The Worst Thing that Ever Happened to the Economy…

…was when George W. Bush got elected. John Wixted at Back Talk has a great post titled Americans Hate Their Fabulous Economy. Wixted has plotted the Gallup Poll tracking Americans’ perceptions of the economy over the last decade:

Gallup Poll Economy454.jpg

He then plots the objective data relating to GDP growth, unemployment and inflation. Suffice it to say that the data paint a very different picture from the polls. Why do you suppose that could be?

Notice: All comments are subject to moderation. Our comments are intended to be a forum for civil discourse bearing on the subject under discussion. Commenters who stray beyond the bounds of civility or employ what we deem gratuitous vulgarity in a comment — including, but not limited to, “s***,” “f***,” “a*******,” or one of their many variants — will be banned without further notice in the sole discretion of the site moderator.

Responses