State of the Economy
Take a minute to read the Center for American Progress's take on the current economic situation. They correctly point out that the President takes all good economic news and attributes it to his policies, while all bad economic news is unconnected to fiscal policies. This report is an interesting counter to the current Republican economic back-slapping.
posted by Jezebella at 1:54 PM
1 Comments:
Gas prices are a big hit to the economy. The biggest problem, however, are the negative effects of Bush fiscal policy on the middle class. The past 5 years have witnessed declining real wages and increasing prices of staples such as food (and gas). Think about your family's situation during the Clinton years vs. now. Most people I know could have tempered an increase in gas prices much better during times of economic prosperity in the late 90s.
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