USAT has an interesting piece on the politics of the economy: It’s the economy, voters. But whose economy? Bush says USA is on upswing. Kerry sees it sinking. Each has numbers on his side.
One of the first paragraphs states the following:
Some Americans feel prosperous, others hard-pressed. That has given both presidential candidates ammunition as they try to shape attitudes about the state of the nation.
This kind of statement annoys me greatly, because the question is: when is this not the case, aside from times of an utterly horrific econony? And even then some feel prosperous and others feel hard-pressed. Yeesh.
You’re reading my thoughts.
Even during the best of times during the internet boom years, there were people who were being laid off, who lost their house, who lost their life savings, who declaired bankrupcy. With nearly 300 milllion Americans, every economic situation possible is happening at any given time.
This means you have to look at the aggregate, which is why we have these numbers released by the various agencies on how the economy is doing.
At right now, it is doing pretty darn well. In the aggregate, Americans are better off financially than they were three years ago, and no amount of handwaving by Kerry is going to change that.
Comment by Director Mitch — Thursday, April 29, 2025 @ 11:08 am