Monday, July 09, 2012

Betting, with our money

At a campaign stop in Ohio on Friday, Obama actually said we're still
"heading in the right direction." Is he kidding? As a stagnant GDP
drops below 2 percent, employment falters, retail sales decline, and
the ISM index for manufacturing drops below 50 (signaling
contraction), no objective observer can deny that the economy is
headed in the wrong direction.

I don't like playing the pessimist, but the numbers are the numbers.
This is exactly what former Clinton advisers James Carville, Doug
Schoen, and Stanley Greenberg have been warning Obama about. People
just don't believe the economy is getting better. So he's gotta change
his message.


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