Read the whole thing here.
The one thing that’s being underreported in this election cycle is not a race but something about the economy. It goes like this: People today are less pessimistic about the economy in general, far less pessimistic than they were a year ago. However, they have not seen any improvement in their own personal finances. People are feeling worse about their personal finances than they felt a year ago and worse than they felt two years ago, and they continue to believe that their own finances are getting worse. Only half of homeowners believe their home is worth more than the mortgage. We can talk all we want about grand issues and economic indicators, but when people aren’t feeling good about their own personal finances, it creates a sour mood for all politicians.
No comments:
Post a Comment