Skip to comments.Public expects Booming Economy to get even worse
Posted on 04/28/2006 4:37:59 PM PDT by navysealdad
Public expects Booming Economy to get even worse The U.S. economy grew at its strongest rate in 2-1/2 years during the first three months of this year, a Commerce Department report on Friday showed. Gross domestic product grew at a 4.8 percent annual rate in the January-March first quarter. Senators Ted Kennedy, Harry Reid and Hillary Rodham Clinton said on Friday the economy was too strong for the little guy to catch up.
When it comes to public perception regarding the state of the economy, the perception couldn't be much gloomier. So says "right-wing" Fox News Channel, citing its latest "Opinion Dynamics" Poll, which reliably predicted Kerry would trounce Bush 17 months ago. (Libbies feel they can really trust polls because they're impervious to Rove's Diebold machines.)
The poll's "findings" were featured prominently at the Foxnews.com Web site in an article with the cheerful headline, Gloomy Economic Views; Bush Approval at New Low.
Bush, grappling with skyrocketing stock prices and near record low unemployment, could face defeat in November . . . who knows.
"Americans are more than twice as likely to rate the nation's economy negatively as positively," the "report" says. Only 18 percent think the economy doesn't suck, "while the widespread consensus is gloomier."
According to the poll, a solid majority say "it feels to them and their families" that this booming economy is getting even worse.
(Excerpt) Read more at angelfire.com ...
Bush is up for reelection again?
Well it was over 200 years old and written by rich, white men.
The Bush-Republican economy, despite having inherited a recession and the disruption of 9/11, is far better than the Clinton years. The 1990s were a fake boom. This one is real, and President Bush deserves immense credit for that.
This is in DIRECT opposition to the factual figures -- jobs grew in both the lower and higher end sectors. It's called "barbell" growth.
The usual Sad Sadies are lying.
When this barbell growth is seen, what happens is that everyone from the bottom on up reaches towards those higher rungs, as a consequence it continues to pull the economy in an upward direction.
The Sad Sadies have just got to lie; and in the face of all economic data available, worldwide.
The poor are getting better off, wealthier, and the Democrats are furious and sad about this..
Tsk tsk tsk...
ignore all consumer polls on the economy...business sentiment is much more important....after 911 consumer confidence actually went UP!!! reason gas prices fell...of course gas prices fell!! 1m people lost their jobs and 20% of the nation's passenger aircraft were grounded...yet the sheeple for some reason thought that was a good thing