Thursday, November 29, 2007

From the White House--Rosie Scenario Has Left the Building

So, it seems that the White House today stopped blaming the "liberal media" for the state of our economy, shifting instead to the housing slump and the resulting tightening of credit. What everyone else already knew.

Despite pretty low unemployment historically speaking, and moderate growth for the past few years, the vast majority of Americans (78% of respondents in a recent Gallup poll) say the economy is getting worse. Apparently, the 13% who said the economy is getting better all work at the White House.

Regular people are worried about high gas prices, skyrocketing health care costs, and paying their ARM mortgages. Until today, the only complaint about the economy from Republicans is that the media doesn't cover all the great stuff going on. That would be because there isn't any unless you are already doing pretty well.

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