and the number of jobs exported overseas." GOPers "... will not get credit for raising the Dow as long as they are squeezing the middle class."
